Quest 2 - Walkthrough Guide
Use atBTC on Rhea Finance
Participate in Quest #2 on Galxe -> HERE
We’re excited to have you continue participating in our testnet! This guide will demonstrate how to provide liquidity to the atBTC / WBTC liquidity pool and lend atBTC on Rhea Finance on NEAR. We’ve broken this guide into two parts, one for each testnet task (as outlined on Galxe).
IMPORTANT! If you haven’t completed Quest #1 and minted atBTC on NEAR, please follow this guide first. You will not be able to complete this testnet task without having atBTC in your NEAR testnet wallet.
If you have any questions, please don’t hesitate to ask in our Telegram community.
Part I: Provide Liquidity to the atBTC/wBTC pair on Rhea Finance
Step 1: Obtain $NEAR from the Faucet
Visit the NEAR faucet: https://near-faucet.io/
Select $NEAR for the Token.
Enter your .testnet wallet address (e.g., yourname.testnet).
Request 10 $NEAR.
Step 2: Swap $NEAR for $wBTC on Rhea
Go to the Rhea Finance Trade page: https://testnet.rhea.finance/
Select “Connect Wallet”. This guide uses Meteor Wallet, but you can use any NEAR-compatible wallet.
In the Swap interface: - From: Select $NEAR. - To: Select $wBTC.
Enter the amount of $NEAR you want to swap (e.g., 5 $NEAR).
Click the “Swap” button.
Approve the transaction in your wallet. This will confirm both the approval and signing.
You should now have $wBTC in your wallet.
Step 3: Provide Liquidity to the atBTC/wBTC Pool
Go to the atBTC/wBTC pool page: https://testnet.rhea.finance/pool/2482
Select “Add Liquidity”.
Enter the amount of atBTC you want to provide (e.g., 0.0001 atBTC). The equivalent wBTC amount will populate automatically. IMPORTANT: DO NOT USE ALL OF YOUR atBTC AS YOU WILL NEED SOME FOR THE SECOND TASK.
Click “Add Liquidity”.
Approve the transaction in your wallet.
After the transaction is confirmed, you’ll see your position on the right-hand side dashboard.
Part II: Supply atBTC and Borrow USDC on Rhea Finance
Step 1: Lend atBTC on Rhea Finance
Go to the atBTC lending pool page: https://testnetlending.rhea.finance/tokenDetail/atbtc_v2.atlas_public_testnet.testnet?pageType=main
You may need to reconnect your wallet.
Click the green “Supply” button.
Enter the amount of atBTC you want to lend (e.g., 0.0001 atBTC). IMPORTANT: Ensure the “Use as Collateral” toggle is switched ON.
Click “Supply”.
Approve the transaction in your wallet.
Once confirmed, you’ll see your supplied position on the right-hand side of the dashboard.
Step 2: Borrow USDC
Go to the b-USDC borrow page: https://testnetlending.rhea.finance/tokenDetail/usdcc.ft.ref-labs.testnet?pageType=main
Select “Borrow”.
Enter the amount of b-USDC you want to borrow (e.g., 7 b-USDC).
Maintain a healthy Health Factor to avoid liquidation.
Click “Borrow”.
Approve the transaction in your wallet.
You’ll see your borrowed position on the lower right-hand side of the dashboard.
Congratulations! You’ve successfully completed the two testnet tasks for Quest #2.
Complete Quest #2 on Galxe -> HERE
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