NUTS Finance
Published in

NUTS Finance

UNI-ETH-AC Strategy Guide

*Please ensure you have sufficient ETH in your wallet to pay for gas before you start.*

Part I: How to create a Smart Account on acBTC

  • Enter acBTC dApp — https://app.acbtc.fi
  • Click the “Connect” button in the upper right corner to connect your Ethereum wallet
  • In the Dashboard, click the “Create” button in the Overview module to create a Smart Account. Read the statement and click “Create Your Account” (Please pay attention that it needs to wait for a while for confirmation)
  • Sign the transaction and wait for confirmation. Once confirmed, you will see a Smart Account wallet address

Part II: How to buy AC Token

  • Click the “Buy AC” button next to “connected address” to obtain AC token from Uniswap
  • Select “I understand” and click “Continue”
  • Swap AC with ETH, USDT or any other tokens that you have in your wallet

Part III: How to get UNI-ETH-AC LP Token

  • Click the “Approve AC” button on the “Add Liquidity” page of Uniswap
  • Once approved, you can enter the amount and click the “Supply” button
  • Click “Confirm Supply” and wait for confirmation. Once confirmed, an equivalent amount of AC/ETH LP tokens will be deposited to your wallet (e.g. MetaMask)

Supplemental Information

Part IV: How to deposit UNI-ETH-AC to Smart Account

  • In the Dashboard, click the “Deposit” button in the Overview module to deposit your WBTC or renBTC (You also can use the QR code or smart account address to receive the deposit)
  • Select “UNI-ETH-AC” as the token type
  • Enter the amount and click the “Deposit” button. Wait for transaction confirmation.

Supplemental Information

  • UNI-ETH-AC is the AC/ETH LP tokens you got from Uniswap
  • “Depositor’s Balance” displays the amount of UNI-ETH-AC in your Ethereum wallet (e.g. MetaMask)

Part V: How to transfer your UNI-ETH-AC tokens to Savings strategy

  • Click “Savings” and select the “UNI-ETH-AC” strategy
  • Click the “Approve” button to approve the transfer of tokens from your Smart Account to the savings strategies (If you have approved any strategies before, you can skip to the next step)
  • Enter the amount and click the “Save” button
  • Alternatively, you can also earn in the Details Page by clicking on the three dots located on the far right of the strategy

Supplemental Information

  • Auto Savings enables the idle assets in your Smart Account to be automatically put to use by staking in various yield generating strategies

Part VI: How to claim AC rewards

  • Click “Savings” and select the “UNI-ETH-AC” strategy
  • Goto the Details Page by clicking on the three dots located on the far right of the strategy
  • Click the “Claim Rewards” button on the “AC Ready for Claim” section. AC rewards will be automatically deposited to your Smart Account

Supplemental Information

  • “AC Ready for Claim” represents the amount of AC rewards that haven’t been claimed
  • “Saved Value” represents the total value and the total amount of UNI-ETH-AC saved by all users
  • “APY” represents the APY of UNI-ETH-AC strategy
  • “UNI-ETH-AC Saved” represents the amount of UNI-ETH-AC you have transferred to the Savings strategy
  • “AC earned” represents the sum of AC claimed, AC ready for claim and AC Boosters granted that you have earned
  • The vesting period is 50 weeks in phase 1 which means 1/50 of the AC Booster Granted will be automatically deposited into your Smart Account at the start of each week
  • The Granted amount = the Vested amount + the Unvested amount

Part VII: How to remove UNI-ETH-AC from Savings strategy

  • Click “Savings” and select the “UNI-ETH-AC” strategy
  • In the claim section, enter the amount and click the “Claim” button
  • Alternatively, you can also claim in the Details Page by clicking on the three dots located on the far right of the strategy
  • Claimed UNI-ETH-AC tokens will be automatically deposited to your Smart Account
  • If you wish to withdraw the balance from your Smart Account, you can click the “Withdraw” button in the Overview module located on the Dashboard page

Supplemental Information

  • The balance above the “Claim” button represents the available amount that you can claim

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

💬 Join Us on our Journey!

Twitter: @ACoconutDAO

Discord: https://discord.gg/mvANFYe

Telegram: t.me/acbtc_community

--

--

To simplify creating decentralized financial applications

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store