DeFi with TokenPocket | How to use Dmd.finance with TokenPocket
EFi is committed to promoting and integrating the development of the entire EOS ecosystem, including DeFi and Dapps. EFi will lead EOS to a whole new level.
In this article, TokenPocket is going to show you how to convenient use Dmd.finance, including mining, Vault, and Vote, with TokenPocket.
Disclaimer: DMD Vault is still in Beta and it has already reached its Beta pool maximum. You can only explore DMD Vault when the official version launches. Please do your own research.
How to provide mine rewards on Dmd.finance with TokenPocket
- Login to TP Wallet and switch to EOS as the underlying asset. Go to [Discover] and select Dmd.Finance or search it in the search box.
2. Provide liquidity to Mine rewards in DMD. Tap on [Mine] and scroll down to find the liquidity pool you want to provide liquidity to. Here we are gonna use DMD/EOS LP as an example. Tap on [Manage].
3. If you don’t have DMD, please go to [Swap] and swap EOS for DMD with the exchange rate shown below. Don’t proceed if you are not happy with the rate. Tap on [Swap] and approve the transaction.
After getting DMD, please go to [Pool] and provide the liquidity of equal value of DMD and EOS to the DMD/EOS LP. Tap on [Deposit] and confirm the transaction.
How to use DMD Vault on Dmd.finance with TokenPocket
- Login to TP Wallet and switch to EOS as the underlying asset. Go to [Discover] and select Dmd.Finance or search it in the search box.
2. Tap on [Vault] -[Select]- [Enter the amount of EOS you want to deposit]-[Deposit]. Approve the transaction and you will see the dToken you get.
3. You can return the dToken and get your EOS back by tapping on [Withdraw]. You will be able to get your EOS back anytime as long as if there is sufficient balance in the withdrawal pool. And a 0.1% anti-whale transaction fee will be charged for each withdrawal.
During the Beta testing, the withdrawal takes 4 days.
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