How to Mint pumpBTC on PumpBTC With Bybit Web3 Wallet
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What Is PumpBTC?
PumpBTC serves as a liquid staking solution for Babylon. It aims to help BTC holders maximize yields through Babylonβs liquid staking β essentially rebuilding WBTC with native yield.
How to Mint pumpBTC on the Ethereum Mainnet
Step 1: Navigate to the PumpBTC website and click on the Connect Wallet button in the upper right corner. Then, click on Bybit Wallet to connect.
Step 2: Click on the Ethereum drop-down menu and youβll see the BTC assets supported by PumpBTC. Currently, it supports WBTC/FTBC on Ethereum, BTCB on BSC Chain and FBTC on Mantle. Select the network with which you want to deposit.
To illustrate, weβll use WBTC as an example.
Step 3: Enter the amount you want to stake, and click on the Stake button.
Step 4: After clicking on Stake, a pop-up window will appear for you to confirm the transaction. Click on Next, followed by Approve to confirm the transaction.
Step 5: After you complete Approve signature, the page will automatically proceed to the next step of the staking transaction. Click on Confirm to finalize the transaction.
Step 6: When the following pop-up window appears on your page, it means that your stake was successful β and youβll receive pumpBTC in return.
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