🛠️Getting set up
How to invest the decentralized automated strategies?
Step1: Creating your wallet
Creating an Ethereum Wallet using MetaMask
To create an Ethereum wallet using MetaMask, follow these steps:
Install MetaMask: Visit the MetaMask website at metamask.io and install the MetaMask extension compatible with your web browser.
Set up a Wallet: Launch MetaMask after installation and click on the "Create a Wallet" option.
Choose a Strong Password: Set a secure password for your wallet and confirm it.
Backup Phrase: MetaMask will generate a secret backup phrase consisting of 12 words. Write down this phrase and keep it in a safe place.
Confirm Backup Phrase: Verify your backup phrase by selecting the words in the correct order as prompted by MetaMask.
Wallet Creation Complete: Once you've confirmed the backup phrase, your MetaMask wallet will be created. You can now access and manage your Ethereum funds.
Connect to the Ethereum Network: By default, MetaMask connects to the Ethereum Mainnet. You can switch to other Ethereum networks like the Polygon or Optimism by clicking on the network selection dropdown in the MetaMask interface.
Account Address: Your Ethereum wallet address will be displayed in the MetaMask interface. This address serves as your unique identifier on the Ethereum network for sending and receiving ETH and other Ethereum-based tokens.
Remember to keep your MetaMask password secure and never share it with anyone. It is crucial to regularly back up your secret backup phrase and store it in a safe and offline location. With your MetaMask wallet, you can now interact with various Ethereum-based decentralized applications (DApps) and manage your digital assets securely.
Step 2: Depositing funds into your wallet
Funding Your MetaMask Wallet
To fund your MetaMask wallet using either Coinbase or credit cards, follow these simple steps:
Coinbase Funding:
Open a Coinbase account if you don't have one already. Visit coinbase.com and sign up.
Complete the verification process on Coinbase to link your bank account or credit card.
Once your Coinbase account is set up and verified, navigate to the "Buy/Sell" section.
Select the cryptocurrency you want to purchase, such as Ethereum (ETH).
Choose your funding source, either your bank account or credit card.
Enter the desired amount of funds you wish to purchase and confirm the transaction.
Once the transaction is completed, go to your MetaMask wallet.
Credit Card Funding:
Open your MetaMask wallet and navigate to the "Buy" section.
Choose the option to buy cryptocurrency using a credit card.
Follow the instructions provided to enter your credit card details and complete the purchase.
Once the transaction is successful, the purchased cryptocurrency will be added to your MetaMask wallet automatically.
Depositing Funds into Optimism or Polygon:
To deposit funds into Optimism or Polygon (formerly Matic), you have two options:
Using Coinbase:
Open your MetaMask wallet and click on the network selection dropdown.
Choose either Optimism, Polygon, Base or Arbitrum from the available options.
Once connected to the desired network, click on "Deposit" within your MetaMask wallet.
Follow the instructions provided to generate a deposit address.
Copy the deposit address and go to your Coinbase account.
Navigate to the "Send" section and enter the deposit address as the recipient.
Select the token and enter the desired amount for the deposit.
Confirm the transaction and wait for it to be processed.
After the deposit is completed, your funds will be available on the respective network.
Using Bridges:
Open your MetaMask wallet and click on the network selection dropdown.
Choose either "Optimism" or "Polygon" from the available options.
Once connected to the desired network, click on "Bridge" within your MetaMask wallet.
Follow the instructions provided to initiate the bridging process.
Select the token and enter the desired amount you wish to bridge.
Confirm the transaction and wait for the bridging process to be completed.
After the bridge transaction is successful, your funds will be available on the respective network (Optimism or Polygon).
You can access the bridges for each network using the following links:
Optimism Bridge: https://bridge.optimism.io/
Polygon Bridge: https://wallet.matic.network/bridge/
Please note that transaction times and fees may vary depending on the network and method you choose. Always review and verify the details before confirming any transactions.Remember to review and double-check all transaction details before confirming. Be mindful of any associated fees or transaction limits that may apply. By following these simple steps, you can easily fund your MetaMask wallet using Coinbase or credit cards, and deposit funds into Optimism or Polygon networks.
Step 3: Making your first investment
Click on the vault that you want to invest
Once the new window open, click connect wallet and connect your metamask wallet to the site.
Choose the asset that you want to deposit to see if its available. (USDC is recommended)
Write the amount that you want to deposit (you can click max)
Click Approve to approve the asset to be deposited in your wallet.
Confirm the transaction in MetaMask.
Click Deposit to deposit the asset into the vault.
Confirm the transaction in MetaMask.
Welcome to the future of investing.
Step 4: Tracking your investment performance
Click the vault that you deposited from the home page.
You will see the balance there.
If the vault is not in the home page (because it was deprecated or not active anymore) you can go directly to https://app.dhedge.org/ and connect your wallet. You can click on "My deposits" and the vaults should appear there.
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