ForTube Guide
Last updated
Last updated
Reminder: Operations require transaction BNB as gas fee. Please prepare BNB as fees in advance to avoid transaction failures.
Click "+" on the Asset page
Search ONT(BEP_20)
Click "+" to add it on the Asset page
ONTO & ForTube event need to use the ONT (BEP_20) on the Binance Smart Chain, which can be obtained in the following three ways;
1) If you have BSC assets, you can swap ONT through DEX such as ApeSwap/Wault Finance to participate in the event
2) users can select the BEP_20 withdrawal network through Binance Exchange, and send ONT (BEP_20) to the corresponding receiving address in ONTO.
3) If you have ONT on the Ontology, the Binance Bridge can be used in ONTO to cross-chain the ONT on the Ontology to the Binance Smart Chain.
Video tutorial link: https://youtu.be/uWUVQU00Yu0
Click on the "Discover" Page
Search ForTube(BSC)
Click "Confirm" in the disclaimer pop-up window to enter the dApp
Click "LANUCH APP"
Click "Connect", and then complete the signature
Click on the search bar, enter "ONT"
In Asset Information, you can view the detailed maximum LTV and liquidation threshold of ONT
Enter the amount of assets to be deposited, click "Approve", and then enter the password to complete the authorization (only required for the first time)
Click "Deposit"-"Confirm Deposit" and enter the password to complete. After completion, you can view the updated details in "My Account"
1) If you need to redeem assets, click "Withdraw" and enter the amount, then enter the password to redeem assets and earnings at the same time
2) If you need to view the earnings, click "Dashboard" and check the "Accumulated earnings"
Before borrowing assets, other assets must be deposited as collateral, and the amount of assets that can be borrowed depends on the amount of assets deposited and the maximum LTV (Due to the price fluctuations between the collateral assets and the borrowed assets will trigger liquidation , So it is recommended to deposit stablecoins as collateral)
After depositing assets, search for ONT to enter
Click "Withdraw" and enter the amount of assets to be borrowed
Click "Withdraw"-"Confirm Withdraw", enter the password to borrow the asset
If you need to repay the loaned assets and the interest, click "Deposit"
Click "Repay All" or fill in the required repayment amount, then click "Deposit"
Click "Confirm Deposit" and enter the password to repay the assets
1) If the user deposits the loaned assets and the deposited amount is greater than the loaned amount, the system will automatically repay the debt first and deposit the remaining part.
2) If you need to view the interest, click "Dashboard" and check the "Accumulated Interest"
