A step-by-step guide for liquidity migration
We’re combining “Future Main” and “Options” into “Main” to improve capital efficiency on the BNB Chain.
If you currently provide liquidity in the “Future Main”, you MUST migrate your liquidity to the other pools on Deri Protocol in order to earn DERI rewards as the DERI mining rewards on “Future Main” have ceased.
Q: Want to participate in the initial liquidity mining on Abitrum with your stablecoins (BUSD/USDC) on BNBChain?
Following the step-by-step guide.
Step 1: Withdraw BUSD/USDT from the retired pool “Future Main”.
Step 2: Swap BUSD to USDC on DoDo or Ellipsis. If you hold USDC, jump to step 3, please.
DODO:
Ellipsis:
Step 3: Bridge USDC from BNBChain to Arbitrum at https://app.multichain.org/#/router
3.1 Select bridge USDC from “BNBChain” to “Arbitrum”.
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3.2 Confirm the transactions
3.3 Wait for the transaction confirmation on both BNBChain and Arbitrum.
Step 4: Stake USDC in the “Main” pool on Arbitrum.
About Deri Protocol
Deri, your option, your future!
Deri is the DeFi way to trade derivatives: to hedge, to speculate, to arbitrage, all on chain. With Deri Protocol, trades are executed under AMM paradigm and positions are tokenized as NFTs, highly composable with other DeFi projects. Having provided an on-chain mechanism to exchange risk exposures precisely and capital-efficiently, Deri Protocol has minted one of the most important blocks of the DeFi infrastructure.
