# Belt Finance Intro

Welcome to Belt Finance! The conveyor belt of optimized yield to your assets.

### What is Belt Finance?

Belt Finance is a stable swap AMM protocol that incorporates multi-strategy yield optimizing on the  BNH Chain, HECO, and Klaytn with low fees/slippage that also provides aggregation through vault compounding, lending, and yield generation for maximum returns.

Belt Finance’s stable swap AMM offers users the most efficient way to swap their stablecoins by offering significantly lower slippage than alternative swap protocols. Belt Finance is also focused on giving users the best yield through a combination of trading fee rewards and a multi-strategy optimization vault system. By utilizing multiple strategies simultaneously, [Belt.fi](http://belt.fi/) minimizes dependence on any one protocol while generating users the best possible yield rates in DeFi. This also protects users from low-liquidity withdrawal issues.

Users do not actively need to move their assets around between protocols to find the best yield, as Belt Finance vaults do it for them. This guarantees the highest reliable yield possible as it provides an amalgamation of many parts of the DeFi ecosystem. As Belt Finance grows to include more strategies, assets, and chains, this effect is expected to grow continually.

More than that, Belt Finance's vault compounding puts together the convenience and savings of gas fees while also essentially having no impermanent loss.

Belt Finance is non-custodial, meaning that no one besides you can move or withdraw your deposited assets.

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-49f6209e7bd2be5e81e75bc7529a2db11a31eedb%2Ftwitter_bg_01%20\(1\).png?alt=media)

### Key Features

Belt Finance is a protocol that allows users to **retain the stability of their asset positions and get maximum yields with minimal risk on every chain** (little to no impermanent loss). We accomplish this with a combination of many key features:

* **Security First.**
  * Belt has put heavy investment and utmost focus into security. Belt has multiple audits, a thriving bug bounty system, and an open, experienced team.
* **Strategized, the reliable yield from top DeFi Protocols**
  * Belt’s vaults spread your deposits across the top DeFi protocols in each ecosystem, letting you earn optimized returns from all of them simultaneously. \*\*\*\*
* **Trade your stablecoins efficiently**
  * Taking advantage of our ample liquidity, Belt’s stable swap AMM gives you the best rates on trades of major stablecoins, with low slippage and fees.
* **Cross-Chain Capabilities**
  * Belt Finance is currently available on Binance Smart Chain, HECO Chain, and Klaytn, with even more chains to come. Take advantage of our services on every chain.
* **Convenient, automated vault compounding**
  * Belt.fi maximizes yield returns on your asset position by strategically utilizing a variety of vaults and compounding these an optimal number of times per day.
* **Strategy modifying yield optimization**
  * The bToken is not simply a single, set strategy. As it is connected to a multitude of strategies, it instantaneously shifts to the most optimal strategy available so your assets get the best possible yield.
* **AMM with stable or same-value tokens with low slippage and low IL** (impermanent loss)
  * Impermanent loss has plagued liquidity provisioning from the start of DeFi, but as Belt Finance offers you the possibility of participating in AMM with a variety of bTokens that have close to no price volatility relative to each other, you retain the convenience and assurance of maintaining your token position while getting returns with no impermanent loss or price impact. This is because the pools contain a multitude of tokens with similar values/origins.
  * Belt Finance AMM functionality benefits Makers (liquidity providers) and Takers (those doing token swaps). Makers get the highest yield from their deposits through Belt.fi's strategy modifying yield optimization, compounding, and the BELT token. Takers can take advantage of Belt.fi's low trading fees, low slippage, and low price impact.

In short, what you get from Belt Finance is:

* **Stable positioning of your assets with little to no impermanent loss**
* **Automated, maximally optimized yield from multiple-strategies**
* **Complete Decentralization**
* **Simple, easy Cross-chain access**

*Deposit your assets into Belt.fi to get a conveyor belt that delivers optimized yield, and sit back and watch your portfolio grow safely!*

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-24eaaa07b1649ffa45ee54043cca988668ada633%2F8.png?alt=media)


# Vision & Roadmap

## Vision

We will make a true cross-chain DeFi ecosystem. There are many coins that mirror Bitcoin like WBTC, renBTC, BTCB, .... and there are also many USD based stablecoins including BUSD, USDT, USDC, DAI, UST and more. The problem with this is that it is confusing to swap and store these in vaults. While the value of the coins themselves may be stable, generating high yield while keeping this safety is not the easiest process.

Belt.fi makes pools of these tokens of the same nature (i.e. BUSD and USDT) and make it possible to swap these with very low fees and low slippage. This gives DeFi users the opportunity to keep the safe nature of their stablecoins while getting high rewards.

We at Belt.fi envision a future of immense interoperability in which you can maximize returns conveniently by adding liquidity to any pool of assets of any connected chain.

The team behind Belt.fi has been researching and developing interchain technology since incorporating in 2017 and creating Orbit Chain and related interchain-protocols. We launched Orbit Chain and it's Orbit Bridge IBC protocol, which bridges assets on N-to-N routes. We will continue making IBC (inter-blockchain communication) innovations with Orbit Chain to create a true cross-chain DeFi ecosystem. Belt.fi will be the core protocol of this ecosystem.

## Roadmap

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-14451a6f3801862a93eb9ef3c40ed66d9cadd721%2F20220106_161118_1.png?alt=media)

With our cross-chain swap future, which will be explained further below, users on all chains that Belt is operating on will be able to easily, quickly, and efficiently swap their any of their tokens on any chain to any other token on another connected chain to experience DeFi wherever they want without having to go through complicated bridging processes or central exchanges. This will really create a liquid cross-chain DeFi world in which Belt’s cross-chain swap/pools will play a central part. Belt Finance will help DeFi go further than multi-chain by making cross-chain simple.

**Explaining the Q3/ Q4 Timeline**

Since our launch in March, Belt grew at a wild pace, exceeding our projections and expectations to grow to billions in TVL. Frankly, after a certain point, we experienced some growing pains and recognized the need to stabilize and fix a few parts of the protocol before making larger changes and excelling once again. Much like a racecar refueling at a pitstop, we did what we needed to do to be ready to speed out onto the track again.

To that end, we’ve laid out the groundwork in Q3 to build Belt Finance closer to its full potential in Q4. Much of Q3 was focused on stability, optimization, and security. This is because what we are working to accomplish is vast and largely new to DeFi, a comprehensive, truly cross-chain platform. Especially after we saw a different cross-chain protocol get the biggest hack in DeFi history of around $600M, we decided to push back the larger v3 release to make sure that our protocol and cross-chain v3 would be secure. To do this, we’ve spared no expenses. We reached the milestone of rewarding out the biggest bug bounty in DeFi history with a $1,050,000+ payout through Immunefi with support from BSC’s Priority One. We also focused on finding the right audit partner, which we will explain more below.

In Q3, we started the push to bring the BELT token closer to the center of the platform so that BELT started to bring more of the massive value behind the protocol to its holders. With the new single staking vault, an additional portion of the base yield from our multi-strategy vaults is used to buyback BELT tokens on the market and then distribute them to stakers. This has led to some stabilization as close to 1 million BELT tokens are deposited in this vault.

We also updated our UI and launched a multi-strategy yielding vault on the Klaytn chain in preparation for the release of v3.

With that, we are ready to finalize the release of the v3 update in Q4, which will be detailed below.

**Ongoing Improvements**

Behind the scenes, we’ve also been working on efficiency improvements. These include better, automated strategy ratio rebalancing so that our TVL deposits can be safely, optimally moved between our different strategy protocols to offer Belt users the highest possible APR.

We’ve added a better monitoring system so that any irregularities will be caught and dealt with immediately.

Finally, we’ve worked on updates to the 4Belt system so that 4Belt swaps will be cheaper and more efficient. The complexity of our vault/swap system created high fees proportionally to smaller swaps, which made smaller swaps uneconomical. The changes we made will decrease complexity while decreasing slippage for overall cheaper, better swaps. This will lead to more swaps arising directly on our stableswap and therefore more fee rewards and buyback.

## Belt’s Q4 Updates <a href="#id-4266" id="id-4266"></a>

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-f043ab564590cd79ba987866c7b7a12bdbb04adf%2F20220106_161118_2.png?alt=media)

**Cross-Chain Swap & Pool**

First and foremost, we will be releasing a cross-chain stableswap consisting of a pool of 3 stablecoins on 3 different chains:

* USDT on BSC
* USDT on HECO Chain
* KUSDT on Klaytn

As the actual cross-chain bridging happens through stablecoin swaps, users will be able to easily move their assets from chain to chain with low IL and slippage, and without going to centralized exchanges. To accomplish this, we are utilizing Orbit Chain and its Orbit Bridge, a decentralized cross-chain bridging protocol, to facilitate the cross-chain swap aspect.

Belt’s new cross-chain stableswap system also makes it possible to connect to existing liquidity-based DEX’s to make it possible for users to essentially swap any token to any other token on any of the connected chains (BSC, HECO, Klaytn). We will be launching this in close cooperation and connection with the top DEX protocols available on those respective chains. This connection will expand the liquidity of each of these connected protocols to cover each other. The swap, and aforementioned partnerships mean that our cross-chain stableswap will be the backbone of all cross-chain transactions made through these DEX protocols. We will start off by connecting PancakeSwap and MDEX to cover the top DEX’s with the highest liquidity on BSC and HECO. We will also be connecting to KLAYswap, the largest DeFi protocol on the Klaytn chain. The amalgamation of us and these new partners will create a Belt cross-chain DeFi behemoth of more than $7B in liquidity and hundreds of thousands of unique users that is unrivaled in size and influence. All platforms need scalability in terms of liquidity and users to avoid stagnation. Belt’s new cross-chain swap will be the liquidity infrastructure to allow the expandability of swap protocols on these chains.

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-2947031066e431a21a49f4d5273caad5ef55bd16%2F20220106_161151_1.png?alt=media)

Going forward, we will be adding more chains and connecting new DEX protocols to allow for even more liquidity, more transaction volume, and efficient swaps. While our current focus is on stablecoins, we will eventually expand to allow cross-chain swaps of major assets like BTC and ETH so users will be able to more efficiently utilize these assets in our vaults and by extension, all top DeFi protocols on all our connected chains. We are currently talking with different protocol teams and public chain foundations to make this happen in the near future.

This cross-chain swap will be powered by a new cross-chain pool consisting of the aforementioned 3 tokens, USDT on BSC, USDT on HECO, and KUSDT on Klaytn. Collectively, this pool will be called the 3Tether pool. Users will be able to deposit on any of these and contribute to 3tether LP and receive trading fee rewards and BELT rewards. The LP will be created on Orbit Chain and as such, swaps within the LP will be done on Orbit Chain.

**Benefits to Belt and BELT holders**

As we explained above, the connection of great liquidity across different chains will make Belt’s new cross-chain stableswap the center of multiple DeFi ecosystems, and as such, utilization and volume will be high. More utilization of our cross-chain stableswap means more BELT buyback, with trading fees accumulating for the buyback with every swap. This will greatly increase the buy-pressure to counter BELT inflation and create a more stable, positive token. As the other improvements to the protocol are made and more vaults are launched, TVL will grow, leading to even more buyback.

**Improved Tokenomics**

On the topic of inflation, and tokenomics. We are also making wholesale changes to the BELT token economy to improve the sustainability and stability of the protocol and its supporters.

Our initial projections on the power of using protocol yield-based buyback to counter BELT’s infinite inflation enough to create deflation have been proven false. This is because of a variety of factors that have changed with the maturation of DeFi protocols and their yield systems. Along with this, swap volume dropped and TVL plateaued, meaning that there was less and less buyback+burn while inflation stayed the same. With this, it came to be that there was not enough incentive to hold. It came to be that a big portion of deposits in the Belt came not from supporters, but just from compounding farmers, leading to more sell pressure. This is another reason why we have been focusing on the foundations of improving our vaults and swaps.

We recognize the need to improve this and give more benefits to supporters. This shift started with the single BELT staking vault, giving protocol profits to BELT supporters. Going forward, more comprehensive changes will be made to improve the token.

**Halving**

To control inflation, we are implementing a halving model. Over repeated periods of time, inflation will be halved. The halving will be done aggressively. This will essentially create a max cap to BELT supply of around 22,108,836 BELT. The final number, however, will be lower because of continued burns.

With decreasing emissions, the effect of BELT buybacks will be greater and more people will be incentivized to stake (due to the buyback → rewards of the BELT single staking pool). You may be wondering about the vault yields due to decreasing emissions, but as a large percentage of yield comes from strategy protocols for our beltTokens, which in turn will be improved, the yield will be maintained. Lowering emissions will decrease the proportion of BELT that is being sold by auto-compounding protocols, which has been one of the biggest contributors to the high sell-pressure on the BELT token. Lower sell pressure while maintaining and increasing the buyback amount will create a more positive price flow.

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-f7d5eee52a93b7f7e09dde7e3af2845dfc4f0b3d%2FBELT%20%EB%B0%98%EA%B0%90%EA%B8%B0%20%ED%91%9C\(%EC%98%81\).png?alt=media)

When the max cap is reached (End of Emissions), the profits of the Belt Finance platform will directly be given to users in the form of staking rewards. Buybacks and burns/staking rewards will be increasingly more impactful as they directly influence deflation. BELT holders will get increasingly more value from the Belt Finance platform itself.

The first emissions halving will take place at BSC block 14,500,000. More details about our emission halving model will be posted soon.

**Other Tokenomics Improvements**

Unlike other DeFi protocols, Belt has never taken a fee from profits or usage for the team. We’ve taken a controller fee from yield and swap fees to directly buyback and burn BELT, and more recently to give to BELT single stakers.

