Provide Liquidity (4BELT - BLP) + Vaults
A guide on how to obtain 4BELT - BLP TOKENS on the belt Platform and deposit these assets into autofarm vaults.
For this LP token set, we need 4 stable coins: $DAI, $USDC, $USDT and $BUSD.
1) First make sure you've got these assets ready in your wallet, and if not head over to AutoSwap to get them:
As can be seen in the image above, when swapping $WBNB (this goes for any asset, $WBNB is used as an example) at AutoSwap for the first time, the spending of this asset needs approval after which the swap can take place.
2) Head over to the Vaults section on autofarm, and go to the USDT-USDC-BUSD-DAI LP and use the asset link in the vault:
3) After being redirected to belt.fi, connect your wallet and click on LP Staking in the menu:
4) Open the 4Belt(belt)USDT-(belt)USDC-(belt)BUSD-(belt)DAI Belt LP staking Pool and key in the amount of tokens which you want to provide liquidity with:
If it's your first time interacting with this vault and assets, you need to approve the transaction for each 4 of the assets by clicking the "APPROVE" button highlighted in the image below.
When making this HOW TO, the approval sequence for all 4 assets did not go automatically, we had to click the approve button 4 times.
As can be seen in the image above, the deposit fee for the beltToken vaults is 0.00% ~ 0.11% on belt.fi
5) After approving the vault, the button to approve will disappear and it will be able to add the assets by clicking "Add Liquidity":
6) If the assets are succesfully deposited, they will show as LP tokens here:
7) Now, move back to autofarm and open the belt vault USDT-USDC-BUSD-DAI LP. The balance will show and by clicking the "MAX" button and the "Deposit" button you can deposit your assets:
If it's your first time interacting with a vault on autofarm, after clicking the "Deposit" button, you first have to confirm the approval and afterwards the deposit. This process is automatic and all that has to be done by the user is to confirm twice.
8) After depositing successfully, you should see your USDT-USDC-BUSD-DAI LP tokens reflected under the Deposit section alongside details such as the USD value and the % relative to the total value locked in the vault:
9) If at any point in time you wish to withdraw your USDT-USDC-BUSD-DAI LP tokens from the vault, simply key in the amount and hit the "Withdraw" button.
10) Then, head back to belt.fi and open the 4BLP LP Pool to withdraw your USDT-USDC-BUSD-DAI LP tokens:
As can be seen in the image above, the withdrawal fee for the beltToken vaults is 0.00% ~0.06% on belt.fi
11) Open the Remove Liquidity tab, Click the "COMBINATION MAX" button as highlighted in the screenshot above. After approving, you are able to remove the LP tokens in order to get your 4 assets back.
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