Channels Mining Guides - Huobi Wallet
Channels Mining Guides - Huobi Wallet
Note: You must ensure you understand the risks of liquidity mining, including impermanent loss, APR, APY, and potential liquidation risks if you’re using loans.
1.HECO Wallet
desktop:
Download MetaMask wallet and setting HECO wallet, guide:
Please make sure wallet has HT as gas fee
Channels website: 👉 https://channels.finance/
Connect your wallet
iPhone version:
To participate in Channels mining, you first need to have a Huobi Eco-Chain Wallet and Huobi Eco-Chain assets. Huobi Wallet is an official recommended wallet, directly connected to official nodes, and has better performance on the chain. Those who participate in Channels mining want to participate in Channels. Mining first requires a Huobi Eco-Chain Wallet and Huobi Eco-Chain assets. As the official recommended wallet, Huobi Wallet is directly connected to the official node, and the performance on the chain is better. It is the best choice for participating in Channels mining.
This is the guide for download Huobi Wallet and set HECO network:
https://channelsofficial.gitbook.io/channels-official/modulus/untitled/ru-he-she-zhi-heco-wang-luo
transfer HT in wallet as GAS Fee
In huobi wallet,click「Heco Defi」- 「tool」-「 Channel」
begin mine
2.How to mining
Saving assets:
In「supply market」please choose the asset you would like to save ,this guide wil take HT as example:
Please fill in the amount you would like to save, and click saving
If you want to deposit assets other than HT, you must first click [settle] to approve the agreement to access the selected assets
Click to "Withdraw" under the input box, enter the amounts, and you can withdraw the deposit
Borrow Market
Before borrowing, you need to click "Collateral" to activate the collateral
Select the asset you want to lend under the "Borrowing Market" column. This tutorial uses HUSD as an example:
Enter the amount you want to deposit at the top of the pop-up box, and click [Borrow]
click "Repayment" and fill in the amounts, and you can repay the loan
Tip:If you want to return assets other than HT, you must first click [Enable] to approve the agreement to access the selected assets
Get CAN reward
Click reward in the upper right corner of the page to view the number of CANs that have been obtained
click claim get your reward
simple step-by-step guide to getting started on the Channels platform
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