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Bridging HBD To pHBD, Swapping pHBD To USDC and Earning Over 70% APR on pHBD-USDC

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First of all, I will like to commend the UI of this bridge. I think it’s really cool, and made swapping really cool to view. Well, let’s go down to business, it’s finally here, the good news is here, pHBD-USDC is here.

Well this method was quite different from the rest, which was a little bit confusing for me. What you have to do is go to this site https://wleo.io/hbd/

Input your polygon Metamask/Trustwallet address, then input the amount of HBD you want to add. Well, I didn’t have USDC, so I figured that I send enough HBD to bridge to pHBD so I convert some of the pHBD to USDC. Since the pool is pHBD-USDC, you will be needing USDC, so converting some pHBD to USDC is the only way I got.

Bridging HBD To pHBD

While trying to bridge, I used Hive keychain and I kept on getting an error message. But when I used my mobile browser it kept on displaying the image below:

Just as the instructions says, transfer some HBD to p-HBD and use your polygon Metamask address as the memo just like this:

After confirming and sending the transaction, it will be on your polygon Metamask/Trustwallet account. You can’t see it on your wallet so all you have to do is add the custom token using the contract address.

Go to Custom Token on your wallet and add the pHBD contract address on the contract address section

pHBD contract Address:
0x6d969cea201e427d2875724fd4e8044833fbc7f4

Now you have pHBD showing on your wallet.

The next goal is to get some USDC, and what way to do that than use sushi swap or Paraswap to convert your pHBD to USDC.

Swapping Your pHBD to USDC

Connect your wallet to the paraswap platform, change the network to polygon or Matic and you are good to go.

To swap your pHBD to USDC click on the Matic section, input the pHBD smart contract and import pHBD.

Unlock pHBD and Swap to complete your transaction.

Now I have both pHBD and USDC, cool right? Look at how easy to do this, you can easily swap pHBD with any coin at ease. Thanks to the Leofinance team and for all their hard works.

Adding liquidity to the pHBD-USDC Liquidity Pool

This is the big event right here, this is where you need to add pHBD and USDC as a liquidity pair then as liquidity pool. All you need to do is go to polycub, connect your wallet and go the Farms section.

Click on the pHBD-USDC liquidity pair pool, get the pHBD-USDC pair through Sushi Swap and stake the LP to earn.

Posted Using LeoFinance Beta