(BSC) Tutorial - Lending and Borrowing on Flux Protocol

Supply from the Flux Protocol money markets to mine $FLUX

This method showcases mining by supplying assets into Flux Protocol's money market as an example.

1) Go to the Flux official website https://flux.01.finance/, and select “BSC MainNet”

2) Connect your BSC wallet to Flux Protocol on BSC

Click “Connect Wallet” from the above image, and on the pop-up box, select "Connect MetaMask";

! Make sure that your Metamask is connected to the BSC Mainnet (BSC Testnet during the Open Beta Program)

Select the BSC account of your choice in MetaMask, click “Next”, and then click “Connect” to confirm the connection;

3) Supply into the Flux money markets on BSC

Upon successful connection to your wallet, click "Lending" on the left side of the website home page. Find the token you want to supply in the market - take BETH as an example - and then click on "supply"

Click “Enable” in the pop-up box (only needs to enable for the first time supplying/withdrawing) to confirm the wallet authorisation;

Find BETH in the supply market again and click “Supply”. Enter the amount you want to supply and click the lower "Supply" button. Then click "Confirm" to authorize in the pop-up by your Metamask wallet;

4) In the “My Dashboard” part of the lending page you can see your deposits and the amount of FLUX tokens obtained via mining

For example, after deposit, you can now see in “My dashboard” that the current supply balance of BETH is 3, and the FLUX earned is 0.

5) Upon every withdrawal, the profit obtained will be automatically transferred to your BSC wallet.

1) Go to the Flux official website https://flux.01.finance/, and select “BSC MainNet”

2) Connect wallet

Click “Connect Wallet” on the above image, and on the pop-up box, select "Connect Metamask";

! Make sure that your Metamask is connected to the BSC Mainnet (BSC Testnet during the Open Beta Program)

Select an account from the BSC wallet in MetaMask, click “Next”, and then click “Connect” to confirm the connection

3) Borrow from the Flux money markets on BSC

Upon successful connection to your wallet, click "Lending" on the left side of the website home page. Find the token you want to borrow in the market - take BETH as an example - and click "Borrow";

Enter the amount you want to borrow and click the lower "Borrow" button. Then click "Confirm" to authorize in the pop-up of your Metamask wallet;

4) In the “My Dashboard” part of the lending page you can see your deposits and the amount of FLUX tokens obtained via mining

After borrowing, you can see that the current borrow balance of DAI is 1920, and the FLUX earned is 0 in “My dashboard”

5) Upon every withdrawal, mined $FLUX will be automatically transferred to your BSC wallet.

Last updated 3 years ago