UI Guide (Tutorial)
The following section displays the step-by-step process for depositing in and withdrawing from Amphor v.1 vaults.
Last updated
The following section displays the step-by-step process for depositing in and withdrawing from Amphor v.1 vaults.
Last updated
Step 1. Go to https://app.amphor.io/ and click on the top right corner to connect your wallet.
Step 2. Select your preferred option from a list of available wallets.
If you do not own a wallet, you can create one by clicking the “Get a Wallet” button.
Step 3: Select “Earn” to view all available Amphor Vaults.
Step 4: Choose a Vault that you wish to deposit in.
Step 5. Make sure you are on the Deposit module.
Step 6. Choose an asset you want to deposit.
The Zapper function enables users to deposit from a pre-selected list of assets and automatically converts deposits to the Vault's underlying asset (in this particular example, wETH). Zapper removes the need for users to swap to wETH themselves on Decentralized Exchanges (DEX) or DEX aggregators.
Step 7: Set “Slippage” tolerance for the transaction.
When depositing with a non-wETH option, users can modify the zapper's slippage tolerance, determining how big of a price impact they are willing to accept for the transaction to be executed.
Step 8: Toggle “Permit” function to simplify the deposit.
By toggling the "Permit" functionality, users effectively bundle the 'Approve' and 'Deposit' functions into a single transaction, making the deposit process faster and saving gas fees.
Step 9: Enter a deposit amount and select “Request deposit”.
User deposits to the Boosted ETH Vault will start earning Sherds from the moment of deposit. The Bounding contract will automatically settle the deposit, which usually can take from 2 to 5 days. After the bounding period, the deposit is deployed, earning yield and points. You can then claim your transferable LP token from the My Dashboard page and track your performance.
Step 10. Approve “Request deposit” in your wallet.
Once Confirmed, a notification on the UI will appear: “Deposit is being processed.,” and will change to "Congratulations! You have successfully deposited." after execution.
The deposit status will change to 'Bounding' until the vault settles and processes all pending deposits.
While the deposit is pending, it may be canceled on the top right corner of the 'My Dashboard' page.
Step 11. Claim your LP tokens.
Go to the 'My Dashboard' page and click on the 'Claim' button in the top right corner.
Confirm the claim transaction request in your wallet.
Step 12. Track your performance on the 'My Dashboard' page.
