Jan 17, 2021

5 min read

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

Click the “Buy AC” button next to “connected address” to obtain AC token from Uniswap

Go back to https://app.acbtc.fi/savings, and enter the Details Page by clicking on the three dots located on the far right of the strategy

Click the logo or “Save UNI-ETH-AC” to access the LP pool directly on Uniswap (You also can access via this link >> https://app.uniswap.org/#/add/0x9a0aba393aac4dfbff4333b06c407458002c6183/ETH)

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

If your wallet doesn’t display automatically, you can add the token by submitting the contract address 0x6660551884b1ccc968662d72c2e6897a1ca4bfac

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)

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

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

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