Direct Deposit (Any Hotkey)

Lock funds by pasting any principal miner's hotkey directly into the "Become an LP" form. Use this method if you already have a specific miner's hotkey or want to lock through a miner that isn't listed on the Principal Miners page.

Make sure you've completed Step 1: Set Up Your Wallet before continuing.


Before You Start

You'll need the SS58 hotkey address of the principal miner you want to lock through. This is a 48-character string starting with 5. You can find hotkeys:


Step-by-Step

1. Connect Your Wallet

  1. Click "Connect Wallet" in the top right corner and select your wallet provider

  2. Make sure you're connected to Base Mainnet network

2. Navigate to "Become an LP"

  1. Click "Become an LP" in the left navigation bar

3. Enter Your Lock Details

  1. Enter the Principal Miner's Hotkey β€” Paste the SS58 address of the principal miner you want to lock through

Paste Hotkey

The system will verify the hotkey is registered on the subnet.

  1. Select a Pool β€” Choose which trading pair you want to provide liquidity for (BTC/USD, ETH/USD, etc.)

Select Pool
  1. Enter Amount β€” Specify how much USDC you want to lock

Enter Amount
  1. Set Lock Duration β€” Choose how many days to lock your funds (minimum 7 days, maximum 365 days). Longer lock periods increase your deposit score and share of ALPHA rewards.

Enter Lock Days

4. Execute the Transaction

  1. Request Signature & Continue β€” Click the button to proceed

Continue
  1. Approve USDC β€” First, approve the vault contract to spend your USDC. Confirm in your wallet (requires a small gas fee in ETH).

Approve USDC
  1. Lock Position β€” After approval, confirm the second transaction to lock your USDC in the vault.

Lock Position

5. Verify Your Position

  1. Wait for confirmation β€” It may take 30 seconds to 5 minutes for the position to be processed by the verifier.

Wait for Confirmation
  1. View your position β€” Navigate to "My Positions" in the sidebar to see your active lock.

My Positions

You'll see:

  • Pool ID and trading pair

  • Principal miner hotkey

  • Lock status

  • Initially locked amount and total committed

  • Lock expiration date

  • Options to Extend or Top Up your position


Next Steps

Once your funds are locked, continue with the main guide:

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