USDh is live on Stacks, and with integrations across Bitcoin DeFi, there’s never been a better time to jump in.
You can help directly shape the future of Bitcoin DeFi by providing liquidity to USDh pools on Bitflow and Velar and earn rewards in the process.
Let’s walk through how you can acquire USDh, aeUSDC, and STX, and start earning unprecedented rewards in just a few simple steps.
Step 1: Fund Your Wallet
Before you can provide liquidity, you need to fund your Stacks wallet with three key assets: USDh, STX, and aeUSDC.
Set-up a Stacks wallet that supports these assets — we recommend either Xverse or Leather.
You also need STX to cover any fees. If you don’t already have STX, purchase some from a trusted exchange. Once you’ve acquired STX, send it to your Stacks wallet to fund future transactions.
With STX in hand, you can buy the first Bitcoin-backed, yield-bearing stablecoin: USDh. To purchase USDh, go to Hermetica, Bitflow, or Velar. Enter the amount of STX you wish to swap for USDh, click “Buy,” and confirm the transaction within your wallet.
The last piece you need is aeUSDC. Simply visit Bitflow, select STX as the token you wish to swap, enter the amount of STX you’d like to exchange for aeUSDC, click “Swap,” and confirm the transaction in your wallet. As an alternative, you can directly bridge USDC from the Solana and Ethereum blockchains via Allbridge.
Just like that, you’re ready to provide liquidity.
Step 2: Provide Liquidity
Now it’s time to become an active participant in Bitcoin DeFi! Add your tokens into a liquidity pool on either Velar or Bitflow. By doing this, you not only help maintain the pool’s liquidity but also earn Hermetica and platform-specific rewards.
Velar
Providing liquidity on Velar not only gets you 30x Hermetica Points per day, you also have the option to stake your LP tokens for even more rewards including a portion of 10,000 $VELAR tokens daily and fees earned from traders of the USDh-aeUSDC pool.
First, you need to connect your wallet. Visit the Velar USDh-aeUSDC pool dashboard, click “Connect Wallet” in the top-right corner and select your wallet provider, and authorize the connection by following the on-screen prompts.
Then, you can provide liquidity to the pool. Simply, input the amount of USDh and aeUSDC you wish to contribute, ensure that the values of both tokens are equal to maintain the pool’s balance, click “Confirm,” and approve the transaction in your wallet.
Upon confirmation, you receive LP tokens representing your share in the liquidity pool.
To stake your LP tokens and stack your rewards, go to the Velar USDh-aeUSDC farm dashboard. On the dashboard, enter the total amount of LP tokens you wish to stake, click “Stake,” and confirm the transaction.
Bitflow
Bitflow allows you to provide liquidity and earn Hermetica and Bitflow-specific rewards. When you provide liquidity on Bitflow you earn 30x Hermetica Points and 1x Bitflow Points per day for your LP tokens.
First, connect your wallet to Bitflow. Go to the Bitflow USDh-aeUSDC pool, click “Connect Wallet,” select your preferred wallet provider, and authorize the connection by following the prompts.
Then you can provide liquidity to the Biflow pool. Just input the amount of USDh and aeUSDC you want to provide, make sure both tokens are of equal value, click “Confirm,” and approve the transaction in your wallet.
Once the transaction is successful, you receive LP tokens for the Bitflow USDh-aeUSDC pool.
Step 3: Earn
Now you’re an active participant in Stacks’ vibrant DeFi ecosystem and you are earning rewards from both Hermetica and the platform of your choice.
Depending on your choice of platform, when you provide liquidity you have the opportunity to earn the following daily rewards:
🔸 30x Hermetica Points per LP token
🔸 A portion of 10,000 $VELAR tokens
🔸 1x Bitflow Points per LP token
🔸 Fees earned from trades in the USDh-aeUSDC pools
Whether you choose Velar or Bitflow, your participation will power the growth of Bitcoin DeFi — and your rewards will grow with it.
Happy LPing!
