acBTC Strategy Staking Guide (fka. HODLER Liquidity Mining Guide)

Define DeFi
NUTS Finance
Published in
4 min readNov 8, 2020

**Update as of 12/12/2020

The HODLER Pool has been renamed to acBTC Strategy as of the start of Week 11. Please note that any context related to the HODLER Pool throughout this article is referring to the acBTC Strategy.

  • Please ensure you have enough ETH in the wallet for the gas fee.

1. Enter AC Rewards Portal — https://app.acbtc.fi/

2. Click the “Connect” button in the upper right corner to connect the Web 3.0 wallet (e.g. MetaMask). After connecting, click the “Create” button to activate a Smart Account. Read the disclaimer and click the “Create Your Account” button. (Please pay attention that we need to wait for a while to confirm, so Do Not click again).

3. When the Smart Account has been created successfully, you will see a corresponding wallet address for the Smart Account.

4. Click “Deposit” to deposit WBTC or renBTC. Also can deposit to the smart account directly via QR Code.

5. Select the token type of “WBTC” or “renBTC”. Depositor’s Balance displays the amount of WBTC or renBTC in your Ethereum wallet (e.g. MetaMask).

Enter the amount and click “Deposit”, then wait for tx confirmation. You will see the deposited amount in the Smart Account Balance once the deposit has been confirmed.

6. Click the “Mint” button to mint acBTC. Select the asset type to mint acBTC with (ie. WBTC or renBTC) and enter the amount, click the “Mint” button below. Wait for confirmation.

- Current Balance represents the amount of acBTC in your Smart Account;

- Mint Amount represents the amount of acBTC to be minted;

- Mint Fee represents the cost for mint function. Currently, the mint fee is set to 0;

- New Balance represents the total amount of acBTC in your Smart Account after the mint transaction.

7. We can see the transaction history on the right-hand side after you have minted successfully. Alternatively, you can view the acBTC balance on the Dashboard.

8. Click the “Rewards” and “Select” button of the HODLER pool.

9. Click the “Stake” button and enter the amount of acBTC you wish to stake. Click “Confirm”.

- acBTC Available represents the amount of acBTC available in your Smart Account.

- acBTC Staked represents the amount of staked.

- AC Ready for Claim represents any unclaimed AC rewards.

10. To claim AC rewards, click the “Claim” button, the AC rewards will be automatically deposited into your Smart Account.

If you wish to unstake acBTC, click the “Unstake” button.

Liquidity Mining Resources

  1. Straddle Pool Mining Guide
  2. HODLER Pool Mining Guide

Still have questions? Join our Discord channel for live updates!

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