# Arbitrum Odyssey Week 2 Mission

By [rickbest](https://paragraph.com/@rickbest) · 2022-06-28

---

Task time: 01:00 on June 29, 2022 to 00:59 on July 5, 2022 (Beijing time)

1.  GMX (Decentralized Perpetual Exchange):
    
    exchange
    
    Authorization + Opening + Closing
    
    Add a record
    
    The total gas is about 10U (0.008ETH), and the funds occupy 12USDC (0.01E/ETH1200)
    
    Yield Protocol: 50 USDC funds + 2U gas
    
    (The data is the loss when I am doing the tutorial, the actual gas is based on the real-time gas when you are doing the task)
    
    Galaxy Link:
    

[https://galaxy.eco/arbitrum/campaign/GCaigUt9HD](https://galaxy.eco/arbitrum/campaign/GCaigUt9HD)

[https://galaxy.eco/arbitrum/campaign/GCsqgUtsTX](https://galaxy.eco/arbitrum/campaign/GCsqgUtsTX)

Task 1: GMX (Decentralized Permanent Exchange) 1-1. Open GMX linked wallet and click Launch Exchange

[https://gmx.io/?ref=GMX\_Arbitrum](https://gmx.io/?ref=GMX_Arbitrum)

1-2. Click to start swap

![](https://storage.googleapis.com/papyrus_images/dbbee6968da31c6499bbd3ba95cc29122a0e78ec5e9807d6e538bed5bd50a114.png)

1-3. Click swap, select any-USDC trading pair, and the transaction amount is higher than 50U (USDC will be used in Yield later)

![](https://storage.googleapis.com/papyrus_images/8f0311d6a8b31e352fe717efe35e1d43502972ed8fca1b1a8f7722762681e457.png)

2-1. Click Long or Short for leveraged trading, the transaction amount needs to be greater than 10U

![](https://storage.googleapis.com/papyrus_images/ca612c9b0af315be96538f9f9ee6b22a81e2b2cd11ae655f4b94ee7bb34fe620.png)

2-2. Click Enable Leverage to confirm the authorization to enable leveraged trading

![](https://storage.googleapis.com/papyrus_images/58c5e8402e06a06955d7cd508312131be8c5a4adc2b81105708ee2a833b89d3c.png)

2-3. Opening a position

![](https://storage.googleapis.com/papyrus_images/02308096a21992de30cc67c0d5aca205797497fed702f04beb4a124d502005a0.png)

2-4. Click Close to close the position

![](https://storage.googleapis.com/papyrus_images/5be2e4ac6c2886aed377ada8bcd6364828c8a07beeec7b4752d7d29cfb659616.png)

![](https://storage.googleapis.com/papyrus_images/4a75ed56e5e741650260c0cf643ed77d5b18c4de44cd30478839de69e28c0247.png)

3-1. Become a liquidity provider of GMX, click Buy → click Buy on Arbitrum

![](https://storage.googleapis.com/papyrus_images/9f6eb2946e5f20eadae7263f04c9cfc5b17f917cb499aa4ae91cb78a2db4d4f2.png)

3-2. Enter the amount to add liquidity (must be greater than 10U), click Buy GLP → Wallet to confirm

![](https://storage.googleapis.com/papyrus_images/ecd1751560bf1a28f9f956ff8c99ab976bba2727598aba4f687b2a9957849bf6.png)

3-3. Since the task time has not yet started when the tutorial is being done, it is not clear whether the snapshot is real-time. If it is just for the Odyssey mission, it is recommended to take a snapshot of the situation and then release the added liquidity. Click Sell GLP to sell.

![](https://storage.googleapis.com/papyrus_images/0d3c508be4ea93c808164fc314f8cb169377e876a53159b87daecaf476bcc62d.png)

**Task 2: Yield Protocol (loan protocol)**

1.  Open Yield and link the wallet
    
2.  [https://app.yieldprotocol.com/pool](https://app.yieldprotocol.com/pool)
    
3.  Enter the amount to add liquidity (must be greater than 50U), click Next Step
    

![](https://storage.googleapis.com/papyrus_images/669016d68da3867cc9836cac52e759ad69387f91a36ecbd1def3258c84824478.png)

1.  Tick → Pool \*\* USDC/DAI, the wallet confirms the authorization
    

![](https://storage.googleapis.com/papyrus_images/1e7ae54259dbf72f161b383bc82ecac158e5df8b10bed9f7a79b7a24315f8996.png)

---

*Originally published on [rickbest](https://paragraph.com/@rickbest/arbitrum-odyssey-week-2-mission)*