.@Harbor_Protocol enables market makers & users to capitalize on arbitrage opportunities w/ its StableMint feature ensuring $CMST maintains its peg in secondary markets.
Brace yourself for the upcoming airdrop as well!
Details TBA.
Here's a walktrough🧵on Harbor testnet.
1st get the testnet faucets.
visit the “#request-faucet” channel in our Discord Server and type the command “$testnet <your wallet address>.
To access Harbor Protocol
Go to: testnet.harborprotocol.one
Open the Harbor platform and click “Connect”.
How to deposit IBC Assets in the platform
🧡 Click “Deposit” on the desired asset under the “Assets” tab.
🧡 Enter the amount in the pop-up window.
🧡 Your K3plr wallet will then prompt you to approve the transaction.
To Mint $CMST.
🧡 Click either on “Mint” (left sidebar) or “Take me there” (from the dashboard) to start minting $CMST.
🧡 Select the Vault based on the collateralization ratio, stability fee, and minimum borrowing amount.
🧡 Enter the desired amount in the deposit section to borrow $CMST, adjust the Collateralization ratio & click “Mint”.
YOUR K3PLR WALLET WILL POP UP & ASK YOU TO APPROVE THE TX.
🧡 In the “Edit” section of the “Mint” tab, you can adjust your open positions & can change the functions such as “Deposit”, “Withdraw”, “Draw”, & “Repay”. Also, you can adjust the “Collateralization Ratio”.
🧡 Closing the debt: When you want to repay the full debt, click on the “Close” section in the “Mint” tab and click “Close”.
YOUR K3PLR WALLET WILL POP UP & ASK YOU TO APPROVE THE TX.
Earn interest on $CMST
🧡 Click on “Earn” (from the left sidebar).
a. Enter the desired amount of $CMST.
b. Your K3plr wallet will pop up & ask you to approve the TX.
🧡 In the “Calculator” section of the “Earn” tab, you can estimate the total value of $CMST earned for a specified investment over a time duration given an interest rate.
🧡 When you wish to withdraw the desired $CMST from the available amount:
a. Enter the amount in the “Amount to Withdraw” tab.
b. Click on the “Withdraw” button.
c. Your K3plr wallet will prompt open a window and ask you to approve the transaction.
My Positions
🧡 Navigate to the “My Positions” tab from the side to view “Locker”, “Vaults”, and the history of transactions.
How to participate in Auctions?
🧡 Click on the “Auction” tab from the sidebar to view the list of Auctioned Assets. Click “Place Bid” based on the desired Auctioned quantity you wish to buy.
🧡 A pop-up window will open to ask for bids.
🧡 Enter your bid and acceptable max price and click on “Place Bid”.
Your K3plr wallet will prompt open a window and ask you to approve the transaction.
Governance
🧡 Actively participate in key decision-making of the protocol.
🧡 Navigate to the “More” tab and click on “Govern” under the Governance section.
...AND that's it, good luck.
Read the full details here and the links.
blog.comdex.one/how-to-use-har…
FrauBelz over and out!
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