How to stake HBTC on Ref Finance

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

【Conversion and cross chain steps】

1. 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.

2. 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.

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 Sauce section of Ref Finance app 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
Then, click MAX and Stake
Confirm transaction on Near wallet

Now it is time to earn some yields!

Disclaimer

Ref Finance does not endorse or promote any of the projects, platforms or cryptocurrencies mentioned in this blogpost. Any descriptions of functionality and services provided are for information only. Ref Finance is not responsible for any loss of funds or other damages caused as a result of using the projects, platforms or cryptocurrencies described above.

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