Lynn Brooke40 Acres - Overview
40 Acres introduces a new era of utility for veNFT holders, going beyond voting to unlock liquidity, automation, and passive income. Designed for users of veAERO and veVELO, this protocol enhances the way you interact with your locked assets - allowing you to borrow against them, automate compounding of rewards, and earn through lending. 🔍 What you will find in this article:What you need.Borrowing with veNFTs (without liquidation risk).How auto-compounding works.Earning yield through USDC le...
Lynn BrookeGetting Started with Rabby Wallet Mobile App
After familiarizing yourself with installing and starting the Rabby browser extension and the Rabby Desktop app, it's time to explore the Rabby Wallet's mobile application. Expanding the Rabby Wallet ecosystem to mobile devices enhances accessibility and convenience for managing digital assets on the go. This guide will specifically focus on importing a MetaMask address and adding a watch-only address. Quick Safety Tip for Mobile Wallets: When using mobile wallets, consider keeping ...
Lynn BrookeBridging xVELO to VELO: A Simple Guide
With Velodrome expanding as the Superchain hub, it has introduced xVELO as the token for non-Optimims networks like Ink, Soneium, and Mode. However, if you are looking to convert xVELO into VELO on Optimism, this guide will walk you thorugh two methods to get it done efficiently. 📌 What you will find in this article:How to swap xVELO to VELO using Velodrome’s native swap feature.How to use vFAT Tools as an alternative method.Useful tips for a smooth conversion process.✅ What you need:A walle...
✨Lynn Brooke exploring DeFi's world✨ Here I share simple how-to's from my experiences, easing the way for fellow DeFi explorers
Lynn Brooke40 Acres - Overview
40 Acres introduces a new era of utility for veNFT holders, going beyond voting to unlock liquidity, automation, and passive income. Designed for users of veAERO and veVELO, this protocol enhances the way you interact with your locked assets - allowing you to borrow against them, automate compounding of rewards, and earn through lending. 🔍 What you will find in this article:What you need.Borrowing with veNFTs (without liquidation risk).How auto-compounding works.Earning yield through USDC le...
Lynn BrookeGetting Started with Rabby Wallet Mobile App
After familiarizing yourself with installing and starting the Rabby browser extension and the Rabby Desktop app, it's time to explore the Rabby Wallet's mobile application. Expanding the Rabby Wallet ecosystem to mobile devices enhances accessibility and convenience for managing digital assets on the go. This guide will specifically focus on importing a MetaMask address and adding a watch-only address. Quick Safety Tip for Mobile Wallets: When using mobile wallets, consider keeping ...
Lynn BrookeBridging xVELO to VELO: A Simple Guide
With Velodrome expanding as the Superchain hub, it has introduced xVELO as the token for non-Optimims networks like Ink, Soneium, and Mode. However, if you are looking to convert xVELO into VELO on Optimism, this guide will walk you thorugh two methods to get it done efficiently. 📌 What you will find in this article:How to swap xVELO to VELO using Velodrome’s native swap feature.How to use vFAT Tools as an alternative method.Useful tips for a smooth conversion process.✅ What you need:A walle...
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✨Lynn Brooke exploring DeFi's world✨ Here I share simple how-to's from my experiences, easing the way for fellow DeFi explorers
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Extra Finance simplifies asset transfers between chains with its built-in bridging feature, allowing you to move EXTRA tokens between the Optimism and Base blockchains. This integrated solution saves you from relying on external protocols or applications.
What you will find in this article:
What you need:
Available EXTRA tokens: ensure your EXTRA tokens are not tied up in staking, lending or liquidity provisions within any protocol. If you need to acquire EXTRA tokens, you can use the Swap feature on Velodrome. Learn more about this in the article “Swap on Velodrome”.
Opportunities with Bridging on Extra Finance:
Diversify investments: access unique financial products across chains to diversify your portfolio and enhance returns.
Reinvest rewards: bridge rewards earned from one chain to another to capitalize on higher yielding opportunities or better financial products available on the alternate chain.
Optimize costs: take advantage of lower transaction fees or faster processing time available on different chains to reduce costs and improve transaction efficiency.
Manage Liquidity: move assets to where liquidity conditions are more favorable, allowing for more efficient trading and asset management.
Adjust to market condition: quickly adapt your investment strategy across chains to respond to changing market dynamics or new opportunities, optimizing your investment outcomes.
How to Bridge
1)Navigate to Bridge: access the bridge function from the main page of Extra Finance by selection “Bridge”.
2)Select networks: the default setting will be “Switch from Optimism to Base”. You can change this by clicking “Switch Networks” to reverse the flow from “Base to Optimism”. Select the direction that suits your needs.
3)Input tokens: enter the amount of EXTRA tokens you want to bridge. You can:
Use the “Max” button to transfer all available tokens.
Select a percentage of your tokens (25-50-75-100%).
Manually type in the amount you wish to send.
4)Confirm and Bridge: once your amount is set, click on “Bridge” and authorize the transaction from your wallet.
5)Transaction completion: after a short wait, your tokens will appear on the chosen chain, successfully bridged.
This guide provides a straightforward pathway for transferring your EXTRA tokens between the supported blockchains on Extra Finance, ensuring you can manage your assets efficiently across different ecosystems.
Lynn Brooke
This article serves educational purposes and is not financial advice. We encourage you to do your own research and be responsible for your actions in the financial space.
Extra Finance simplifies asset transfers between chains with its built-in bridging feature, allowing you to move EXTRA tokens between the Optimism and Base blockchains. This integrated solution saves you from relying on external protocols or applications.
What you will find in this article:
What you need:
Available EXTRA tokens: ensure your EXTRA tokens are not tied up in staking, lending or liquidity provisions within any protocol. If you need to acquire EXTRA tokens, you can use the Swap feature on Velodrome. Learn more about this in the article “Swap on Velodrome”.
Opportunities with Bridging on Extra Finance:
Diversify investments: access unique financial products across chains to diversify your portfolio and enhance returns.
Reinvest rewards: bridge rewards earned from one chain to another to capitalize on higher yielding opportunities or better financial products available on the alternate chain.
Optimize costs: take advantage of lower transaction fees or faster processing time available on different chains to reduce costs and improve transaction efficiency.
Manage Liquidity: move assets to where liquidity conditions are more favorable, allowing for more efficient trading and asset management.
Adjust to market condition: quickly adapt your investment strategy across chains to respond to changing market dynamics or new opportunities, optimizing your investment outcomes.
How to Bridge
1)Navigate to Bridge: access the bridge function from the main page of Extra Finance by selection “Bridge”.
2)Select networks: the default setting will be “Switch from Optimism to Base”. You can change this by clicking “Switch Networks” to reverse the flow from “Base to Optimism”. Select the direction that suits your needs.
3)Input tokens: enter the amount of EXTRA tokens you want to bridge. You can:
Use the “Max” button to transfer all available tokens.
Select a percentage of your tokens (25-50-75-100%).
Manually type in the amount you wish to send.
4)Confirm and Bridge: once your amount is set, click on “Bridge” and authorize the transaction from your wallet.
5)Transaction completion: after a short wait, your tokens will appear on the chosen chain, successfully bridged.
This guide provides a straightforward pathway for transferring your EXTRA tokens between the supported blockchains on Extra Finance, ensuring you can manage your assets efficiently across different ecosystems.
Lynn Brooke
This article serves educational purposes and is not financial advice. We encourage you to do your own research and be responsible for your actions in the financial space.
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