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How to Complete the Ambient Finance Task in the Scroll Airdrop Event on Binance Web3 Wallet?

How to Complete the Ambient Finance Task in the Scroll Airdrop Event on Binance Web3 Wallet?

2024-08-23 07:20
During the Scroll Airdrop Event, you can swap tokens and provide liquidity on Ambient Finance via Binance Web3 Wallet to complete the tasks. 
Nota:
  • You need to have a sufficient ETH balance on Scroll to cover the gas fees (about $4 worth of ETH). To get ETH on Scroll, please refer to How to Acquire Gas Fees on Scroll using the Swap Function on Binance Web3 Wallet?.
  • You’ll need to hold at least 5 USDC worth of assets on Scroll.

How to complete the “swap tokens” task on Ambient Finance?

1. Log in to your Binance app and go to [Wallets] - [Web3]. Tap [Discover].
2. Search for “Ambient Finance” and tap [Open dApp].
3. Switch the network to “Scroll”.
4. Tap [Connect].
5. Select “Binance Web3 Wallet” and follow the instructions to connect your wallet.
6. Tap [Trade] or [Swap].
7. Select the assets you wish to swap. The asset at the top is the one you want to sell, and the one at the bottom is what you want to buy. You can swap any asset for this task. Please make sure you have a sufficient ETH balance on Scroll to cover the gas fees (about $4 worth of ETH).
Enter the amount of tokens to exchange (at least 5 USDC required for the task). You may also adjust your slippage tolerance from settings. Learn more about slippage here.
Toca em [Confirmar].
8. Review your transaction details and tap [Submit Swap].
9. Confirm the transaction in your Binance Web3 Wallet.
10. The swap task is complete.

How to complete the “provide liquidity” task on Ambient Finance?

This task requires you to add at least 10 USDC worth of assets to a USDC/ETH pool on Nuri Exchange. Please make sure you have a sufficient ETH balance on Scroll to cover the gas fees (about $4 worth of ETH). To get ETH on Scroll, please refer to How to Acquire Gas Fees on Scroll using the Swap Function on Binance Web3 Wallet?.
1. After connecting your Binance Web3 Wallet to Ambient Finance, tap the [Trade] button.
2. Go to [Pool]. Choose a USDC/ETH pool. For example, ETH/USDC.
Enter the amount of tokens you wish to supply as liquidity. For this task, you need to provide at least 10 USDC worth of assets
Set a price range for the assets, and tap [Confirm]
Note: You may need to approve USDC permission before confirming the transaction.
3. Review your transaction details and tap [Submit Liquidity]. Note that the range you selected will determine your APY for the liquidity position. Once the price moves out of the selected range, you won’t receive any rewards. 
4. Confirm the transaction in your Binance Web3 Wallet. 
5. You have completed the liquidity task.
6. To remove liquidity, go to [Account].
7. Go to the liquidity tab and tap [...] next to the position you wish to remove.
8. Tap [Remove].
9. Choose the percentage of position you wish to remove and tap [Remove Liquidity].
10. Confirm the transaction in your Binance Web3 Wallet.
11. Liquidity has been successfully removed.