We’ve made a decision to increase the controller fee from base yield and swaps. This larger controller fee will be used for more aggressive BELT buybacks to create more buy-side pressure for the BELT token.

We will also distribute more of the base yield BELT buyback to our supporters using the BELT single staking pool which will convert to higher yield rates.

As this happens, we will add more strategy protocols so that base yield, and subsequently, buybacks, are higher.

**Audit**

As mentioned above, we talked with and reviewed many Audit teams to find the one right for us. We’ve completed a full, comprehensive security audit focusing on v3 updates with DeDaub. They are a renowned team of security experts and professors that have been trusted by the likes of the Ethereum foundation.

This team was recommended to us by Immunefi for their impeccable work. This audit is expected to be completed in early/mid-November. We will start launching the updates as the audit finalizes.

**Governance**

We released the long-awaited governance system in Q4. As the shape of the protocol is now stabilizing with beltToken vaults, improved on-chain stableswap, and cross-chain swap, it is now time for our supporters to decide the finer details and direction of the protocol themselves.

These proposals will include:

General:

* Adding new strategy protocols
* Adding new AMMs to the cross-chain swap
* Operating Periods (pausing strategies, deactivating pools/vaults)

System Parameters:

* Vault buyback → burn ratio
* Vault buyback → staking reward ratio
* Contract Impl Updates
* Changing mining rates

Belt Governance will be a decentralized system based on proposals and voting. This voting will also lead to increased BELT burning and rewards for participants.

## **Early Milestones**

**2021. 02. 22**

* [ ] Belt.fi contract deployment on BSC (Binance smart chain)

**2021. 02. 26**

* [ ] Belt.fi website launch

**2021. 03. 10**

* [ ] Initial public allocation distribution event begins via PancakeSwap IFO (<https://pancakeswap.medium.com/belt-fi-belt-ifo-to-be-hosted-on-pancakeswap-353585117e32>)

**2021. 03. 10**

* [ ] Pool Liquidity Mining begins ([https://bscscan.com/block/countdown/5559747 ](https://bscscan.com/block/countdown/5559747))

**2021. 04. 21**

* [ ] New vaults, pools launching with multi-strategy yield (<https://medium.com/belt-finance/belt-finance-v2-multi-strategy-yield-new-pool-vaults-f104c14062cc>)

**2021. 05**

* [ ] Cross-chain expansion to HECO Chain (<https://medium.com/belt-finance/heco-on-belt-finance-guide-to-providing-liquidity-c9ebd2f84393>)

**2021. 07**

* [ ] Belt Buyback Fund begins

**2021. 09**

* [ ] Cross-chain expansion to Klaytn Chain (<https://medium.com/belt-finance/klaytn-on-belt-finance-launch-schedule-and-whats-coming-next-5b1aa78ad0c9>)

**2021. 09**

* [ ] UI Update, BELT Single Staking, Tokenomics Update (<https://medium.com/belt-finance/belt-single-staking-vault-updated-tokenomics-5103dad7191f>)

More details will be added as the scheduling is set.


# Team

An overview of who we are and what we've done!

Belt.fi is a protocol created by Ozys, a leading blockchain technology company incorporated in 2017. Ozys has worked closely with public chain foundations to create widely-used, cutting edge blockchain-based services with a heavy focus on DeFi and cross-chain interoperability.

Ozys is a member of the [Klaytn Governance Council](https://www.klaytn.com/governance-council) alongside multinational businesses and organizations including Binance, Huobi, MakerDAO, LG Electronics, and Kakao.

Ozys' various protocols, totaling over $5 billion in TVL, have undergone stable and secure operations with various audits including those by Certik (KLAYswap), QuantStamp (KLAYstation), Trail of Bits (EveryDAI), and SOOHO (Allbit).

**Orbit Chain**

Ozys' has it's own blockchain, Orbit Chain ($ORC), a PoS consensus chain founded in 2018 that integrates various blockchains to seamlessly connect the fragmented token economy. Orbit Chain currently stores, transfers, and verifies information and assets of 14+ public blockchains including Ethereum, Ripple, Klaytn, Terra, ICON, and Polygon.

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-94c83fdd17813d3b155eeaacc99568ec8c0626bc%2F20211229_152846_1.png?alt=media)

Unlike other blockchains focusing on interoperability, Orbit Chain actually supports the unconstrained trading and transacting between assets on heterogeneous chains with \*\*\*\* the Orbit Bridge IBC protocol.

#### Orbit Bridge

The Bridge IBC is a protocol that allows origin chain assets to move to a destination chain. In essence, it’s a streamlined alternative to going to an exchange and swapping and swapping and swapping, incurring all the risk, complications, and fees associated with it. Orbit Bridge works completely through smart contracts based around Orbit Chain. Orbit Bridge is effective in supporting DeFi projects that use multiple types of assets. It solves liquidity problems that many DeFi protocols have by interacting with the liquidity of other chains. It also opens up the possibility for developers to easily use heterogeneous chain assets while building their projects and subsequently offers new growth opportunities for the everyday user.

Since launching in October 2020, Orbit Bridge has transformed the Orbit Chain ecosystem and furthermore, the ecosystems of the chains connected to it. Inter-Blockchain Communication, or IBC, through Orbit Bridge makes Orbit Chain a hub of cross-chain assets. With this position, we’ve had the accomplishments of adding great value to the overall DeFi ecosystem through liquidity injection and increased asset usability on heterogeneous chains.

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-092ccba8aaa30e0ce754e39b69f9209346f95b54%2F%EC%98%811.png?alt=media)

Currently connecting Ethereum, Klaytn, ICON, BSC, and Ripple, Orbit Bridge has bridged over $13 billion USD worth of assets in over 360,000 transactions.

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-145b46e2db454173619fa602f12abbc2937e7339%2F20220114_131041_1.png?alt=media)

Orbit Bridge's Validators consist of world-class blockchain projects and include professional validators such as Hashquark and Everstake, along with the foundations of Mainnet projects such as Klaytn, ICON, and BSC.

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-4844e9edcfd1826c1c171d5b590cf5aa82d40b70%2F20220114_131041_2.png?alt=media)

Orbit Bridge has given massive liquidity to different protocols and subsequently, allows them to grow and flourish. In essence, we have given heterogeneous chains connected to Orbit Bridge (Klaytn, ICON, etc.) a tap into the massive liquidity of the Ethereum DeFi network. Orbit Bridge gives protocol developers of heterogeneous chains the ability to incorporate and use a multitude of ETH assets (e.g. ETH, USDT, DAI, ORC) to develop DeFi projects like yield farming and other protocols. It also gives more opportunities to the average holder as new assets will be available on different non-Ethereum DeFi protocols.

#### **KLAYswap**

Ozys also has created various DeFi protocols. One of the most notable is KLAYswap, a Klaytn-based AMM DEX.

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-10fcbb3e11e2be3b869acbea7b2a2f71517083c8%2F20211229_152445_1.png?alt=media)

KLAYswap offers various liquidity pools built around the Ethereum assets that Orbit Bridge has moved to Klaytn as well as Klaytn's native tokens. Some of these assets are shown in the image above. KETH, KUSDT, KDAI, and KORC represent their Ethereum equivalents (ETH, USDT, DAI, ORC). KLAYswap users can use Orbit Bridge to convert their assets into these Klaytn Compatible Token (KCT) formats before providing liquidity to the KLAYswap liquidity pools and yield farming.

In just around 4 months after launching, KLAYswap has reached more than $1.2 B in TVL and has had over 400,000 transactions with over 100,000 unique users.

#### **KLAYSTATION**

Another notable Ozys project is KLAYSTATION, a Klaytn staking tool. KLAYSTATION currently has over 200 million KLAY staked, and also provides SKLAY, a shadow liquidity token given for staked KLAY.

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-754682b5ddfe1a9dd11b36886a4b7b690f40864e%2F20211229_152642_1.png?alt=media)

Ozys is committed to researching the interoperability of heterogeneous chains and further developing the DeFi ecosystem with better products and services. In doing so, ozys will create a more widespread audience and a stable blockchain ecosystem by allowing more DApp growth on various mainnets.

\[Official sites & communities]

* Orbit Bridge: <https://bridge.orbitchain.io>
* KLAYswap: <https://klayswap.com>
* KLAYswap Twitter: <https://twitter.com/KLAYswap>
* KLAYswap Medium: <https://medium.com/klayswap>
* KLAYstation: <https://klaystation.io>
* Orbit Chain: <https://orbitchain.io>
* Orbit Chain Explorer: <https://explorer.orbitchain.io>
* Orbit Chain Voting & Governance: <https://voting.orbitchain.io>
* Orbit Chain Telegram: <https://t.me/Orbit\\_Chain>
* Orbit Chain Global Telegram: <https://t.me/OrbitChainGlobal>
* Orbit Chain Twitter: <https://twitter.com/Orbit\\_Chain>
* Orbit Chain Medium: <https://medium.com/orbit-chain>
* Orbit Chain Discord: <https://discordapp.com/invite/PJzE63A>

\[Repositories of our work]

* <https://github.com/orbit-chain>
* <https://github.com/KlaySwap>
* <https://github.com/klaytn-ozys>


# Understanding 3Tether

3Tether is available on BSC, HECO, and Klaytn Chain. This is a short guide to understand the basics of the 3Tether BLP pool and 3Tether Token.

The 3Tether BLP Pool is at its basis, a liquidity pool. Liquidity pools are pools of tokens that sit in smart contracts. You can [learn more about liquidity pools here](/understanding-belt/understanding-liquidity-pools).

First of all, we release a cross-chain stableswap consisting of a pool of 3 stablecoins on 3 different chains:

* USDT on BSC
* USDT on HECO Chain
* KUSDT on Klaytn

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-c985ce2e6e7d1084baf753adf5775040f0385b1d%2FBelt%20Cross-chain%20Pool.png?alt=media)

As the actual cross-chain bridging happens through stablecoin swaps, users will be able to easily move their assets from chain to chain with low impermanent loss and slippage, and without going to centralized exchanges. To accomplish this, we are utilizing Orbit Chain and its [Orbit Bridge](https://bridge.orbitchain.io), a decentralized cross-chain bridging protocol, to facilitate the cross-chain swap aspect.

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-69fc1f5c6c3f74ee73911fdf0457ba5b8f9580e5%2F0_lQ1r-EIUpxuWj6e4.png?alt=media)

Belt’s new cross-chain stableswap system also makes it possible to connect to existing liquidity-based DEX’s to make it possible for users to essentially swap any token to any other token on any of the connected chains (BSC, HECO, Klaytn). We’ve launched this in close cooperation and connection with the top DEX protocols available on those respective chains. This connection will expand the liquidity of each of these connected protocols to cover each other. The swap and aforementioned partnerships mean that our cross-chain stableswap will be the backbone of all cross-chain transactions made through these DEX protocols. We started off by connecting [PancakeSwap](https://pancakeswap.finance) and [MDEX](https://mdex.co) to cover the top DEX’s with the highest liquidity on BSC and HECO. We’ve also connected to [KLAYswap](https://klayswap.com), the largest DeFi protocol on the Klaytn chain. The amalgamation of us and these new partners will create a Belt cross-chain DeFi behemoth of more than $7B in liquidity and hundreds of thousands of unique users that are unrivaled in size and influence. All platforms need scalability in terms of liquidity and users to avoid stagnation. Belt’s new cross-chain swap will be the liquidity infrastructure to allow the expandability of swap protocols on these chains.

Going forward, we will be adding more chains and connecting new DEX protocols to allow for even more liquidity, more transaction volume, and efficient swaps. While our current focus is on stablecoins, we will eventually expand to allow cross-chain swaps of major assets like BTC and ETH so users will be able to more efficiently utilize these assets in our vaults and by extension, all top DeFi protocols on all our connected chains. We are currently talking with different protocol teams and public chain foundations to make this happen in the near future.

This cross-chain swap will be powered by a new cross-chain pool consisting of the aforementioned 3 tokens, USDT on BSC, USDT on HECO, and KUSDT on Klaytn. Collectively, this pool will be called the 3Tether pool. Users will be able to deposit on any of these and contribute to 3Tether LP and receive trading fee rewards and BELT rewards. The LP will be created on Orbit Chain and as such, swaps within the LP will be done on Orbit Chain.

### Earn Policy

A main function of Belt.fi is being a lending aggregator. Funds are automatically shifted between strategy protocols as interest rates change between these protocols. Belt.fi completely optimizes the interest accrual process for end-users to ensure they are always obtaining the highest interest rates among our connected platforms. Earns from each beltStrategy contract are automatically added and compounded to your deposit every 6 hours.

* example transaction
  * <https://bscscan.com/tx/0x6e8389aef0451c2c3907930f591ab6c586debb5e4a46f17ac7dd9a457384b8d3>

All the contracts address we deployed can be seen here: ( <https://docs.belt.fi/contracts/contract-deployed-info> ) and all the contracts we deployed are verified on BSCSCAN.


# Understanding 4Belt

4Belt is available on BSC and HECO Chain. This is a short guide to understand the basics of the 4Belt BLP pool and the 4Belt Token.

The 4Belt BLP Pool is at its basis, a liquidity pool. Liquidity pools are pools of tokens that sit in smart contracts. You can [learn more about liquidity pools here](/understanding-belt/understanding-liquidity-pools).

![](https://cdn-images-1.medium.com/max/1600/0*_h6LcldN0UkG-x8t)

4Belt is a pool that consists of beltTokens ((**BSC:** beltBUSD, beltUSDC, beltDAI, beltUSDT) (**HECO Chain:** beltHUSD, beltUSDC, beltDAI, beltUSDT)).

