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B-Atom on Anchor..... Step by Step Guide.... πŸ”₯ How to get Batom on Terra πŸ”₯ LOW FEES EDITION

1.3K views
β€’
April 16, 2022
by
Drake on Digital
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B-Atom on Anchor..... Step by Step Guide.... πŸ”₯ How to get Batom on Terra πŸ”₯ LOW FEES EDITION

TL;DR

Learn how to convert staked ATOM to liquid b-ATOM using p-STAKING Finance on Anchor Protocol with troubleshooting tips.

Transcript

what's up guys welcome back to the channel thanks for tuning in today in this video guys i'm going to show you guys how to use p-state finance and turn your atom to liquid staked atom to b-atom which you can use over on anchor protocol we're going to show you guys all that we're going to show you a couple tips tricks and if you get stuck it will al... Read More

Key Insights

  • 🎟️ Troubleshooting missing tokens through MetaMask account switch.
  • ❓ Converting ATOM to staked ATOM by connecting Kepler wallet.
  • ❓ Redeeming staked tokens on Terra network through Portal Bridge.
  • ℹ️ Obtaining contract address for source transaction retrieval.
  • 🀒 Converting staked ATOM to liquid b-ATOM for flexible use.
  • βš›οΈ Benefits of liquid staking with b-ATOM on Anchor Protocol.
  • ❓ Retrieving approval transactions for further actions.

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Questions & Answers

Q: How do you troubleshoot missing tokens on p-STAKING Finance?

To troubleshoot missing tokens, switch accounts in MetaMask, ensure wallet connection, and check for staked ATOM after depositing and staking.

Q: What is the process for converting staked ATOM to liquid b-ATOM on Anchor Protocol?

The process involves transferring staked ATOM to Terra network, redeeming on Portal Bridge with contract address, and converting to b-ATOM through a transaction.

Q: How can users retrieve approval transactions on p-STAKING Finance?

Users can find approval transactions by checking the contract address on the block explorer or MetaMask to retrieve the transaction hash for further actions.

Q: What are the benefits of liquid staking with b-ATOM on Anchor Protocol?

Liquid staking with b-ATOM allows users to borrow against assets, earn UST rewards, and claim accumulated rewards in the b-asset field.

Summary & Key Takeaways

  • Guide on using p-STAKING Finance to convert ATOM to liquid staked b-ATOM for Anchor Protocol.

  • Troubleshooting tips for issues like missing tokens, connecting wallets, and approval transactions.

  • Steps include converting ATOM to staked ATOM, transferring to Terra network, redeeming on Portal Bridge, and converting to b-ATOM.


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