Onboarding to Bracket
Last updated
Last updated
Visit app.bracket.fi
Connect the wallet you used for Phase I. You must connect the proper wallet to see the claim amount.
Once you connect the correct wallet, hit "claim"
This will prompt a claim transaction in your wallet.
Note: you MUST claim your brktETH, this is the only way to continue using the platform.
Upon successful claim, you will see a success message and the ability to enter your email to receive confirmations. From here, you can continue to the invest page. Note: if your screen stays loading after this step, just refresh the page.
You will now see your brktETH balance in your wallet.
For those who did not participate in Phase I, or just want to get more brktETH, go to the "brktETH" page on the app.
The brktETH page will allow you to get more brktETH by swapping your LSTs on Ethereum for brktETH. This will be done at the current conversion rate.
Bracket uses Uniswap to allow ETH to swap into brktETH. This feature will be live by January 29th. This will automatically conver the underlying ETH to wstETH (or supported LST) and swap you into brktETH to use or hold.
This is a SWAP, you will now own brktETH
Note, redemptions from brktETH to underlying LSTs will be live within ~5 days of Phase II launch.
Once you confirm and buy, you will be prompted to confirm the transaction in your wallet.
Head over to the "Invest" page on the app and select a strategy. ETH+ 10% target rate is the first strategy on the platform.
Once you click on the card, you will be directed to the strategy details page. From here, you can read the details of the strategy, read the description, the schedules, fees, and more. Please do your due diligence on every strategy presented on the platform. Only availble for eligible users.
All investments are in brktETH terms. Returns/losses will also be expressed in brktETH.
After reading and accepting the terms and conditions and fully understanding the deposit and withdrawal schedule, you can enter the brktETH you'd like to invest and approve the transaction. This will prompt a confirmation in wallet.
Next, you will be prompted to hit button to confirm the investment, and approve the actual transaction in your wallet.
After approving/confirming the investment, you wil see a Vault Deposit success alert.
Once processed, you will see your stats in the Strategy Details top card row including the shares received for your total investment, your invested amount in brktETH, current value and PnL when available.
in the upper right hand corner of the header, you will see a button called "brktETH." You can use this button to add brktETH to your wallet.
Once redemptions are available, a tutorial will be made available.
Note: pay close attention to the withdrawal and deposit schedules. These may be as fast as daily, weekly, etc. For the opening period of the very first vault only, you will be able to deposit and withdraw PRIOR to the vault committing on Feb 3rd, 2025.
The deposit and withdrawal schedules for the first vault may be seen here
Each vault will have a receipt token representing shares of the strategy. Click "Add token" to add the token to your wallet.
