H2O Finance
  • 💧H2O Finance
  • Risk Statement
  • Guides
    • How to Participate
    • Step-by-Step Guide
      • Bank-Deposit
      • Bank-Withdraw
      • Stake-Staking Pools
      • Farm-Open Position
      • Farm-Add Collateral
      • Farm-Close Position
      • Claim Rewards
      • Add Custom Tokens to Your MetaMask
    • Glossary and Formula
      • Bank
      • Leveraged Yield Farming
      • Margin Trading
    • Bank and hTokens Info
    • Global Parameters
    • Security Measures
  • LEVERAGED FARMING
    • Leveraged Farming Overview
    • Strategies for Leveraged Yield Farming
    • Liquidation Rules of Leveraged Yield Farming
  • TOKENOMICS
    • H2O Info
    • Farming Pool Release Program
    • Proof of Burn
    • Revenue is released linearly
  • RESOURCES
    • Contract Info
    • Audit Report
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  2. Step-by-Step Guide

Bank-Deposit

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Last updated 3 years ago

H2O Finance allows you to earn income on your base assets by depositing them into our vaults, these assets are then offered to yield farmers for leveraging up their positions.

To deposit your assets into our vaults, follow the steps below

  • Go to H2O Finance's Vault page ()

  • Connect to your Web3 wallet (such as MetaMask) and make sure your network is set to Binance Smart Chain. Click if you do not have the network in your wallet yet.

  • Select the desired deposit pool; we currently support five base assets - H2O, BNB, BUSD, USDT, BTCB, ETH, MDX, CAKE, LINK, XVS, DOT, UNI, LTC, FIL, and ADA.

  • Click "Deposit"

  • Specify the amount you want to deposit

  • Click "Confirm"

  • After clicking "Confirm", you should get a pop-up notification in your MetaMask to accept the transaction

  • Wait for the transaction to be processed

  • Once the transaction has gone through, you should receive hBNB if you deposited BNB, or hBUSD if you deposited BUSD. You can then stake them in staking pools.

  • Check next article to know more about how to stake hTokens.

https://www.h2ofinance.pro
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