Farming $BTC & $ETH at Harvest Finance vis Binance Smart Chain [Beginner Friendly]

Farming $BTC & $ETH at Harvest Finance vis Binance Smart Chain [Beginner Friendly]

By D3F1 | DeFi Box | 21 Apr 2021


Now that Harvest Finance has integrated Binance Smart Chain farming assets they have provided a great way to earn a yield using a blockchain with cheaper transactions.

Before we begin there are few things you might need to go over if you are new to the Binance Smart Chain;

Once you have all of them sorted and you have either $BTCB or BEP-20 $ETH, you can go ahead with this tutorial.

Head over to Harvest Finance, select the Binance Smart Chain, and connect your wallet. Remember to have “Smart Chain” selected in your MetaMask;

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Farming $BTCB On Harvest Finance

The $BTCB farming is located in the “Venus” category;

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Farming $BTCB is extremely simple. All you need to do is enter how much $BTCB you would like to deposit into the strategy or hit “Max”. Once that is entered, simply hit “Deposit”;

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This will bring up a MetaMask window asking for permission to spend your $BTCB. If you are happy with the fee, simply hit “Confirm”;

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Once that transaction has been processed, a second MetaMask window will pop up asking you to confirm the deposit. Simply hit “Confirm” again;

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Again, after that transaction has been confirmed another MetaMask notification will pop up. This time, it is asking for permission to spend your $bfBTCB. It is part of the strategy to allow Harvest Finance to Yield Farm for you so go ahead and click “Confirm”;

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Once that has confirmed the final MetaMask window will appear asking for permission to “Stake” your assets. Again, simply hit “Confirm”;

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Once that has confirmed, you are all set! You are now yield farming $BTCB on Harvest Finance through the Binance Smart Chain and will be earning $bFARM as a reward!

Farming BEP-20 $ETH On Harvest Finance

Farming BEP-20 $ETH on Harvest Finance is pretty much the same as farming $BTCB. However, you just need to go to the Binance Smart Chain $ETH section instead. Again, it is located in the Venus Catagory;

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The procedure is exactly the same. Simply enter the amount of $ETH you would like to farm with and hit “Deposit”. Then accept all the MetaMask notification windows that appear. Again, there should be four of them in total.


D3F1
D3F1

Yet another defi fan


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