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Wrapped BTC/Wrapped Ether (Sushiswap LP)

PreviousmStable: mBTC/hBTC (mhBTC)NextWrapped BTC/Badger (Uniswap LP)

Last updated 2 years ago

This LP vault requires that you hold an equal amount of each underlying in order to deposit.

How to deposit:

1. You must first hold an equal amount of wBTC and Ether in your wallet before beginning the process. Both assets can be acquired from any reputable centralized exchange such as or and swapped for on any decentralized exchange like or .

2. Once you have acquired equal amounts of the necessary assets, you will head over to Sushiswap to add liquidity to their wBTC/wETH pool. This can be done by accessing the pool tab and selecting wBTC and ETH as the assets you wish to deposit into the pool.

3. After depositing into the Sushiswap pool, you will receive an sLP 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.

Strategy:

Addresses:

wBTC: 0x2260fac5e5542a773aa44fbcfedf7c193bc2c599.

SLP wBTC-ETH: 0xceff51756c56ceffca006cd410b03ffc46dd3a58.

bSLP wBTC-ETH: 0x758A43EE2BFf8230eeb784879CdcFF4828F2544D.

Fees:

Withdrawal fee: 0.1%.

Performance fee: 20%.

4. You will then head over to the , select the Sushiswap Wrapped BTC/Wrapped Ethereum vault on the Sett Vault page and proceed to deposit your sLP token to receive rewards.

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