The 4Belt BLP token is a share token of this pool. beltTokens are the multiple strategy tokens that consist of beltSingleToken with beltStrategy for each protocol. We created this architecture for the scalability of the beltToken. This architecture makes it possible to add or upgrade the strategies to get better APR to users. We also set up an idle ratio between strategies to handle larger volumes of assets and prepare for strategies that are temporarily pending.

We aim to make 4Belt the best option to keep your stablecoin position while getting the best reliable yield possible. Understanding 4Belt and beltTokens is straightforward. Simply, it is the base value of the token + increasing value from the yield when you hold the token.

4Belt is created through stableswaps so it has some characteristics of that system. First, you can see the details for the breakdown of tokens in this pool, and you can take advantage of this when depositing or withdrawing.

![Screenshot A](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-d179f9025450ac8db3e11edee632f702ecfc2b63%2FScreen%20Shot%202021-10-22%20at%204.00.05%20PM.png?alt=media)

This screenshot is the breakdown of the BSC 4Belt BLP Pool. The amount of DAI is proportionally low which means that you can deposit ("sell") it for slightly more 4Belt tokens than others with a higher amount (e.g. BUSD). The idea behind this is that traders/depositors are incentivized to push the price back to keep a certain ratio of the quantity of these tokens.

## What happens when you provide liquidity to the 4Belt Pool?

You have the option of depositing one or more stablecoins.

If you deposit one stablecoin, it goes to the token/strategy that is selected for the idle ratio. So if you deposit DAI in the BSC 4Belt pool, it would get send as one of DAI, USDC, USDT, or BUSD to the particular strategy. The values (token and strategy) change constantly as people trade between different tokens and the ratio of the pool changes.‌

### Does it matter which coin I deposit?

You can deposit one or all the coins into the pool without it affecting your returns. Your tokens will get split into the pool and this doesn't affect the returns you get at all. However, there is a deposit bonus/penalty system in that affects the value of your initial principal deposit.

### Deposit Bonuses

You can see above in screenshot A, that the ratio of DAI in the pool is relatively low. If your plan was to join the pool at that time, you would ideally deposit DAI into it. This would give you a slight "bonus" compared to other tokens with a higher ratio in the pool.

There are two main reasons for this:

One main reason is that the pool is always trying to balance itself out and go to equal parts (i.e. 25% of each token), so depositing the token with the lowest ratio will get you a deposit bonus.

Another reason is that stablecoins also have value fluctuations. If a certain token is slightly more expensive there is a bonus for depositing it.

As you can see below, depositing 1000 DAI gives you slightly more 4BELT BLP than depositing 1000 BUSD. Pay attention to the number of 4BELT BLP received and the bonus.

![Screenshot B](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-5edaceb862c117775e69594b0c41a46fa128798c%2FScreen%20Shot%202021-10-22%20at%204.04.15%20PM.png?alt=media)

### Withdrawal Bonuses

When you withdraw, the same principle applies (but reversed). Withdrawing the stablecoin with the highest ratio gives you a bonus. You can, however, choose whatever stablecoin (1) or combination of stablecoins (2-4) you want to withdraw.

### Calculating Bonuses

The bonus is calculated as such:

$$
I = (((received token value) - (transferred token value)) \* 100) / (transferred token value)
$$

## Understanding 4Belt APR

For the 4Belt BLP pool, APR is calculated through a combination of the 4Belt APR(Base APR from multi-strategy yield from our strategy protocols), Trading Fee APR (this is a 24 hour average), and BELT token rewards.

The breakdown can be seen at anytime by clicking the magnifying glass icon next to the 4Belt pool on the Belt Finance Website.

At the time of writing, the 4Belt BLP Rewards are as such:

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-6196f983c5dcd1ac88d897ed0a575d2f997b6925%2FScreen%20Shot%202021-10-22%20at%204.06.06%20PM.png?alt=media)

As you can see in the screenshot, the Total APR is a combination of the aforementioned 4Belt APR, Trading Fee APR, and BELT APR.

***As you get rewards for your deposit in the 4Belt Pool, the number of your tokens will not go up but the value of each 4Belt BLP token will go up with the 4Belt APR and Trading Fee APR.** \**

* *The 4Belt APR is autocompounded to the value of your 4Belt BLP tokens every 6 hours.*
* *The Trading Fee APR is autocompounded to the value of your 4Belt BLP tokens with each trading transaction.*

BELT APR rewards are added in real time and can be seen in the "BELT EARNED" section separately. These can be harvested at anytime.

*\*Take note that some autocompounding platforms utilizing Belt Finance vaults only calculate the BELT APR rewards. This is not the true, total return. The total return must also include the increasing value of the 4Belt BLP token itself.*

## The Value of the 4Belt Token

The 4Belt token is represents the average of the underlying tokens (stablecoins) + the yield from our multi-strategy yield and trading fees thus far.

As more yield gets applied with the passing of more time and with more strategy protocols giving higher yield, the value of the 4Belt token will continously increase as this yield is autocompounded every 6 hours.

Below is the equation we used to calculate 4Belt price:

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-6cbcc41a2038dbb5d7ed89a29c77cb83d77a0b8e%2Fimage%20\(16\).png?alt=media)

### Earn Policy

A main function of Belt.fi is being a lending aggregator. Funds are automatically shifted between strategy protocols as interest rates change between these protocols. Belt.fi completely optimizes the interest accrual process for end-users to ensure they are always obtaining the highest interest rates among our connected platforms. Earns from each beltStrategy contract are automatically added and compounded to your deposit every 6 hours.

* example transaction
  * <https://bscscan.com/tx/0x6e8389aef0451c2c3907930f591ab6c586debb5e4a46f17ac7dd9a457384b8d3>

All the contracts address we deployed can be seen here: ( <https://docs.belt.fi/contracts/contract-deployed-info> ) and all the contracts we deployed are verified on BSCSCAN.


# Understanding beltTokens (beltBTC, beltETH, beltBNB, beltHT, beltSKLAY)

beltTokens are the foundation of Belt Finance, available on every chain. Compounding and yield optimizing in multi-strategy vaults

beltTokens (beltBTC, beltETH, beltBNB, beltSKLAY)\\

![Example of beltBUSD split between different strategies](https://cdn-images-1.medium.com/max/1600/0*_jxk9IY8S18xeoWF)

beltTokens refer to the belt tokens (beltBTC, beltETH, beltBNB, etc.) you receive upon depositing into a Belt Finance vault. beltTokens are in essence a deposit receipt. They represent liquidity provided in a Belt depositor contract. beltTokens are compounding vault tokens.‌

For example, if you deposit BTCB in Belt BTC Vault (Belt Depositor contract) you will receive beltBTC in return.‌

All beltToken vaults have multi-strategy yield applied to them. This idea behind this can be seen in the image above. Every token deposit into Belt Finance is not depositing wholly in a single strategy. Deposits are split between our different strategy protocols to optimize yield and security by spreading risk across the different protocols. Deposits are operated through the “Keepers” decided ratio, which you can see in the architecture.

***When the depositor contract you are providing liquidity to generates yield, your beltTokens will increase in value, since they represent a share of that vault. This is why you will observe an increase in price.*** The base APR from the multi-strategy yield is automatically added and compounded every six hours to the value of the beltToken. This is separate from any BELT rewards.‌

***Basically, each beltToken represents the underlying token + the yield from our multi-strategy yield thus far (e.g. beltBNB = BNB + base multi-strategy yield).***

beltTokens are in standard format meaning they can be transferred and traded as any other BSC/HECO Chain/Klaytn token (as of now we recommend that this takes places only through Belt Finance as other methods may be susceptible to scams). When you withdraw liquidity from the Belt Finance pools/vaults, your beltToken will be burned.

The beltToken automatically balances your stablecoin to the protocol(s) with better rates if there are any. This process is free and non-custodial.

### beltToken Vaults

Vaults are capital pools that automatically generate yield based on opportunities present in the market. Vaults benefit users by spreading gas costs, automating the yield generation and rebalancing processes, and automatically shifting capital as opportunities arise. End users also do not need to have proficient knowledge of DeFi or the underlying protocols involved, thus, Vaults represent a passive-investing strategy.

### beltToken Earn Policy

‌A main function of Belt.fi is being a lending aggregator. Funds are automatically shifted between strategy protocols as interest rates change between these protocols. Belt.fi completely optimizes the interest accrual process for end-users to ensure they are always obtaining the highest interest rates among our connected platforms. Earns from each beltStrategy contract are automatically added and compounded to your deposit every 6 hours.‌

* example transaction
  * <https://bscscan.com/tx/0x6e8389aef0451c2c3907930f591ab6c586debb5e4a46f17ac7dd9a457384b8d3>

## About beltToken Value

‌As written above, beltTokens represent the value of the underlying token (i.e. BTCB for beltBTC) + the yield from our multi-strategy yield thus far.‌

As more yield gets applied with the passing of more time and with more strategy protocols giving higher yield, the value of the beltTokens will continuously increase as this yield is autocompounded every 6 hours.‌

You can check the contract data of a beltToken (the underlying token swap ratio) through BSCSCAN Links and the parameter named “**getPricePerFullShare()**”

ex> beltBTC: <https://bscscan.com/address/0x51bd63F240fB13870550423D208452cA87c44444#readProxyContract>

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-1f657a08b5b85bfa6290769e7d5eb3abea881bec%2FScreen%20Shot%202021-10-22%20at%204.49.43%20PM.png?alt=media)

TLDR: **1 beltToken > 1 underlying token’s value.** (e.g. 1 beltBTC > 1 BTCB)

For example, If you deposit 1 BTCB in this single BTCB vault. You would get about 0.9865 beltBTC, excluding the potential deposit fee of the target strategy.

All the contracts address we deployed can be seen here: ( <https://docs.belt.fi/contracts/contract-deployed-info> ) and all the contracts we deployed are verified on BSCSCAN.

## **beltTokens with multi-strategy**

All Belt Finance vaults/pools (except for the venus pool) have multi-strategy yield applied to them.

The basic idea of what multi-strategy yield optimization can be seen with yearn.finance. yearn has a strategy of deciding and rebalancing their TVL between Compound, AAVE, and other lending protocols.

This kind of multi-strategy would be terrible for us.

If we chose one protocol with the best APY and put all our TVL in that protocol, the APY would plummet and become the worst rate in BSC… This is because our TVL is very high and BSC doesn’t have huge lending protocols in comparison to Ethereum.

For this reason, we created multi-strategy beltTokens and not depositing the whole of the assets they represent in a single strategy. Deposits are operated through the “Keepers” decided ratio, which you can see in the architecture.

We aim to have decoupling between each layer so that we can define standard interfaces, and so that each layer works separately if needed. For the multi-strategy yield, we will find the best protocols and ratios, and this will make Belt.fi an infinitely more scalable protocol.

Don’t be concerned that we manage ratios between strategies (setRatio). Belt.fi is a non-custodial protocol so that no one can touch your assets. And also [we can’t haphazardly add or remove strategy](https://docs.belt.fi/contracts/contract-operation) protocols.


# Understanding Liquidity Pools

If you are new to BSC or DeFi, liquidity pools can be a complicated concept to understand. I will do my best to help you understand simply.

Liquidity pools are pools of tokens that sit in smart contracts. If you were to create a pool of DAI and BUSD where 1 DAI = 1 USDT, you would have the same amount of tokens, let’s say 1,000 tokens (1,000 DAI and 1,000 USDT) in the pool when you deposit.

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-8582bc0c11072f9a5f010c7c9e6bfea0cfacd1af%2FScreen%20Shot%202021-10-22%20at%204.53.04%20PM.png?alt=media)

If Trader A comes and exchanges 100 DAI for 100 USDT, you would then have 1,100 DAI and 900 USDT in the pool so the price would tilt slightly lower for USDT to encourage another trader to exchange USDT for DAI and average the pool back to the same 1:1 ratio.

You can see these details for each pool and it is something you can take advantage of when depositing.

### What are the pools in Belt.fi?

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-b75788345cb1549c40da487e9c58182d305ccafe%2Fimage%20\(2\)%20\(1\).png?alt=media)

In Belt.fi, all tokens or LP tokens can be pooled. Pool consisting of groups of tokens/LPs with the same origin or same values support low transaction fees and low slippage through AMM. The best pools of our protocol will generate more yield and return more incentive to Belt.fi pool liquidity providers. Some of these of pools may consist of a variety of:

* Instant-swap protocol (like PancakeSwap) LP pools
* Vault with lending protocols (like venus) token pools
* Staking assets & assets (like ETH-BETH) pools
* tokens + pool tokens (like VAI - venus pool ) pools
* non-yield non-impermanent loss stable vault pools with AMM profits

This great variety of pool categories gives each user a plethora of options to choose from. AMM incentivation is not the only upside to select. Pools can be made of bTokens, incentivizing users to deposit into a single-sided vault and farm BELT tokens without soley relying on AMM fee returns.

We at Belt.fi strive to give the greatest possiblity to users. Not setting on a single strategy such as AMM or auto-compounding sets up a field with multiple strategies working in tandem for the biggest benefit as the BSC, HECO, Klaytn DeFi ecosystems continue to grow.


# Understanding Multi-Strategy Vault Fees

Belt.fi v2's Multi-strategy system does not charge fees on its own but has fees based on the strategy protocols used by the vaults. Any unused fees will be capital to pool.

