How to stake HBTC on Near

HBTCPublished on 2022-05-19Last updated on 2022-05-19

Abstract

How to stake HBTC on Near

HBTC has already connected with NEAR ecosystem, along with high APY FARM. Following with instruction how to proceed.

【Conversion and cross chain steps】

·How to get HBTC

Deposit/Purchase BTC at huobi.com, then withdraw BTC by using ERC20 to your Metamask wallet address, HBTC then successfully minted.

To redeem your HBTC back to BTC, reverse the step by deposit BTC through ERC20 to huobi.com

If you have WBTC, you can go to ref.finance convert WBTC to HBTC through Stableswap.

·How to transfer HBTC to Near

Use Rainbow bridge to transfer HBTC from your Metamask ERC20 wallet to Near wallet, click “Connect” to bind your Near and Metamask wallets.

Rainbow Bridge:https://rainbowbridge.app/transfer

Near wallet : https://wallet.near.org/

After successfully binding your wallets, click “Begin New Transfer” to proceed next step.

Click “Show all tokens”

Look for HBTC on the drop-down list

Insert the amount you would like to transfer, click “next” to confirm your transaction.

【How to get LP】

Go to https://app.ref.finance/sauce to get LP Tokens(skip this process if you already have LP Tokens)

Click “ Add Liquidity”

Insert amount you needed

Confirm by clicking “ Add Liquidity”

Confirm transaction on Near wallet

【How to use LP stake HBTC-WBTC Farm (LP)】

Open a new tab to https://app.ref.finance/farms , then connect with your Near Wallet

click “Stake”

Input stake amount

Click “MAX”and“Stake”

Confirm transaction on Near wallet

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