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  1. Glue AlphaNet
  2. Welcome to Glue AlphaNet
  3. AlphaNet User Guide

Earn

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Last updated 4 months ago

This is where you can explore DeFi and validating opportunities. As simple as that. DeFi and taking part in the validation of the network does not need to be complicated.

There are two main features:

  • Deposit: Explore DeFi lending opportunities within the Glue ecosystem.

  • Validating: Explore validating opportunities within the Glue ecosystem.

Supplying and withdrawing liquidity into DeFi and managing positions does not need to be difficult.

'Deposit' will show you the assets you can deposit and the expected APY (annual percentage yield) alongside the total deposits made for that asset.

Supply

Let's supply some Bitcoin.

  1. Click on 'Manage' on the right hand side of the asset. You will be prompted with a pop up. Decide the amount of Bitcoin to supply. Then click on 'Approve Deposit (1/2)'.

  1. MetaMask will prompt you with a spending cap request.

After clicking 'Next', you will be prompted for approval. Click 'Approve'.

  1. Now, click on 'Deposit (2/2)' and then confirm the transaction in MetaMask.

And that's it. You have now successfully supplied Bitcoin in DeFi.

You can now see your position.

Withdraw

For withdrawing from the position, click on 'Manage' and select 'Withdraw' in the pop up. Decide how much you would like to withdraw from the position and then click 'Withdraw'.

MetMask will prompt you to confirm the transaction. Click 'Confirm'.

And that's it for withdraws.

Become a validator to secure the Glue network, validate transactions, and earn rewards for your contributions. Validators play a critical role in maintaining the integrity and efficiency of the Glue ecosystem.

On the left hand side navigation bar, go to 'Validating' under 'Earn'.

Click on 'Contribute GLUE'. You will be prompted with a pop up to select a wallet. If you have added multiple wallets, you can select the desired one from the list.

Once the desired wallet is selected, you can decide on the 'No Lockup' or 'Locked (Boosted Yield)' options. For the AlphaNet, currently only the 'No Lockup' option is available. Click on 'Confirm Lockup'.

Decide on the amount of GLUE tokens and click on 'Confirm Amount'.

Due to Glue's blockchain architecture, you are required to first prepare GLUE before it is able to be contributed. It's very easy to do so. Just click on 'Step 1/2 - Prepare 20.00 Glue'. In this guide, the pop up shows 20.00 GLUE as that is the amount decided in the last step.

MetaMask will now prompt you to confirm the transaction. Click 'Confirm'.

Now, click on 'Step 2/2 - Confirm Contribution'.

Confirm the transaction in MetaMask by clicking on 'Confirm'.

Contribution is now confirmed. Click 'Done'.

You can now view your position.

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