## Entrance Fees

***Fundamentally, Belt.fi BeltMultiVaults do not take any entrance fees to our own contract. Any entrance fees arising are those of the strategy protocol at time of deposit.***

Deposits in our vaults happen through one of two processses:

* deposit2 (directDeposit)
  * This is an immediate, direct deposit to a strategy protocol's vault/pool. Belt Finance itself does not charge any fee and any fee that does arise is the entrance fee for that particular protocol.
* deposit1 (delayDeposit)
  * This is a delayed deposit to a strategy protocol/pool to save on gas fees by spreading it out over multiple deposits. In this case, a conservative estimate of the entrance fee to the protocol is calculated and is initially charged.

Currently\*\*,\*\* the entrance fee ranges from 0% to 0.11%, depending on the strategy used at the time of deposit.

**Any unused entrance fees will be capital to pool.**

## Withdrawal Fees

***Fundamentally, Belt.fi BeltMultiVaults do not take any withdrawal fees to our own contract.***

**If a strategy protocol used at time of a withdrawal does charge an exit fee, there will be a withdrawal fee as per that strategy protocol's rules. Withdrawal fees are variable depending on the status of the multi-vault pools to keep the ratio of the pool stable.**

If there is the possiblity of an extra fees arising of a strategy protocol's withdrawal, the Belt Strategy contract will reserve a small a withdrawal fee to hedge against it. **Any unused withdrawal fees will be capital to pool.**

Currently\*\*,\*\* the withdrawal fee ranges from 0% to 0.06%, depending on the strategy used at the time of withdrawal.

## Details about the fees of each strategy

### BSC Vault

#### 1. Venus

* APY:
  * Source: Supply Interest - Borrow Interest + XVS distribution
  * BASE\_APY: (supplyValue \* supplyAPY - borrowValue\* borrowAPY + Expected\_XVS\_APY \* 0.88) / (supplyValue - borrowValue)

\[Note] This base APY calculation method is the same as the existing venus pool. However, we are showing a more precise method through multiplying Expected\_XVS\_APY by 0.88

* Fees
  * entranceFee : 0.05% (originationFee 0.1% hedging)
  * controllerFee : 12% of XVS distribution rewards
    * This is used solely for buyback + burn of $BELT (8%) + BELT staking rewards (4%)
  * withrdrawalFee : 0.05% (originationFee 0.1% hedging)

#### 2. Fortube

* Daily Distribution: 100,000 $FOR (\~$12,400)
* APY
  * Source: Supply Interest - Borrow Interest + FOR distribution
  * BASE\_APY: (supplyValue \* supplyAPY - borrowValue \* borrowAPY + Expected\_FOR\_APY \* 0.88) / (supplyValue - borrowValue)
* Fees:
  * entranceFee: 0.05% (currently no originationFee)
  * controllerFee: 12% of FOR distribution rewards
    * This is used solely for buyback + burn of $BELT (8%) + BELT staking rewards (4%)
  * withdrawalFee: 0.05% (currently no originationFee)

#### 3. Alpaca

* APY
  * Source: Lending interest + Deposit interest
  * BASE\_APY : Lending interest \* 0.88 + Staking interest \* 0.88
* Fees
  * entranceFee: 0%
  * controllerFee: 12% of Lending interest, 8% of Staking interest
    * This is used solely for buyback + burn of $BELT (8%) + BELT staking rewards (4%)
  * withdrawalFee: 0%

#### 4. Alpha Homora

* APY
  * Source: Lending interest
  * BASE\_APY: Lending interest \* 0.88
* Fees
  * entranceFee: 0%
  * controllerFee : 12% of Lending interest
    * This is used solely for buyback + burn of $BELT (8%) + BELT staking rewards (4%)
  * withdrawalFee: 0%

#### 5. Ellipsis

* APY
  * Source: 3pool base APY + Rewards APY
  * \`BASE\_APY\` : 3pool base APY + Rewards APY \* 0.5 \* 0.88
* Fees
  * entranceFee: 0%
  * controllerFee: 12% of claimable of EPS distribution (Ellipsis charges a 50% penalty when rewards are claimed immediately and not vested)
    * This is used solely for buyback + burn of $BELT (8%) + BELT staking rewards (4%)
  * withdrawalFee: 0.01% + Ellipsis's penalty
    * (depending of the status of the 3pool, it is possible to have a penalty when withdrawing. To hedge against this, we reserve a 0.01% fee. Whatever is not used is capital to pool.)

### HECO Vault

#### 1. Channels

* APY
  * Source: Supply Interest - Borrow Interest + CAN distribution
  * BASE\_APY ⇒ (supplyValue \* supplyAPY - borrowValue \* borrowAPY + Expected\_CAN\_APY \* 0.88) / (supplyValue - borrowValue)
* Fees:
  * entranceFee: 0.000001%
  * controllerFee: 12% of CAN distribution rewards
    * This is used solely for buyback + burn of $BELT (8%) + BELT staking rewards (4%)
  * withdrawalFee: 0%

#### 2. Filda

* APY
  * Source: Supply Interest - Borrow Interest + FILDA distribution
  * BASE\_APY ⇒ (supplyValue \* supplyAPY - borrowValue \* borrowAPY + Expected\_FILDA\_APY \* 0.88) / (supplyValue - borrowValue)
* Fees:
  * entranceFee: 0.000001%
  * controllerFee: 12% of FILDA distribution rewards
    * This is used solely for buyback + burn of $BELT (8%) + BELT staking rewards (4%)
  * withdrawalFee: 0%

#### 3. LendHub

* APY
  * Source: Supply Interest - Borrow Interest + LHB distribution
  * BASE\_APY ⇒ (supplyValue \* supplyAPY - borrowValue \* borrowAPY + Expected\_LHB\_APY \* 0.88) / (supplyValue - borrowValue)
* Fees:
  * entranceFee: 0.000001%
  * controllerFee: 12% of LHB distribution rewards
    * This is used solely for buyback + burn of $BELT (8%) + BELT staking rewards (4%)
  * withdrawalFee: 0%

### KLAYTN Vault

#### 1. Donkey

* APY
  * Source: Supply Interest - Borrow Interest + kDON distribution
  * BASE\_APY ⇒ (supplyValue \* supplyAPY - borrowValue \* borrowAPY + Expected\_kDON\_APY \* 0.88) / (supplyValue - borrowValue)
* Fees:
  * entranceFee: 0.001%
  * controllerFee: 12% of kDON distribution rewards
    * This is used solely for buyback + burn of $BELT (8%) + BELT staking rewards (4%)
  * withdrawalFee: 0%

#### 2. Qubit

* APY
  * Source: Supply Interest - Borrow Interest + KQBT distribution
  * BASE\_APY ⇒ (supplyValue \* supplyAPY - borrowValue \* borrowAPY + Expected\_KQBT\_APY \* 0.88) / (supplyValue - borrowValue)
* Fees:
  * entranceFee: 0.001%
  * controllerFee: 12% of KQBT distribution rewards
    * This is used solely for buyback + burn of $BELT (8%) + BELT staking rewards (4%)
  * withdrawalFee: 0%

#### 3. KLAYswap

* APY
  * Source: Lending interest + Deposit interest
  * BASE\_APY : Lending interest \* 0.88 + Staking interest \* 0.88
* Fees
  * entranceFee: 0%
  * controllerFee: 12% of Lending interest, 12% of Staking interest
    * This is used solely for buyback + burn of $BELT (8%) + BELT staking rewards (4%)
  * withdrawalFee: 0%

## Swap Fee

For stablecoin swaps through Belt Finance, there is a 0.1% Swap Transaction Fee.


# Klaytn on Belt

Belt is available on Klaytn! Read below for general details

![](https://miro.medium.com/max/1400/0*ALFtrzUdjYw8lCn-)

An enterprise-grade, service-centric blockchain platform designed by Kakao’s global project team, Klaytn has been at the forefront of blockchain technology in South Korea, growing in the number of users and DeFi services available on the platform. As many of our users are already aware, the team behind Belt Finance is also behind the biggest DeFi service available on the Klaytn platform — KLAYswap. Suffice to say, we are more than familiar with the ecosystem and the resources available on Klaytn.

The BELT token is already actively in use on KLAYswap in its bridged form KBELT, and it was only logical for us to launch Belt.fi on Klaytn as to have our popular multi-strategy yield aggregator technology available on Klaytn. While Klaytn does not yet have many strategies for us to utilize in terms of yield optimization, we believe that this is the first of many meaningful steps to come in the future.

Here's a closer look at what Klaytn Belt entails.

**KBELT**

KBELT, bridged through Orbit Bridge, has already had significant liquidity and volume on the Klaytn network. Although this update will not include any BELT liquidity mining distribution, users will still be able to use and trade BELT on Klaytn by bridging it over via Orbit Bridge.

[kBELT contract address (Klaytn): 0xdfe180e288158231ffa5faf183eca3301344a51f](https://scope.klaytn.com/account/0xdfe180e288158231ffa5faf183eca3301344a51f?tabId=txList)

**beltSKLAY**

The main feature of this Klaytn update is the beltSKLAY vault. Essentially, this is a multi-strategy vault for staking KLAY tokens, the native token of the Klaytn chain. beltSKLAY will have the same structure as the [beltTokens on BSC and HECO ](/understanding-belt/understading-vtoken)where deposits will be split over multiple strategies or staking nodes in this case.

Staking KLAY can be a confusing process without many public options for staking nodes. On top of this, there is a wait time for unstaking, with withdrawals having to go through a 7 day unstaking period. This makes it hard for users to shift to and from different staking nodes to get the highest return on their KLAY tokens.

beltSKLAY takes away the headache and allows users to simply deposit into Belt Finance and have us do the work of getting the highest yield possible by automatically finding the best ratio to split your deposit into different nodes and getting rewards from all of them simultaneously.

As with other beltTokens, the value of beltSKLAY will increase over time as yield is added onto it from the strategy staking nodes. As with all KLAY staking, there will be a 7 day unstaking period for withdrawals. Once the 7-day unstaking period is finished, the withdrawn balance will be sent to your wallet. More details will be provided next week.

**Klaytn Belt Finance Launch and UI overhaul: 6AM UTC, Tuesday, September 7, 2021**

**What’s coming next? Belt Finance v3.**

As we announced, the next big update to Belt Finance, our v3, will include cross-chain swap functionality and cross-chain pools. This will allow for a true cross-chain protocol in which users will be able to go to any connected chain and get that chain’s best yield through Belt Finance’s Belt’s innovative multi-strategy yielding vault system.

[Read more about the cross-chain swap and how it will connect Klaytn to HECO and BSC here.](/cross-chain-belt/cross-chain-swap)


# HECO Chain on Belt

Belt is available on HECO Chain! Read below for general details

![](https://miro.medium.com/max/2000/0*kArOi7POBsyHWtUS)

We, the team behind Belt Finance, have been hard at work to add value and features to Belt.[ Belt.fi](http://belt.fi/) has seen an unprecedented level of enthusiasm from the BSC community, managing more than $3B Total Value Locked (TVL), with countless users reaping the benefits of our multi-strategy vaults. The launch of V2 led to an even higher TVL and more users, and as a result, Belt has grown into one of the largest projects in the BSC ecosystem.

However, our goal is to provide a completely decentralized service that continually yields the highest, most reliable APY across DeFi ecosystems to our users, no matter the chain. To achieve just that, we are working on adding new strategy protocols to our vaults but are now also expanding to support other chains on[ Belt.fi](http://belt.fi/).

These new additions will be paramount in raising the overall value of Belt Finance. As TVL rises, so will the value of[ Belt.fi](http://belt.fi/), and the scarcity of the tokens remain the same as per our tokenomics (explained more below). This cross-chain update will solidify Belt Finance as the leading stableswap AMM protocol with multi-strategy yield optimization.

We are proud to announce that we are taking the first step in our cross-chain roadmap with the launch of HECO Chain on[ Belt.fi](http://belt.fi/). With HECO, Belt is entering an exciting new market with high base yield.

Belt Finance supporting HECO will bring Belt Finance’s strengths to the HECO Ecosystem and bring many new users and new liquidity to our protocol. As we open the new vaults and connect HECO DeFi protocols, which have comparably high base APR as strategies, users of the HECO ecosystem will utilize Belt’s efficient AMM and multi-strategy yield vaults for HECO-based tokens for the highest yield available.

We welcome these new users from HECO in joining our BSC users in benefiting from the innovation in cross-chain DeFi that is Belt, and we will continue to provide unrivaled yield on the chains we support. We are excited for the new opportunities this union of HECO and BELT will bring, and will continue to develop new innovations in the field of cross-chain DeFi.

**Belt Finance will officially launch on HECO on May 21st at 11:00 (GMT +8), opening its AMM with multi-strategy vault yield optimization and supporting HT, BTC, ETH, HUSD, USDT, USDC, and DAI single vaults as well as WHT-HBELT LP and 4Belt stablecoin LP pools.**

## HBELT <a href="#id-3c04" id="id-3c04"></a>

We are also implementing cross-chain BELT mining, a feat made possible by Orbit Chain and its cross-chain Masterchef. Essentially, a portion of the total BELT token emissions will be bridged over to the HECO chain used for liquidity mining on HECO Belt.

There are some key points to understand about HBELT and cross-chain BELT mining:

* BELT bridged over to HECO Chain is HBELT.
* HBELT isn’t a separate BELT token, it is simply the same asset on a different chain. HBELT is emitted as BELT on BSC is locked via smart contract on BSC. This means that BELT tokenomics, including circulating supply inflation, remains the same.
* The overall BELT token metrics (circulating supply, inflation rate, etc.) remain the same but the BELT token gains a new field of play with HECO. This adds a new avenue of yield and related buyback & burns with higher TVL.
* Once governance is launched, BELT holders will control the Belt Finance protocol across different chains.
* HBELT liquidity mining will be distributed in the same structure to the BSC equivalent assets (BELT, BTC, ETH, and stablecoins) on HECO. You can view this as incentivizing deposits of more liquidity of that same asset (e.g. BTC) to the Belt Finance protocol, except on a different chain.
* With this same logic to mining distribution, BELT is essentially adding the value of HECO Chain to Belt Finance. **Liquidity mining will start on May 21st at 17:00 (GMT +8). The details of BELT mining on HECO are as follows:**

With Belt’s launch on HECO, we showed our commitment to bringing our innovative multi-strategy vault yield optimization cross-chain and moving forward in strengthening our position as the protocol to find the best yield on your assets not just on one chain, but across the entire DeFi universe.

