Wrapped BTC/Badger (Uniswap LP)
The Wrapped BTC/Badger LP Vault contains a combination of wBTC and Badger.
Last updated
The Wrapped BTC/Badger LP Vault contains a combination of wBTC and Badger.
Last updated
This LP vault requires that you hold an equal amount of each underlying in order to deposit.
1. You must first hold an equal amount of wBTC and Badger in your wallet before beginning the process. Both assets can swapped for on any reputable decentralized exchange like Sushiswap or Uniswap. Alternatively, wBTC can be converted from native Bitcoin using the Badger Bridge.
2. Once you have acquired equal amounts of the necessary assets, you will head over to Uniswap to add liquidity to their wBTC/Badger pool. This can be done by accessing the pool tab and selecting wBTC and Badger as the assets you which to deposit into the pool.
Note: Liquidity has to be provided in Uniswap V2.
3. After depositing into the Uniswap pool, you will receive an LP token that represents the value and percentage of your deposit in that pool. This token will not appear in your wallet unless the token has been added but that does not mean it isn't there. It will appear visible in the Badger App during the next step.
4. You will then head over to the Badger App, select the Uniswap Wrapped BTC/Badger vault on the Sett Vault page and proceed to deposit your LP token to receive rewards.
wBTC: 0x2260fac5e5542a773aa44fbcfedf7c193bc2c599.
Badger: 0x3472A5A71965499acd81997a54BBA8D852C6E53d.
LP wBTC-Badger: 0xcd7989894bc033581532d2cd88da5db0a4b12859.
bLP wBTC-Badger: 0x235c9e24D3FB2FAFd58a2E49D454Fdcd2DBf7FF1.
Withdrawal fee: 0.1%.
Performance fee: 10%.
