ACALA MANDALA FESTIVAL SEASON 4 Desktop Guide

Yosua Divers
3 min readNov 1, 2020

--

Since we are on TC5, We are not eligible for part 2
This is called GACHA on part 1 LoL !

Reward pool for part 1 is 2,000 ACA + 2,000 KAR, Winners and Reward will be announce and distribute after the event Ended !

How to be a qualified users ?

So, Here is the Guide!!!

  1. Instal Polkadot-js : https://polkadot.js.org/extension/
    — Create Wallet
    — Save Phrase
  2. Login Polkadot-js
  3. Go to Acala Dapp : https://apps.acala.network/
    — Connect
    — Acc Transaction
  4. Complete Minimum 3 Task
    — Mint renBTC
    — Use DeX(Acala Dapp) to swap tokens
    — Use the Self Service Loan service to collateralize for Acala Dollar (aUSD) on Acala Dapp
    — Use Homa protocol on Acala Dapp to get staking derivative LDOT
    — Use DeX(AcalaDapp) to provide liquidity and transfer LP Tokens to another account

A. Mint renBTC
— Go to Acala Dapp : https://apps.acala.network/
— On Wallet Page, Click CrossChain

— Choose renBTC tab
— Fill 0.2
— Click Next
— Confirm
— Click Get test renBTC form the faucet
— Free renBTC Deposited to Your account
— Congrats mint renBTC task Finished

B. Use DeX(Acala Dapp) to swap tokens
— Go to Acala Dapp : https://apps.acala.network/
— Click Swap tab
— Swap renBTC to aUSD, the amount is up to you
— Swap renBTC to DOT, the amount is up to you
— Congrats, Swap Task Finished

C. Use the Self Service Loan service to collateralize for Acala Dollar (aUSD) on Acala Dapp
— Go to Acala Dapp : https://apps.acala.network/
— Click My Loans
— Click Create
— Pick renBTC,Next
— Fill renBTC, the amount is up to you
— Fill aUSD, the amount is up to you (Note : there is a maximum amount to fill cause it depends on your renBTC Colaterall)
Example :

— Click Next
— Click Confirm
— Done
— Congrats, Self Serviced Loan Task Finished

D. Use Homa protocol on Acala Dapp to get staking derivative LDOT
— Go to Acala Dapp : https://apps.acala.network/
— Click Liquid Dot tab
— Click Advance
— Fill Amount of DOT that you want to stake, the amount is up to you
— Click Stake
— Done, Staking Task Finished !

E. Use DeX(AcalaDapp) to provide liquidity and transfer LP Tokens to another account
— Go to Acala Dapp : https://apps.acala.network/
— Click AMM tab
— Pick DOT or renBTC or XBTC or whatever you want to provide liquidity
— Fill the amount of the token that you want to add liquidity, the amount is up to you
— Click Deposit
— Click Wallet tab
— Scroll down till you found LP section

— Click Transfer (for me is Dot-aUSD)
— Send it to your friend Account or your another account
— Done, Task provide liquidity and transfer LP Tokens to another account Finished

That’s all the guide that i can share to you guys, Goodluck For the GACHA LoL!

My Testnet Address : 5HjjqY4LtE44yK4a63cXvMAinpSVictYBnSb4beUuKPwkYyV

Full information about the Event is here :
https://medium.com/acalanetwork/acala-mandala-festival-season-4-halloween-give-back-d9b073f1fecc

--

--

No responses yet