Guide: How to bridge FRAX to Avalanche network and add liquidity to Snowball.

1- how to get FRAX ?

  • Connect your MetaMask extension to Curve.fi, then purchase the desired amount of FRAX you like to add to the liquidity using the links below:
    FRAX : https://curve.fi/frax/

2- How to bridge your FRAX to Avalanche network ?

  • Now you have FRAX in your ETH wallet you will need to bridge it.
  • Head to Multichain bridge link: https://multichain.xyz/swap and connect your MetaMask wallet.
  • You will arrive at this page:
  • Choose FRAX (Avalanche) in the “from” drop-down menu then Click on the up/down swap arrows.
  • Write the desired amount of FRAX you wish to bridge to Avalanche network then click “Transfer”.
  • A MetaMask transaction will pop-up “Confirm” it.
  • A pending deposit & Transfer transactions will appear wait until they are both successful.
  • Your FRAX tokens are now bridged.

3- How to set up MetaMask on Avalanche?

  • To switch your MetaMask to Avalanche network, you will find at the top “Ethereum Mainnet” Click on it to open the drop-down menu.
  • At the bottom of the list, you will find “Custom RPC”. click on it.
  • The window below will appear, Enter these details and then Click “Save”:

4- how to get AVAX to fund your MetaMask wallet?

  • You will need AVAX to spend for gas on the Avalanche network.
  • Go to https://wallet.avax.network/, and make a new wallet.
  • Select the X chain address.
  • Buy AVAX on Binance then send it to this X chain address via AVAX as a Transfer network.
  • Now your X chain address is funded with AVAX, you need send the funds to your C chain address.
  • On the left, Click “Cross-Chain” , then choose the “C Chain (Contract)” as the destination chain.
  • Enter the amount you would like to transfer and click “Confirm” then click “Transfer”.
  • Now you can send the AVAX from your Avalanche wallet to your MetaMask wallet.
  • Select “Send” and Select “C Contract” as the Source Chain.
  • Copy your MetaMask wallet address.
  • paste it into the “To Address” field on your Avalanche wallet, write the desired amount of AVAX you want to send and click “Confirm” then “Send Transaction”.
  • Congratulations! You now have funded your MetaMask wallet and can start using Avalanche with MetaMask.

5- How to add liquidity to FRAX S3F Pool on Snowball?

Step 1

  • Your MetaMask wallet is now connected to Avalanche network, you will need to add liquidity to Snowball.
  • Please head to Snowball add liquidity link and connect your MetaMask wallet: https://app.snowball.network/s3f/
  • You will arrive at this page:

Step 2

  • Write the amount of FRAX you want to add to the liquidity pool.

Step 3

  • Click “Approve” for FRAX spending, a MetaMask transaction will appear, “Confirm”it.

Step 4

  • Click “Deposit”.
  • Click “Confirm Deposit”.
  • A MetaMask transaction will appear, “Confirm”it.

Step 5 (Staking)

  • You successfully provided liquidity, now you need to Stake your LP Tokens.
  • Please head to the Snowball Staking page link here: https://app.snowball.network/earn/
  • You will arrive at this page:
  • Click “Approve”, A MetaMask transaction will appear, “Confirm”it.
  • Click “Stake S3F”, A MetaMask transaction will appear, “Confirm”it.
  • Snowball will show your pool share position and the APR at the moment is 54.85%.

About Frax Finance

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