The induction of HECO on Belt Finance is an update meant to increase our TVL and availability of strategies, as well as the number of users. This does not affect overall BELT tokenomics in any way. If anything, by providing support to a chain as large as HECO, we expect this update to contribute to the growth of Belt Finance in significant ways. This is only the beginning of our cross-chain schedule, and we will continue to be adding support for DeFi on different mainnet chains (Polygon, Ethereum, Klaytn, etc.) whilst maintaining the scarcity of BELT tokens.

**About HECO**

Huobi ECO Chain (Heco) is a decentralized, high-efficiency and energy-saving public chain. It is also the first product launched by the Huobi Open Platform. HECO is Ethereum Virtual Machine (EVM) compatible with smart contracts and supports high-performance transactions and has been seeing massive growth in its DeFi space. The HECO’s endogenous token is HT and it adopts an HPoS consensus mechanism.

* There is over $10 billion in TVL on HECO
* HECO is a Huobi-backed network with plenty of room for growth

### **HECO- BSC- KLAYTN Cross-Chain Swap**

[Read more about our cross-chain swap and how it connects HECO to BSC and Klaytn.](/cross-chain-belt/cross-chain-swap)


# Cross-Chain Swap

As we announced previously and briefly explained in our Q4 Development Plans, for our upcoming major update to Belt Finance, v3, we are adding a cross-chain stableswap consisting of a pool of 3 stablecoins on 3 different chains

* USDT on BSC
* USDT on HECO
* KUSDT on Klaytn

![](https://miro.medium.com/max/700/1*vF8tKqCfIZgA8rpf1nDiFg.png)

As the actual cross-chain bridging happens through stablecoin swaps, users will be able to easily move their assets from chain to chain with low IL and slippage, and without going to centralized exchanges. To accomplish this, we are utilizing Orbit Chain and its Orbit Bridge, a decentralized cross-chain bridging protocol, to facilitate the cross-chain swap aspect. Swaps happen on Orbit Chain with our Belt Router contract on each chain and our StableSwap, SwapReceiver contracts on Orbit Chain handling the different processes and LP creation necessary to make smooth cross-chain stableswaps on Orbit Chain possible.

![](https://miro.medium.com/max/700/0*lQ1r-EIUpxuWj6e4)

## Why Belt’s cross-chain swap is necessary <a href="#id-69c8" id="id-69c8"></a>

The future is going cross-chain. This has been evident for some time, and especially recently, side-chains, L1s, and L2s have been exploding with users, liquidity, and new DeFi protocols. This will continue to be the case.

There is a problem that has been arising with this, however — the difficulty in getting your assets to and from these different chains.

Users have always had the option of going through different exchanges. This is fairly complex and time-consuming. Users would send their token to exchange, swap it for a different token multiple times, and then withdraw it to a different exchange, swap it again, and then withdraw to their wallet on a different chain. This is a headache… It also has the barriers of increasing KYC mandates and high withdrawal fees.

Users have had a different option of going through different bridges, but from our own experience, most bridges have had the problems of low liquidity, low choice of what tokens are available to swap, lack of decentralization, security risks, and crazy wait times of up to a few days.

There are no really intuitive ways of doing cross-chain swaps.

## How Belt fixes existing cross-chain swap problems <a href="#id-9c2c" id="id-9c2c"></a>

Belt Finance is here to fix these huge issues of going cross-chain. Firstly, we are utilizing the most secure, limitless bridging infrastructure available, Orbit Chain. With an impeccable security record, validator-based decentralization, proven reliability, and outstanding functionality, Orbit Chain was the perfect foundation for us to build our cross-chain swap.

Wave goodbye to insane wait times for cross-chain bridging and swaps as your transactions will happen in a matter of minutes.

This Belt cross-chain swap router also makes it possible to connect to existing liquidity-based DEX’s to make it possible for users to essentially swap **any token to any other token on any of the connected chains (BSC, HECO, Klaytn, and potentially many others)**. **This is where we believe Belt Finance can find its place as infrastructure to DeFi as a whole.**

We can connect Belt’s cross-chain stableswap to any DEX on connected chains so that users will be able to trade any token on Klaytn to any token on BSC or HECO and vice versa.

This would be a much easier and efficient, comprehensive cross-chain solution than is currently available and make it far easier for users on other networks to access protocols on different chains for swaps and farming.

All users will have to do to go cross-chain choose any token on the chain they’re going from and choose any token they’re going to. No more multi-step, multi-TX, multi-fee confusions.

![](https://miro.medium.com/max/700/1*nS5ttyUyXOr_OjycK0fbTg.png)

To begin with, we will be connecting PancakeSwap on BSC, MDEX on HECO, and KLAYswap on Klaytn to create combined liquidity of over $7B together with Belt’s cross-chain swap as a hub and conduit of liquidity.

We’re making a cross-chain world with Belt in the middle.

Another point of note is that Ozys, the company behind Belt Finance and Orbit Chain, is also the creator of the biggest DeFi protocols on Klaytn. The most notable of these is KLAYswap, an AMM DEX that has 100,000 unique users. Most of these users are Korean and have their DeFi experience shaped by, and limited to KLAYswap. Connecting to KLAYswap through Belt’s stableswap will open the gates for Klaytn users to access these new chains and likewise have other users of BSC and HECO experience DeFi on Klaytn.

## Expansion Potential <a href="#id-8a77" id="id-8a77"></a>

This is only the beginning of Belt’s cross-chain swap. While we are starting with BSC, HECO, and Klaytn, we will actively be expanding to other chains. The way Belt’s cross-chain swap is designed makes it possible to connect to a multitude of other chains and the top AMMs in those chains.

We are doing this step-by-step to ensure that the cross-chain swap grows smoothly with high liquidity, trading volume, and users.

The next expansions are likely to be Polygon and Ethereum. Announcements regarding any expansion will be made through our official channels.

## Benefits to BELT Holders <a href="#id-2e3c" id="id-2e3c"></a>

Connecting liquidity and users across multiple chains will make Belt’s cross-chain swap a crucial piece of DeFi infrastructure in these chains and will subsequently invite high volume, utilization, and liquidity into our own protocol.

As BELT buyback is based partially on swap volume, the accumulating trading fees with every cross-chain swap done will increase buyback volume and aid in upward pressure for the BELT token itself.

As we expand to more assets and more chains, subsequent usage will only increase the volume of BELT buybacks.

## Belt Router specifications: <a href="#id-8664" id="id-8664"></a>

The Belt Router contract has the following functionalities:

1. Handle crossChain request: crossChain()

* Sends token bridging requests to Orbit BridgeOrbit Bridge. (CrossChain swap / CrossChainSwap + DestChainSwap)

2\. Handle swap request: swap()

* Can handle token swaps on specific AMMs (FromChainSwap)

3\. Handle swapAndCrossChain request: swapAndCrossChain()

* Sends bridge request after a token swap on an AMM in the From chain, and then sends a request to an AMM in the Destination chain for another swap after bridging. (FromChainSwap + CrossChainSwap / FromChainSwap + CrossChainSwap + DestChainSwap)

Below is a breakdown of what Belt’s cross-chain swap liquidity on PancakeSwap and KLAYswap would look like going from BNB on BSC to KLAY on Klaytn.

![](https://miro.medium.com/max/700/1*byvYjabo98Unm0bgLiKqFg.png)

This is a diagram showing the process of going from BNB (on BSC) to KLAY (on Klaytn) utilizing existing AMMs for the initial and final swaps.

## How this would work contract/process wise <a href="#dd6c" id="dd6c"></a>

The key advantage to cross-chain integration with Belt is that a full-cross-chain swap solution can be created with simple integration. There is no need to integrate multiple times for From and Destination chains as Belt Finance can handle this part.

Just like on BSC/HECO Belt’s stableswap, these cross-chain stableswaps (in between swaps on DEX’s on BSC/HECO/Klaytn) would have low slippage and low IL.

**Example Transaction Breakdown) Swap BNB (BSC) to KLAY (Klaytn)**

1. (PancakeSwap (or other AMM on BSC)- BSC) swap BNB to USDT (BSC)
2. USDT (BSC) on BELT’s cross-chain stable pool is bridged to OUSDT on Orbit Chain (Belt Router→ Orbit Bridge)
3. swap OUSDT(Orbit) to OUSDT(Orbit) (within StableSwap-BELT LP )
4. bridge OUSDT(Orbit) to KUSDT (Klaytn) (Bridge→ Belt Router)
5. swap kUSDT- KLAY (KLAYswap — Klaytn)

**Possible Tx Reverting Cases:**

* If Swap 1 fails on the From Chain (i.e. BSC) → the user is returned BNB (BSC)
* If Swap 3 fails within Orbit Chain→ the user is returned USDT (BSC)
* If Swap 5 fails on the Destination chain (i.e. Klaytn) → the user is returned KUSDT (Klaytn)

**Time & Slippage issues**

Because cross-chain swaps require token bridging, they require more time than on-chain swaps. Below is an approximation of the time it takes for cross-chain transactions based on the block confirmation count of Orbit Chain.

\<Bridging Process Specifications>

* klaytnConfirmCount: 10 blocks, -> approx. 10s
* bscConfirmCount: 15 blocks -> approx. 45s
* hecoConfirmCount: 20 blocks, -> approx. 60s
* BSC to HECO requires 45 + 60 = approx. 105s

**Orbit Chain Overview**

Orbit Chain is a multi-asset hub blockchain that stores, transfers, and verifies information and assets on various public blockchains through decentralized Inter Blockchain Communication (IBC). Currently, Orbit Chain supports more than 14 public chains, including Bitcoin, Ethereum, Binance Smart Chain, Huobi ECO Chain, Polygon, Ripple, Klaytn, ICON, and Celo.

Orbit Chain has built a notable reputation for itself in the past eight months since its launch, having bridged more than $13B worth of assets in more than 360,000 transactions with 50,000+ unique wallets across other top chains including Ethereum, BSC, Polygon, Klaytn, ICON, and Ripple.

Belt will be utilizing Orbit Chain’s cross-chain connectivity and vault/minter system to create LP in and conduct swaps through Orbit Chain.

Ozys, the team behind Orbit Chain, is a company spearheading blockchain development in South Korea, working tirelessly to create unity in the fragmented and dissociated blockchain world. Working under the ethos of “Connecting the Unconnected,” Ozys’ projects utilize cutting-edge technologies to bridge different ecosystems together. Ozys is a member of the Klaytn Governance Council alongside multinational businesses and organizations, including Binance, Huobi, MakerDAO, LG Electronics, and Kakao.

\\


# BELT token

## BELT

Ticker: **BELT**

[Contract Address: **0xE0e514c71282b6f4e823703a39374Cf58dc3eA4f**](https://bscscan.com/address/0xE0e514c71282b6f4e823703a39374Cf58dc3eA4f)

Chain: **BNB Chain** (BEP-20)

We are also implementing cross-chain BELT mining, a feat made possible by Orbit Chain and its cross-chain Masterchef. Essentially, a portion of the total BELT token emissions will be bridged over to the HECO chain used for liquidity mining on HECO Belt.

There are some key points to understand about hBELT, kBELT, and cross-chain BELT mining:

* BELT bridged over to HECO Chain is HBELT. KBELT is BELT bridged over to Klaytn.
* HBELT and KBELT aren’t separate BELT tokens, they are simply the same asset (BELT) on a different chain. HBELT and KBELT are emitted as BELT on BSC is locked via smart contract on BSC. This means that BELT tokenomics, including circulating supply inflation, remains the same.
* The overall BELT token metrics (circulating supply, inflation rate, etc.) remain the same but the BELT token gains a new field of play with HECO and Klaytn. This adds a new avenue of yield and related buyback & burns with higher TVL.
* Once governance is launched, BELT holders will control the Belt Finance protocol across different chains.
* HBELT liquidity mining will be distributed in the same structure to the BSC equivalent assets (BELT, BTC, ETH, and stablecoins) on HECO. You can view this as incentivizing deposits of more liquidity of that same asset (e.g. BTC) to the Belt Finance protocol, except on a different chain.
* With this same logic to mining distribution, BELT is essentially adding the value of HECO Chain to Belt Finance.
* Additional mining distributions to new chain expansions like Klaytn will be added to this document as necessary.

**HECO Chain**

* [hBELT contract address (HECO): 0x8c517631a7cD20FC365aA9A4025955FcDAA11f57](https://hecoinfo.com/token/0x8c517631a7cD20FC365aA9A4025955FcDAA11f57)

Through Orbit Bridge, BELT is also available on Klaytn and Polygon.

