Get Your Reward with Beethoven X Pool [Step-by-Step Tutorial]
Earn with Beethoven X, a New High-Return DEX of Fantom
The latest statistics on DeFi Llama show that the total value locked (TVL) across Fantom’s DeFi products has reached tens of billions of US dollars, pointing to the incredible momentum of the Fantom ecosystem. In particular, its DeFi sector has been growing at an impressive pace, giving birth to a stream of hit projects including Geist and Solidly, as well as quality followers such as the Balancer fork Beethoven. On the heels of the partnership with SpookySwap, TrueUSD has recently joined hands with a new decentralized trading platform, Beethoven X, in launching an incentive campaign featuring the TUSD-USDC liquidity pool. Built on Balancer V2, Beethoven X is the first next-generation AMM on Fantom.
So how can TUSD holders grab a share from this bonanza? Read on to get on the “highway to wealth” and earn with the decentralized trading platform Beethoven X!
Step 1: Log into Beethoven X
Beethoven X address: https://beets.fi/#/pools
Go to Beethoven’s website and connect to your wallet. Please make sure you have Fantom-based TUSD and USDC in your wallet, along with sufficient FTM to pay the gas fee. You can refer to SpookySwap Tutorial for step-by-step instructions on making cross-chain transactions.
Step 2: Add liquidity to the TUSD-USDC pool
- Choose [Invest/Farm] and find the TUSD-USDC pool.
2. Enter the amount of liquidity you want to add to the pool.
Note that liquidity should be added at a 1:1 ratio. Or else, there will be additional charges.
For instance, adding only 1,000 USDC to the pool will incur an additional charge of 0.03%. The same applies to liquidity added at other ratios. So please make sure you add liquidity at a 1:1 ratio.
3. After entering the amount, you can view the weekly yields you will obtain and then confirm your investment in three steps.
4. After confirmation, your liquidity will be successfully added to the TUSD-USDC pool.
All you need is to wait for the yields and rewards!