DEA and Wault Finance make a partnership! Enjoy the incentive program in BSC!

Published in

PlayMining

7 min readJul 29, 2021

・ Explaining the details of the partnership with Wault Finance and the contents of the campaign

In this article, I will explain the detail of the partnership with Wault Finance and how to get incentives from Wault Finance.

Overview:

I. Who is Wault Finance?

II. What is Binance Smart Chain?

III. How can I connect BSC in my Metamask?

IV. How can I bridge DEP from Ethereum mainnet to BSC?

V. How can I get liquidity provider’s incentives from Wault Finance?

VI. The background of launching and advance notice of pre-sales of our NFTs in BSC

VII. Let’s provide liquidity and earn DEP!

VIII. Important notes

IX. Our partners

I. Who is Wault Finance?

Wault Finance is one of the growing Binance Smart Chain (BSC) based decentralized exchange (DEX) providing four products, WaultSwap (AMM), Wault Launchpad (new project presales), Wault Locker (liquidity locks for new or established projects), and Wault Farms (staking and farming). Wault Finance aims to connect all of the primary DeFi use-cases within one simple ecosystem, on the Binance Smart Chain. In short, an all-in-one DeFi Platform. Wault Finance believes that the benefits of DeFi should be accessible to the masses but securely and intuitively; avoiding the expensive fees, confusing interfaces, and centralized decision-making, of many current platforms.

We are really happy to announce that DEP is listed on Wault Finance and also to hold a campaign for liquidity provider’s incentive program collaborated with Wault Finance!

II. What is Binance Smart Chain?

Binance Smart Chain (BSC) is best described as a blockchain developed by Binance, the largest crypto exchange in the world.

In essence, both blockchains operate side-by-side. It’s worth noting that BSC is not a so-called layer2 or off-chain scalability solution. It is an independent blockchain.

Because BSC is EVM-compatible, it launched with support for the rich universe of Ethereum tools and DApps. In theory, this makes it easy for developers to port their projects over from Ethereum. For users, it means that applications like MetaMask can be easily configured to work with BSC. Seriously — it’s just a matter of tweaking a couple of settings.

III. How can I connect BSC in my Metamask?

There are few steps that should be taken to connect BSC via MetaMask.

・First, switch the connected blockchain by clicking on the tab saying Main Ethereum Network so that you can add the BSC

・Second, scroll down to find Custom RPC

・Finally, enter the BSC mainnet details as follows

Network Name： BSC Mainnet

New RPC URL：https://bsc-dataseed.binance.org/

Chain ID：56

Currency Symbol： BNB

Block Explorer URL：https://bscscan.com/

After your connection finish, you can switch the network from Ethereum mainnet to BSC. Please use BSC when you access Wault Finance.

IV. How can I bridge DEP from Ethereum mainnet to BSC?

First, please visit multichain xyz. If you have DEP in your MetaMask or other trust wallets, you will be able to see the images below. When you press the “Transfer” button, your bridging procedure will be completed in few minutes. One thing to note is that when you transfer the DEP from Ethereum mainnet to BSC, you will have to pay for gas fees as this is an open-source blockchain service.

After the bridge has been completed, you can find BEP-20 DEP on your MetaMask or any other supported wallet services. Please note that you will have to change your network from Ethereum mainnet to BSC to view your BEP-20 DEP tokens.

In addition, when you visit Anyswap official site on the BSC network, you can also find DEP on BSC with BEP-20.

After completing the bridge to BSC, your BEP-20 DEP will be available on BSC. That’s why DEA and Anyswap made a strategic partnership.

For more details, please see How to bridge DEP from Ethereum Mainnet to Binance Smart Chain

V. How can I get liquidity provider’s incentives from Wault Finance?

Once you have connected to BSC and get ready to provide liquidity in Wault Finance, you might have BNB and BEP-20 DEP into your MetaMask, now is the time to provide liquidity!

To provide liquidity, you will have to prepare BNB and DEP(BEP-20) in your wallet. Access Wault Finance and press the “Swap” tab. When you press the Swap tab and press the “Add Liquidity” button, you will see the screen below.

Next, please go to “Select a currency” and choose DEP. If you cannot find DEP, please fill in the contract code of DEP shown below. For more detailed information regarding DEP please visit CoinMarketCap or Coingecko.

Contactcode: 0xcaf5191fc480f43e4df80106c7695eca56e48b18

Entering the contract code, you will see the screen below. Press “Add” and enter the amount. After this step, you are the right liquidity provider of Wault Finance!

After providing the liquidity of DEP/BNB pair, please access Farm page. You might see the scree below. Press “APPROVE” of “Your LP Balance” and stake your LP token.Of course your asset is your under control, therefore you can remove your liquidity by pressing “UNSTAKE” button of “LP Staked” field.

By staking your LP token, you can get WEX token, a governance token of Wault Finance. You can claim WEX token by pressing “CLAIM” in the “WEX Earned” field.

Furthermore, there are good use-cases in WEX token. You can earn DEP by staking the WEX token in the Pool. The screen below shows the capture of Pool. Please approve WEX then stake WEX. Then you can claim DEP whenever you want.

That is to say, you can earn WEX and DEP by providing BNB/DEP liquidity in Wault Finance! Don’t miss this big chance!

If you want to know more details regarding liquidity, please see the linl below.

DexGuru - DeFi Trading Terminal

Guru️ knows a thing or two about what is going on at AMM DEXs

dex.guru

More details, please also check here.

VI. The background of launching and advance notice of pre-sales of our NFTs in BSC

We decided to launch our product not only Ethereum mainnet but also BSC and our smart contract of NFTs has already been deployed on BSC. BSC has a lot of users who are friendly with NFTs and growing rapidly not only for NFT projects but also DeFi projects. Based on those backgrounds, the strategy of BSC and DEA match. DEA focuses on NFT & DeFi ecosystem and developing and improving the services to contribute to the growth of the NFT & DeFi ecosystem.

We are planning to conduct a pre-sales campaign for our NFTs (BEP-721) in this Autumn or Winter created by Japanese famous manga and anime artists. In Ethereum net, there are more than 70 famous Japanese and overseas manga and anime artists joining in our services. The list of artists can be found in our NFT Marketplace by DEP (ERC-721).

The name of artists joining the pre-sales campaign will be disclosed soon so looking forward to it!

The image below shows some excerpts of the artists currently joining our platform. You can purchase those NFTs (ERC-721) by creating DEP wallet here.

Furthermore, we are developing our systems so that BEP-721 NFTs can be used in our games. This might be realized in Winter 2021 to early 2022.

For more details, we will show you the roadmap of our products soon in Medium.

VII. Let’s provide liquidity or play the game to earn DEP!

Time is running out, you can join the liquidity provider’s incentive program immediately by acquiring DEP from the following exchanges. Furthermore, you can sign up for a PlayMining DEP wallet here to earn DEP by enjoying our gaming content!

VIII. Important notes

Do not send BEP20 DEP to DEA wallet as DEA wallet uses Ethereum network. We cannot recover the wrong transaction. Before you send DEP to DEA wallet, please carefully confirm whether the DEP you are going to send is ERC20 DEP.