**Klaytn**

* [kBELT contract address (Klaytn): 0xdfe180e288158231ffa5faf183eca3301344a51](https://scope.klaytn.com/account/0xdfe180e288158231ffa5faf183eca3301344a51f?tabId=txList)

**Polygon**

* [pBELT contract address (Polygon): 0xC536B6DDA6645522B33Ab4D6ee069f6F856A8327](https://explorer-mainnet.maticvigil.com/address/0xC536B6DDA6645522B33Ab4D6ee069f6F856A8327/transactions)

## Initial Public Allocation

* ***150,000 BELT was made available through*** [***a PancakeSwap IFO***](https://pancakeswap.medium.com/belt-fi-belt-ifo-to-be-hosted-on-pancakeswap-353585117e32) *\*\*\*\* (March 10, 2021 (now over))*
* 22,500 BELT was used for promotions related to the IFO (liquidity and syrup pool)
* 27,499 BELT will be used for marketing/promotional activities (not yet minted)
* 1 BELT was used to register for a BELT-BNB LP Pair on PancakeSwap

## Emission rate

|          | Emission/block (BELT) | Emission/day (BELT) |
| -------- | --------------------- | ------------------- |
| Emission | 1.178                 | 33,926.4            |

Mining started at Block #5559747, following the PancakeSwap IFO.

The emission rates have been changed and the new halving system was announced in Q4 2021:

### **Halving System**

BELT emissions will be halved repeatedly over periods.

<figure><img src="https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2FY3C6gebO8sNsUehpaMoE%2F1.png?alt=media&amp;token=a4b1a837-7ea8-4657-a37b-4f5302ca4166" alt=""><figcaption></figcaption></figure>

With decreasing emissions, the effect of BELT buybacks will be greater and more people will be incentivized to stake (due to the buyback → rewards of the BELT single staking pool). Lowering emissions will decrease the proportion of BELT that is being sold by auto-compounding protocols, which has been one of the biggest contributors to the high sell-pressure on the BELT token. Lower sell pressure while maintaining and increasing the buyback amount will create a more positive price flow.

When the max cap is reached (End of Emissions), the profits of the Belt Finance platform will directly be given to users in the form of staking rewards. Buybacks and burns/staking rewards will be increasingly more impactful as they directly influence deflation. BELT holders will get increasingly more value from the Belt Finance platform itself. The first emissions halving took place on January 19, 2022, at [BSC block 14,500,000](https://bscscan.com/block/countdown/14500000), and the last halving will occur on approximately January 17, 2026.

## **Governance**

We released the long-awaited governance system in 2021 Q4. As the shape of the protocol is now stabilizing with beltToken vaults, improved on-chain stableswap, and cross-chain swap, it is now time for our supporters to decide the finer details and direction of the protocol themselves.

These proposals will include:

General:

* Adding new strategy protocols
* Adding new AMMs to the cross-chain swap
* Operating Periods (pausing strategies, deactivating pools/vaults)

System Parameters:

* Vault buyback → burn ratio
* Vault buyback → staking reward ratio
* Contract Impl Updates
* Changing mining rates

Belt Governance will be a decentralized system based on proposals and voting. This voting will also lead to increased BELT burning and rewards for participants.

## BELT Inflation Distribution

Inflation will be distributed to our pools and LP stakers. BELT will be distributed to all types of pools, independent of whether they are token-based or LP-based. BELT has the role of giving incentives to BSC economies and subsequently acting as a booster for the BSC economy as a whole.

BELT is also a governance token so holders may change this distribution ratio through governance consensus.

### Mining Distribution Rates

* [The history of and current mining distribution rates can be seen on this page.](/tokenomics/mining-distribution-rates)

#### Build Allocation

There is currently 1.178 BELT mined per block. 0.178 BELT/block goes to the build allocation. The build allocation will be used to ensure sustainable development and rapid innovation. This equates to about 15% of mined BELT.

**Here are the details behind what’s behind the 15% Build allocation:**

No individuals in the company will be directly receiving any of the build allocations. It will be managed by the company as a whole.

The main objective of this build allocation is to stabilize operations and governance.

70% of the build allocation

* It Will be used purely for governance once the full governance system comes out for stability
* It Will be locked up until then

30% will be used to cover costs when needed (we’re not planning to sell immediately)

* 5% will be used for marketing
* 20% for R\&D development
* 5% will be used for operations

For reference, the build allocation for KLAYswap (our Klaytn AMM DEX with over $360M in TVL) is also 15%).

There’s also no build allocation for the Initial Public Allocation.

## Deflationary Mechanisms

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-be91550e5b1f9553cf6ab4007f9d9d8baf27d98c%2Fimage%20\(6\).png?alt=media)

Belt.fi combines yield optimizing with an AMM protocol. Deflationary mechanisms occur in both processes.

* **50%** of swap fees from each swap transaction is used buyback BELT and burned (sent to the deleted address). The remaining 50% is given as a reward to liquidity providers.
* **8%** of yield is used to buyback BELT and burn (sent to the deleted address). The remainder of the yield is given as a reward to liquidity providers.
* **4%** of yield (on BSC) is used to buyback BELT and is given as a reward to the BELT single staking vault.[ Read More.](/tokenomics/belt/belt-single-staking)

The real-time deflation can be seen transparently on the Belt.fi website.

As stated above, governance consensus may change the burning rate, block emission rate (inflation), and other factors important to deflation.

## Swap Fee**s**

For stablecoin swaps through Belt Finance, there is a 0.1% Swap Transaction Fee.


# BELT Single Staking

This single staking has been designed to give the most benefit to investors and holders alike while ensuring the longevity and sustainability of the protocol and the vault itself.

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-63bc0c2a079697750f700c7c4311a226ba3a19cd%2F20220114_123849_1.png?alt=media)

The BELT single staking vault is the first step of many into adding the massive value of the platform directly back to the BELT token and BELT token holders.

BELT, as the governance and incentivization token of the platform, has been very powerful in growing Belt Finance to host some of the largest TVLs of any platform on both BSC and HECO Chain, cumulatively more than $1.4 Billion. However, the BELT token has not really reflected the strength and heft of the platform. The addition of this single staking vault brings BELT closer to the center of the platform.

An additional portion of the base yield from our multi-strategy vaults will be used to buyback BELT tokens on the market and then distribute them to holders who stake in this new vault. This has the effect of strengthening the direct link of the BELT token to the success of the platform as the buyback effect and subsequent staking APY will increase with more TVL and with a higher base yield from additional strategies and optimization. It will also give an important place for supporters to earn without worrying about impermanent loss.

Deposits in this new vault will be auto-compounded. This means that users will not have to worry about harvesting and depositing into the vault manually, and as this vault will compound multiple times a day, the effect on APY will make this the best place to store your BELT.

Deposits will also have a 7 day lockup period. This lockup period will reset to 7 days with every deposit.

**How exactly is the token economy changing?**

Currently, an important part of our deflationary mechanisms is the 8% of base yield from strategy protocols used to buyback and burn BELT (buy at market price and then send to the burn address)​​.

Now, in addition to this 8%, an additional 4% of base yield from strategy protocols will be used to buyback BELT at market prices and distribute them to the BELT single staking vault. This additional buy pressure will aid in stabilizing BELT prices.

With this update, this is only on BSC, but will be implemented on other chains BELT operates on in the near future.


# Mining Distribution Rates

## Current Mining Distribution Rates

#### (**January 19,2022 - present**)

[**Read more about the BELT halving**](/tokenomics/belt-supply)\*\*\*\*

There is currently 0.589 BELT mined per block. 0.089 BELT/block goes to the build allocation. The build allocation will be used to ensure sustainable development and rapid innovation. This equates to about 15% of mined BELT.

The remainder of mined BELT (0.5 BELT/block) goes as LP rewards for our pools and vaults. We are also implementing cross-chain BELT mining, a feat made possible by Orbit Chain and its cross-chain masterchef. Essentially, a portion of the total BELT token emissions will be bridged over to other chains (HECO, KLAYTN) used for liquidity mining on HBELT and KBELT.

## Historical Rates

### Belt Finance V1

#### Beginning Allocation Ratio (March 10, 2021 - April 21, 2021)

* BNB-BELT PancakeSwap LP stakers: **0.5 BELT**/block (50%)
* venus pools stakers in Belt.fi: **0.5 BELT**/block (50%)
* Build Allocation: **0.178 BELT**/block. The build allocation will be used to ensure sustainable development and rapid innovation. This equates to about 15% of mined BELT.

### Belt Finance V2

#### Multi-strategy updated distribution rates (April 21, 2021 - May 21, 2021)

* BNB-BELT LP (Belt Staking Pool): **0.5 BELT**/block **(50%)**
* 4BELT LP (LP Staking Pool): **0.3 BELT**/block **(30%)**
* BTC (Belt Vault): **0.1 BELT**/block **(10%)**
* BNB (Belt Vault): **0.05 BELT**/block **(5%)**
* ETH (Belt Vault): **0.05 BELT**/block **(5%)**
* venus (LP Staking pool): **0 BELT**/block **(0%)**

These were the changes from the previous rates:

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-c15cc03a3813be6e308bb19d988a531419ac5359%2FScreen%20Shot%202021-04-20%20at%204.41.29%20PM.png?alt=media)

#### \*\*BELT mining on HECO (\*\*May 21, 2021 - **June 24,2021)**

**25%** of total BELT emissions will now be used as liquidity mining rewards on HECO Belt.

Of the HECO Emissions:

* wHT-hBELT (Belt Staking Pool): **0.12 BELT**/block **(48%)**
* HECO 4BELT LP (LP Staking Pool): **0.08 BELT**/block **(32%)**
* BTC (Belt Vault): **0.03 BELT**/block **(12%)**
* ETH (Belt Vault): **0.01 BELT**/block **(4%)**
* HT (Belt Vault): **0.01 BELT**/block **(4%)**

These were the changes from the previous rates:

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-1e4a3ace25864d31f8efeaa2f016e669ead8d2a9%2Fimage%20\(9\).png?alt=media)

#### 4Belt Compensation: remedy 4BELT (r4BELT) (**June 24,2021 - December 29,2021**) <a href="#id-9058" id="id-9058"></a>

These were the changes from the previous rates:

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-d45436a7ea50298877243f4aed37640b84e5fd5c%2Fimage%20\(26\).png?alt=media)

### Belt Finance V3

#### Cross-chain Pool/Swap: 3Tether (**December 29, 2021 - present**)

**30%** of total BELT emissions will now be used as liquidity mining rewards on the Tether Pool.

These were the changes from the previous rates:

<figure><img src="https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fz2HbdDdJ65wxub7ApGmw%2Fimage.png?alt=media&amp;token=032091cc-e025-49c5-869c-8e880fe35321" alt=""><figcaption></figcaption></figure>


# Managing BELT Supply

## What is the Maximum Supply? Does BELT have a hard cap?

At present, BELT supply increases with every block. The amount released per block will follow our halving schedule. BELT emissions will be halved repeatedly over a period of time. This will essentially create a max cap to BELT supply of around 22,108,836 BELT. The final number, however, will be lower because of continued burns (will be less than 22,108,836 BELT).

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-8d4ecd5ec10c2e3650fc6816e3c4387663cb304b%2FScreen%20Shot%202021-10-22%20at%203.11.29%20PM.png?alt=media)

Besides halving, there are other measures in place to counter inflation.

## How is BELT supply is reduced?

We aim to **making deflation higher than emission** by building deflationary mechanisms into Belt.Fi's products\*\*.\*\* The goal is for more BELT to leave circulation than the amount of BELT that is produced.

### Reducing block emissions and BELT buyback + burn

**Halving Reducing block emissions (Inflation)**

We slow inflation by changing the amount of BELT released with each block. While this has not yet been done, you can look at the schedule above to see when the halvings will occur. As this happens, more BELT inflation will be allocated to DEAD pools and will be permanently burned.

**BELT Buyback and Burning**

Belt.fi has automatic buyback BELT token burns at a rate of 50% of trading fees. 8% of yield is used to buyback BELT and is burned. As the engagement and liquidity on Belt Finance grows, the burn amount will increase, eventually growing to a point where more is burned than minted.

The amount of yield used to buyback and burn BELT will be increased within Q4 2021.

**BELT Buyback to Staking Rewards**

Another important buyback mechanism is 4% of base yield from all vaults put towards BELT buyback. This buyback amount is then used to rewards BELT staking participants. This puts BELT back towards the center of the platform and incentivizes holding the token for maximum rewards.

**Why BELT buyback + burning is important**

While the buyback numbers may initially seem high, it is important to know that they are burned and not collected. This is so that the BELT token inflation is controlled and tokenomics made better.

The advantages to this system can be seen with a comparison to other protocols. For example, on Curve, 50% of trading fees is taken as an admin fee. Contrast this with Belt.fi, where a 50% buyback is not reallocated to any entity but is instead burned forever. When the fee is given to holders, as in Curve, this fee is not a help to the tokenomics, and does not have deflationary effect. When 50% of trading fees, and 8% of the yield is bought back as BELT and burned, it increases the scarcity and power of the BELT token.

As trading engagement and base yield from strategy protocols on Belt.fi increases, this burning will grow will have a great impact to the BELT token economy, possibly to the point where the burn rate is higher than the emission rate.

### [Read more about the buyback + burn policy](/tokenomics/belt-supply/buyback-and-burn-policy)


# Buyback & Burn Policy

Belt.fi has automatic buyback BELT token burns at a rate of 50% of trading fees. 8% of yield is used to buyback BELT and burned.

$BELT buyback & burning is an automated system based off of yield from beltStrategy contracts ("earn") and trading fees ("swap volume") from Belt Finance's stableswap AMM.

### Yield Buyback

From the earned yield, 12% is used for BELT buyback.

* 8% for burn.
* 4% for BELT Single Staking Pool.

This is calculated as:

* earn \* 0.12 = belt buyback amount

This is done for each earn() transaction for each beltStrategy contract. This happens **every 12**

**hours**.

You can see an example transaction here: <https://bscscan.com/tx/0x3ea5e983750b83890b052eafa886fe35b8de0e6f2ead1d4191e192c103d3551c>

### Trading fee Buyback

50% of trading fees from swap volume are used to buyback and burn BELT.

