Tutorial on Bella Flex Savings v2
We have put together a tutorial for beginners who want to participate in the Bella Flex Savings v2 and start the journey as a yield farmer. To begin, you will need to connect your wallet (Metamask, WalletConnect, imToken, Mathwallet, BitKeep, etc.)
Click here to access the Flex Savings v2 contract addresses
How to Deposit and Stake on Flex Savings v2 Page:
- In the “Flex Savings” tab, simply deposit supported crypto assets and you will receive interest-bearing bToken
- In the Farm tab, stake bToken and choose reward booster (see below)
- Start earning basic yield reward & $BEL* (for specific assets)
The first batch of token pool supported (with more to come soon):
- USDT
- USDC
- ARPA
How to Deposit in Flex Savings v2:
- Choose the asset you wish to deposit and click on “deposit”
2. Take ARPA for example, click “Approve” to allow the website to spend your ARPA in your connected wallet
3. Confirm in your wallet
4. Input the intended amount and click “Deposit”
5. Confirm the transaction in your wallet
bARPA balance is now shown (the bARPA number and the actual ARPA number you deposited is not 1:1)
How to Withdraw in Flex Savings v2
- Click the “Withdraw” tab, input the intended amount and click “Withdraw”
2. Confirm the transaction in your wallet
Now the bARPA balance goes back to zero
How to Farm $BEL in Flex Savings v2:
- Click the “Farm” tab and choose the asset you want to stake
2. Take USDT for example. Click “Approve” to allow the website to spend your bUSDT
3. Confirm in your wallet
4. Click the “+” to stake
5. Input the intended amount, select “BEL Vesting Days and APY Boost” and click “Deposit”
6. Confirm the transaction in your wallet
7. The bUSDT staked is now shown
How to Withdraw Staking on Flex Savings v2:
- To withdraw, click the “Unstake” tab
2. Input the intended withdrawal amount and which part of bUSDT staked you want to unstake (instant/7 days/15 days/ 30 days) and click “unstake”
3. Confirm the transaction in your wallet
Now the staked number will decrease to a very small number, but not likely zero since the BEL reward is calculating
Note: If you unstake all bUSDT with “BEL Earned” unclaimed, the number of “BEL Earned” will go back to zero. Please make sure “BEL Earned” is claimed before unstaking all the bUSDT.
Disclaimer
Please note that this product should be used at your own risk. Utmost good faith has been used in constructing this product and the team will continue to update the code, implement safety measures, and partner with the best security teams in the industry to ensure fund safety.
About Bella
Bella is a suite of open finance products including automated yield farming tools, lending protocol, 1-click savings account, customized Robo-advisor, and more. We believe everyone deserves equal access to premium financial products and services with elegant design and a smooth user experience.
Bella Protocol was backed by Binance Labs and Arrington Capital as lead investors. Other investors include Alphabit, AlphaCoin Fund, Koi Ventures, Ledger Captial, Tensor, N7 labs, Quest Captical, HBTC Labs, and more.
Bella brings your familiar mobile banking into crypto with just one click. With Bella, you can just simply sit back, watch your asset grow, and leave all the heavy-lifting to secure, automated smart contracts.
Bella’s core team consists of serial entrepreneurs and blockchain veterans who have tremendous experience and a proven track record in finance, cryptography, blockchain, and engineering.
For more information about Bella, or to join our team, please contact us at contact@bella.fi
Learn about Bella’s recent official news：
Medium: https://medium.com/@Bellaofficial
Twitter: @BellaProtocol
Telegram: https://t.me/bellaprotocol
Discord: https://discord.gg/JamMH5P
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