This is calculated as:

* swap volume transaction fee \* 0.5 = BELT buyback amount

The buyback() is executed **one time a day** from the accumulated amount in the swap contract:

* <https://bscscan.com/address/0x11F95475DAa6C8A87E80fcda8Fc6E2401db3477B#code>

You can see an example transaction here: <https://bscscan.com/tx/0x97bc4aafd17802e589d64d1dc395019b631f9ac0097eacf022366e01bf6d3d71>


# Security and Risks

## RISKS

Belt.fi is a decentralized platform based on smart contracts on respective blockchains. Please DYOR and use at your own risk.

## Smart Contracts

Belt.fi's initial smart contracts for its stableswap and yield optimizing were forked from yearn.finance, Curve, and Pickle Finance to combine the maximal benefits of the three.

### Audits

Our first audit was conducted by [SOOHO](https://www.sooho.io/), a CONSENSYS-backed blockchain security firm.

You can check the audit report here:

{% embed url="<https://github.com/BeltFi/belt-contract/blob/main/audit/%5BENG%5DBELTFI_Security_Assessment.pdf>" %}

Our second audit, for v2, was conducted by HAECHI AUDIT.\
\
You can check the audit report here:

{% embed url="<https://github.com/BeltFi/belt-contract/blob/main/audit/HAECHI_AUDIT_Smart_contract_audit_report_for_BeltFi_earnV2_additional.pdf>" %}

Our third audit, for HECO Belt Finance, was conducted by SOOHO.\
\
You can check the audit report here:

{% embed url="<https://github.com/BeltFi/belt-contract/blob/main/audit/%5BENG%5DBELT_HECO_Security_Assessment.pdf>" %}

We’ve started a full, comprehensive security audit focusing on v3 updates (including cross-chain swap) with DeDaub. They are a renown team of security experts and professors that have been trusted by the likes of the Ethereum foundation. This team was recommended to us by Immunefi for their impeccable work. This audit is expected to be completed in early/mid November and will be shared publicly then.

### Bug Bounty

Belt Finance is extremely focused on security and has partnered with Immunefi for a bug bounty program.\
\
Explore Belt Finance's Immunefi program and find bugs to get a reward of up to $1M USD.\
\
<https://immunefi.com/bounty/beltfinance/>

Belt Finance has been very committed to stability and security, and we’ve recently made the biggest bug bounty payout in DeFi history

(covered by Cointelegraph here: [https://cointelegraph.com/news/white-hat-hacker-paid-defi-s-largest-reported-bounty-fee ](https://cointelegraph.com/news/white-hat-hacker-paid-defi-s-largest-reported-bounty-fee))


# FAQ

A round-up of some commonly asked questions

**Why use an AMM (Automated Market Maker) instead of a CEX (Centralized Exchange) to do transactions.**

* Compared to centralized exchanges, AMMs like Belt.fi inherently offer more immediacy to the transactions, as trades are not based on order books. As long as there is liquidity in the pools, transactions occur. This has multiple advantages including less time, slippage, and price impact.

#### **Why use Belt.fi instead of a different AMM on BSC?**

AMM's do not flourish if they do not satisfy the needs of both Makers and Takers. Makers benefit as more transactions occur in the liquidity pools they deposit into. Simply put, more transactions equate to greater yield as fees accumulate. This means that Takers need incentive to conduct their transactions through the AMM. Belt.fi satisfys the needs of both these sides.

* **For Makers (liquidity providers)**
  * The high trading volumes on other exchanges proves the meaningfulness of these types of swaps. Optimized transaction fee yield from our multiple strategy approach and liquidity mining on Belt.fi offer higher rewards (APY and BELT token rewards) that satisfy maker needs. \*\*\*\*
* **For Takers (traders doing token swaps)**
  * Because of Belt.fi’s low trading fee, slippage, and price impact, it is advantageous to do your stable-to-stable swaps on Belt.fi. Take for example, two Ethereum based protocols, Uniswap and Curve. Curve is advantageous when swapping between tokens as it has less slippage and less price impact. There is also the benefit of directly swapping between tokens in pools without having to re-route trades in multiple steps.

#### What is multi-strategy? Why is it special?

By having multiple strategies simultaneously, Belt.fi minimizes dependence on any one protocol at once. Essentially, this protects you from low-liquidity withdrawal pains.

Using Belt Finance also means that you do not actively need to move around your assets to find optimal yield. We do it for you. Even better, we auto-compound it and give you BELT rewards.

Our pools/vaults use multiple strategies simultaneously and this guarantees the most reliable, highest yield across all of BSC, HECO Chain, and Klaytn DeFi.

#### What happens with the Belt multi-strategy pools/vaults if one protocol fails? Is multi-strategy more risky?

We didn’t just haphazadly put in strategies and only chose what we consider to be the trustable, stable protocols and we’re in open communication with the teams. We always urge users to DYOR but we think multi-strat really hedges risk while delivering the highest yield possible.

And as we offer the choice between going with the 4belt pool and the existing venus pool , users that want to only stay in venus can choose that pool.

Another way of viewing this is that your risk is spread across multiple protocols instead of being all in 1 protocol. Also, in the case that one protocol fails, the losses are spread across all of the pool users, so you won’t be affected as greatly.


# Contracts overview

## Contract architecture

( Updated 2021/ 3 / 1 )

* Diagram is based on live deployed
* Belt.fi have two contract group ( Vaults and AMM with Yield )
*

<img src="https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-8cec4ad7e91288409afec4a64e2a1cda5382b26f%2Fimage%20(12).png?alt=media" alt="" data-size="original">

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-be91550e5b1f9553cf6ab4007f9d9d8baf27d98c%2Fimage%20\(14\).png?alt=media)

## Contract list

* BELT Token
  * Code
    * <https://github.com/BeltFi/belt-contract/blob/main/contracts/bsc/BeltToken.sol>
  * Description
    * BEP-20 BELT token contract
* MasterBelt
  * Code
    * <https://github.com/BeltFi/belt-contract/blob/main/contracts/bsc/earn/MasterBelt.sol>
  * Description
    * Mint BELT token
    * Manages pools and Distribute BELT token to pools according to their points allocated
    * Calculating pendingBELT for claim
* BeltStrategies
  * Code
    * <https://github.com/BeltFi/belt-contract/tree/main/contracts/bsc/earnV2/strategies>
    * <https://github.com/BeltFi/belt-contract/tree/main/contracts/bsc/earnV2/strategiesV2>
  * Description
    * All of the strategy codes that BELT finance is running to earn interests for the assets deposited
* BeltSingleStrategyToken
  * Code
    * <https://github.com/BeltFi/belt-contract/blob/main/contracts/bsc/earnV2/tokens/SingleStrategyTokenImpl.sol>
    * <https://github.com/BeltFi/belt-contract/blob/main/contracts/bsc/earnV2/tokens/SingleStrategyTokenImpl2.sol>
  * Description
    * A SingleStrategyToken that uses one of the BeltStrategies
    * A user will receive shares by depositing assets to the SingleStrategyToken contract.
      * The shares returned will be proportional to the amount the user deposited
    * A user will receive original assets by turning in shares to the SingleStrategyToken contract
      * The assets returned will be proportional to the shares returned
    * The difference between SingleStrategyToken, SingleStrategyToken2:

      the first one has some interval in moving assets to the strategy(before that the assets remains in the SingleStrategyToken contract), whereas the second one instantly moves every assets to the strategy.
* BeltMultiStrategyToken
  * Code
    * <https://github.com/BeltFi/belt-contract/blob/main/contracts/bsc/earnV2/tokens/MultiStrategyTokenImpl.sol>
  * Description
    * A MultiStrategyToken contract has multiple strategies
    * Every one of MultiStrategyToken's strategy is a SingleStrategyToken contract.
    * A user will receive shares by depositing assets to the MultiStrategyToken contract.
      * The shares returned will be proportional to the amount the user deposited
    * A user will receive original assets by turning in shares to the MultiStrategyToken contract
      * The assets returned will be proportional to the shares returned
    * Each strategy used in the MultiStrategyToken has a ratio value assigned to it and there are ideal balances for each strategy calculated based on its ratio value assigned
    * When a user deposits, the assets are moved to a strategy most off from its ideal balance but only accounts strategies whose balances are smaller than its ideal balance (a.k.a most insufficient strategy)
    * When a user withdraws(turns in shares), the assets are withdrawn from

      1\. a strategy most off from its ideal balance and whose balances are greater than its ideal balance (a.k.a most sufficient strategy)

      2\. if the strategy from step 1. did not suffice then a strategy that has the most balance irrelevant from its ratio (a.k.a most locked strategy)

      3\. if the strategy from step 2. did not suffice, the transaction fails.
* BeltLPTokenv2
  * Code
    * <https://github.com/BeltFi/belt-contract/blob/main/contracts/bsc/swapV2/BeltLPTokenv2.vy>
  * Description
    * The LP token of 4belt stable swap
* StableSwapBv2
  * Code
    * <https://github.com/BeltFi/belt-contract/blob/main/contracts/bsc/swapV2/StableSwapBv2.vy>
  * Description
    * A stable swap between pool member tokens
    * Each member in the stable swap is a USD pegged multi strategy token
* DepositBv2
  * Code
    * <https://github.com/BeltFi/belt-contract/blob/main/contracts/bsc/swapV2/DepositBv2.vy>
  * Description
    * Depositor for the 4belt stable swap
    * Takes in USD pegged assets and returns a 4belt LP token to the user
* VaultBPool
  * BeltLPToken vaults
    * Code
      * <https://github.com/BeltFi/belt-contract/blob/main/contracts/bsc/earn/strategies/VaultBPool.sol>
    * Description
      * Vaults of BeltLPToken
* CakeLPToken vaults
  * Code
    * <https://github.com/BeltFi/belt-contract/blob/main/contracts/bsc/earn/strategies/VaultCakePool.sol>
  * Description
    * Vaults of CakeLPToken


# Contract operation & security

Further description of operation and security of the contracts. Please refer to the contracts overview for more information on these contracts.

## BELT Token Contract Operations

In regards to the BELT token, it is important to distinguish between the CLAIMER and OWNER:

* **\[ONLY CLAIMER]** claimInitialSupply(uint \_amount)
* **\[ONLY OWNER]** mint(address \_to, uint256 \_amount)

The **CLAIMER** is a team controlled wallet (EOA) that has the permission to claim the initial supply, which is 200,000 BELT Tokens. When this wallet claims this initial supply, the supply will be minted. Refer to the BELT token section for details on how this supply is/was used.

The **OWNER** is controlled by the MasterBelt contract. Rest assured, the team has no way to haphazardly Mint the tokens.

## MasterBelt Contract Operations

In regards to the MasterBelt Contract Write operations, it is important to understand what they do and how things are actually controlled. The two important write operations are:

* **\[ONLY OWNER]** add(uint256 \_allocPoint,IERC20 \_want,bool \_withUpdate,address \_strat)
* **\[ONLY OWNER]** set(uint256 \_pid,uint256 \_allocPoint,bool \_withUpdate)

The "add" means that more staking pools can be added. The "set" means that the mining allocation rate per pool is set.

These are initially controlled by the team controlled wallet (EOA). When governance it set, however, this will fully be controlled through governance consensus.

## Swap Contract Operations

In regards to the swap contract:

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-144f89079f651a67df2e8e27962adca4bb4d342f%2FScreen%20Shot%202021-03-05%20at%206.10.32%20PM.png?alt=media)

Note that there are KILLABLE functions and unkillable functions. While the team has permission over the KILLABLE functions, the "remove\_liquidity" function cannot be stopped.

This means that whatever the case, users will always be able to remove the liquidity they added.

The OWNER permissions of setting the parameters (fees, buyback, etc) are currently held by a team controlled wallet (EOA). The burnt BELT will be transparently shown on the Belt.fi website.

When governance is set, these parameters will be changed through governance consensus.

## Contract Timelock

There is a 24 hour timelock in place. Any changes to the contracts take 24 hours to be applied.


# Contract deployed info

[For HECO Belt Contracts, click here](/contracts/contract-deployed-info/heco-belt-contracts)

[For KLAYTN Belt Contracts, click here](/contracts/contract-deployed-info/klaytn-belt-contracts)

## \[BETA (v1)]

| Contract                        | Address                                                                                                                   |
| ------------------------------- | ------------------------------------------------------------------------------------------------------------------------- |
| **BELT**                        | [0xE0e514c71282b6f4e823703a39374Cf58dc3eA4f](https://bscscan.com/address/0xE0e514c71282b6f4e823703a39374Cf58dc3eA4f#code) |
| **MasterBelt**                  | [0xD4BbC80b9B102b77B21A06cb77E954049605E6c1](https://bscscan.com/address/0xd4bbc80b9b102b77b21a06cb77e954049605e6c1#code) |
| **bDAIStratVLEV** (deprecated)  | [0xd49CB5B097E9F0B51B3C61C5127A9c35BDeC7051](https://bscscan.com/address/0xd49CB5B097E9F0B51B3C61C5127A9c35BDeC7051#code) |
| **bDAI** (deprecated)           | [0xFDb22e3bF935C1C94254F050BBe093563f533534](https://bscscan.com/address/0xFDb22e3bF935C1C94254F050BBe093563f533534#code) |
| **bDAIGov** (deprecated)        | [0x224BF96bd2E506FA59B0D67d20AaB39a9574efA1](https://bscscan.com/address/0x224BF96bd2E506FA59B0D67d20AaB39a9574efA1)      |
| **bUSDCStratVLEV** (deprecated) | [0xeD77Ce44feFE9D90b61e23c36250E9A7AD440a07](https://bscscan.com/address/0xeD77Ce44feFE9D90b61e23c36250E9A7AD440a07#code) |
| **bUSDC** (deprecated)          | [0x08BED6851CADc4EFc91147E3Ca63C39406B31a2D](https://bscscan.com/address/0x08BED6851CADc4EFc91147E3Ca63C39406B31a2D#code) |
| **bUSDCGov** (deprecated)       | [0x6C1e403240D11e9514AD6C40cfA6Ee88a8a10739](https://bscscan.com/address/0x6C1e403240D11e9514AD6C40cfA6Ee88a8a10739#code) |
| **bUSDTStratVLEV** (deprecated) | [0x8c680d7eC5C8B980bF8cD73001865B80eA7C629b](https://bscscan.com/address/0x8c680d7eC5C8B980bF8cD73001865B80eA7C629b#code) |
| **bUSDT** (deprecated)          | [0x56A9452024AE2dEdB01e1179AcB1c152d50C0145](https://bscscan.com/address/0x56A9452024AE2dEdB01e1179AcB1c152d50C0145#code) |
| **bUSDTGov** (deprecated)       | [0xa6464E891FfD3A3a46ECC4BCEDf5EA8f6A90F76A](https://bscscan.com/address/0xa6464E891FfD3A3a46ECC4BCEDf5EA8f6A90F76A#code) |
| **bBUSDStratVLEV** (deprecated) | [0xC31cf50C3559329ed83D87f09af3884E935f2873](https://bscscan.com/address/0xC31cf50C3559329ed83D87f09af3884E935f2873#code) |
| **bBUSD** (deprecated)          | [0x7c8Dd1e39cD8142414f24f0bA80638b2E2fa5234](https://bscscan.com/address/0x7c8Dd1e39cD8142414f24f0bA80638b2E2fa5234#code) |
| **bBUSDGov** (deprecated)       | [0x3F52620092CFBA45aE9a303eFEe0de8fa81E1A6D](https://bscscan.com/address/0x3F52620092CFBA45aE9a303eFEe0de8fa81E1A6D#code) |
| **BeltLPToken** (deprecated)    | [0x86aFa7ff694Ab8C985b79733745662760e454169](https://bscscan.com/address/0x86aFa7ff694Ab8C985b79733745662760e454169#code) |
| **StableSwapB** (deprecated)    | [0xF16D312d119c13dD27fD0dC814b0bCdcaAa62dfD](https://bscscan.com/address/0xF16D312d119c13dD27fD0dC814b0bCdcaAa62dfD#code) |
| **DepositB** (deprecated)       | [0xf157A4799bE445e3808592eDd7E7f72150a7B050](https://bscscan.com/address/0xf157A4799bE445e3808592eDd7E7f72150a7B050#code) |
| **VaultBPool** (deprecated)     | [0xeff8B733f12Ae6902409047c44AD3ee0Bf58f201](https://bscscan.com/address/0xeff8B733f12Ae6902409047c44AD3ee0Bf58f201#code) |
| **CakeVaultBPool** (deprecated) | [0x224172206bd6d089E6B16fFCD77876B1D092E5AF](https://bscscan.com/address/0x224172206bd6d089E6B16fFCD77876B1D092E5AF#code) |
| **ViewContract** (deprecated)   | [0x9137a703756a931db7d2598Cb00E8A69B324D319](https://bscscan.com/address/0x9137a703756a931db7d2598Cb00E8A69B324D319#code) |
| **BeltRouter** (deprecated)     | [0x70897189b10b5F145e9CF3384146a4bbA9914a72](https://bscscan.com/address/0x70897189b10b5F145e9CF3384146a4bbA9914a72#code) |
| **BeltView** (deprecated)       | [0x7B5c5Da87aF373F7382e59eEbee0d550D276de2c](https://bscscan.com/address/0x7B5c5Da87aF373F7382e59eEbee0d550D276de2c#code) |

## v2 Contracts

### 4Belt Pool

| Contract               | Address                                                                                                              |
| ---------------------- | -------------------------------------------------------------------------------------------------------------------- |
| **BeltLPToken(4Belt)** | [0x9cb73F20164e399958261c289Eb5F9846f4D1404](https://bscscan.com/address/0x9cb73F20164e399958261c289Eb5F9846f4D1404) |
| **StableSwapB**        | [0xAEA4f7dcd172997947809CE6F12018a6D5c1E8b6](https://bscscan.com/address/0xAEA4f7dcd172997947809CE6F12018a6D5c1E8b6) |
| **DepositB**           | [0xF6e65B33370Ee6A49eB0dbCaA9f43839C1AC04d5](https://bscscan.com/address/0xF6e65B33370Ee6A49eB0dbCaA9f43839C1AC04d5) |

###

### BTC Vault

| Contract                         | Address                                                                                                              |
| -------------------------------- | -------------------------------------------------------------------------------------------------------------------- |
| **StrategyAuto** (deprecated)    | [0x0a5F28fbc21F06D307f92A6488125bb45D982309](https://bscscan.com/address/0x0a5F28fbc21F06D307f92A6488125bb45D982309) |
| **bAutoBTC** (deprecated)        | [0x40F04D6c3a7e2B7217B45bDfbCdBA49487f15E72](https://bscscan.com/address/0x40F04D6c3a7e2B7217B45bDfbCdBA49487f15E72) |
| **StrategyAcrypto** (deprecated) | [0x4dcF4e3292740C3ac884fDE0c4A5c7E2cdBA7236](https://bscscan.com/address/0x4dcF4e3292740C3ac884fDE0c4A5c7E2cdBA7236) |
| **bAcryptoBTC** (deprecated)     | [0x2Fa1C30a70c539bde3081345555EF2C3e83F1Ca1](https://bscscan.com/address/0x2Fa1C30a70c539bde3081345555EF2C3e83F1Ca1) |
| **StrategyFortube** (deprecated) | [0x05B36a99EB71F6C89F8222cb06109602D53d1773](https://bscscan.com/address/0x05B36a99EB71F6C89F8222cb06109602D53d1773) |
| **StrategyFortubeV2**            | [0xB29bb76895438514764b1E62dF409088b04d6F01](https://bscscan.com/address/0xB29bb76895438514764b1E62dF409088b04d6F01) |
| **bFortubeBTC**                  | [0x4F52533c9504Df756ecdFD311A8B846a59422e4e](https://bscscan.com/address/0x4F52533c9504Df756ecdFD311A8B846a59422e4e) |
| **StrategyVenusV2** (deprecated) | [0xDFdefD74fc5d1603E237392409898E70B41CA78e](https://bscscan.com/address/0xDFdefD74fc5d1603E237392409898E70B41CA78e) |
| **StrategyVenusV3**              | [0xb6d97Ec31048610289a2D04A5eb76697D6b936AC](https://bscscan.com/address/0xb6d97Ec31048610289a2D04A5eb76697D6b936AC) |
| **bVenusBTC**                    | [0x3cdd556c882dBEB4A0F3444de6d76E12618c9100](https://bscscan.com/address/0x3cdd556c882dBEB4A0F3444de6d76E12618c9100) |
| **StrategyAlpaca**               | [0xf6D764cCA871876767d8E00779FE80267BF25dA9](https://bscscan.com/address/0xf6D764cCA871876767d8E00779FE80267BF25dA9) |
| **bAlpacaBTC**                   | [0x3bD71Fd8633aE42c2496C6BdF9Dcb141157e6492](https://bscscan.com/address/0x3bD71Fd8633aE42c2496C6BdF9Dcb141157e6492) |
| **StrategyVoidV2**               | [0xFD9895BaA9bD393DAD2b0D5a9D043c2608F093fd](https://bscscan.com/address/0xFD9895BaA9bD393DAD2b0D5a9D043c2608F093fd) |
| **bVoidV2BTC**                   | [0xcb3346AD40C947A2228b2E224C3931A5224bA7Ad](https://bscscan.com/address/0xcb3346AD40C947A2228b2E224C3931A5224bA7Ad) |
| **beltBTC**                      | [0x51bd63F240fB13870550423D208452cA87c44444](https://bscscan.com/address/0x51bd63F240fB13870550423D208452cA87c44444) |

###

### ETH Vault

| Contract                         | Address                                                                                                              |
| -------------------------------- | -------------------------------------------------------------------------------------------------------------------- |
| **StrategyAuto** (deprecated)    | [0x0c3cc94C8Bfb8E57854F507BB5a446efFd7a92F0](https://bscscan.com/address/0x0c3cc94C8Bfb8E57854F507BB5a446efFd7a92F0) |
| **bAutoETH** (deprecated)        | [0x01783f31da1D589720030aBf6c62531c0e02e0c9](https://bscscan.com/address/0x01783f31da1D589720030aBf6c62531c0e02e0c9) |
| **StrategyAcrypto** (deprecated) | [0xDb55489B2F51daDfadA5aF7C53CC5ab51d63c589](https://bscscan.com/address/0xDb55489B2F51daDfadA5aF7C53CC5ab51d63c589) |
| **bAcryptoETH** (deprecated)     | [0x9C1Fa07c7e1A0073A8AD30ede103c6c51bB62A0f](https://bscscan.com/address/0x9C1Fa07c7e1A0073A8AD30ede103c6c51bB62A0f) |
| **StrategyFortube** (deprecated) | [0x129dD80DF88f46535BD36d393B306DBAE9d5FC23](https://bscscan.com/address/0x129dD80DF88f46535BD36d393B306DBAE9d5FC23) |
| **StrategyFortubeV2**            | [0x6Ef9f79C4cD898843F960F3d5Eb025Bb32cC6c82](https://bscscan.com/address/0x6Ef9f79C4cD898843F960F3d5Eb025Bb32cC6c82) |
| **bFortubeETH**                  | [0xDCfE3Ca4863059AE2DA63C7fdea04541BEa178F9](https://bscscan.com/address/0xDCfE3Ca4863059AE2DA63C7fdea04541BEa178F9) |
| **StrategyVenusV2** (deprecated) | [0x07079238e272655a3265593A86d2f9d182d6f2b0](https://bscscan.com/address/0x07079238e272655a3265593A86d2f9d182d6f2b0) |
| **StrategyVenusV3**              | [0x504ff86d1165f120eaFD5bF3bBa2Cc50B0F9b1D7](https://bscscan.com/address/0x504ff86d1165f120eaFD5bF3bBa2Cc50B0F9b1D7) |
| **bVenusETH**                    | [0x7d0168E0bC515c3501D293C18354DA2623b7C310](https://bscscan.com/address/0x7d0168E0bC515c3501D293C18354DA2623b7C310) |
| **StrategyAlpaca**               | [0xA81650535Be191Df2ac2A7900f3b675dC83076e8](https://bscscan.com/address/0xA81650535Be191Df2ac2A7900f3b675dC83076e8) |
| **bAlpacaETH**                   | [0x50Cd943D2d572E2eB35F75E06102162B72DB35D2](https://bscscan.com/address/0x50Cd943D2d572E2eB35F75E06102162B72DB35D2) |
| **StrategyVoidV2**               | [0x656b810cf085093b3a018Ad9D3E533B803bf829c](https://bscscan.com/address/0x656b810cf085093b3a018Ad9D3E533B803bf829c) |
| **bVoidV2ETH**                   | [0x9A144edD7309bCc4e106A1a04E7Fc402115a0980](https://bscscan.com/address/0x9A144edD7309bCc4e106A1a04E7Fc402115a0980) |
| **beltETH**                      | [0xAA20E8Cb61299df2357561C2AC2e1172bC68bc25](https://bscscan.com/address/0xAA20E8Cb61299df2357561C2AC2e1172bC68bc25) |

###

### BNB Vault

| Contract                         | Address                                                                                                              |
| -------------------------------- | -------------------------------------------------------------------------------------------------------------------- |
| **StrategyAuto** (deprecated)    | [0x46Aaa8AbA8BeFA4C19864e94c81e4C8D28a260Eb](https://bscscan.com/address/0x46Aaa8AbA8BeFA4C19864e94c81e4C8D28a260Eb) |
| **bAutoBNB** (deprecated)        | [0xB8a8401d335B6c9FF6b56ae9ffE06342209b578F](https://bscscan.com/address/0xB8a8401d335B6c9FF6b56ae9ffE06342209b578F) |
| **StrategyAcrypto** (deprecated) | [0x3Ae002888e1BEcc3b67150315de8A487B8CaC3a9](https://bscscan.com/address/0x3Ae002888e1BEcc3b67150315de8A487B8CaC3a9) |
| **bAcryptoBNB** (deprecated)     | [0xcaB590e347F18CC0809a2BAbFb9Dde429C518572](https://bscscan.com/address/0xcaB590e347F18CC0809a2BAbFb9Dde429C518572) |
| **alphaStrategy**                | [0x67fc8d24A4E59357eFD3614D5122E9e3bAD1FC6E](https://bscscan.com/address/0x67fc8d24A4E59357eFD3614D5122E9e3bAD1FC6E) |
| **bAlphaBNB**                    | [0xEcB589831eefBdbBc48D1f86294724c76Acd3314](https://bscscan.com/address/0xEcB589831eefBdbBc48D1f86294724c76Acd3314) |
| **StrategyFortube** (deprecated) | [0xecEdc4Db24D1a51152C105a03a2A02F2A16F23FA](https://bscscan.com/address/0xecEdc4Db24D1a51152C105a03a2A02F2A16F23FA) |
| **StrategyFortubeV2**            | [0xbFC72d6421352e2E25fD5E1a1f11eBA138c6910f](https://bscscan.com/address/0xbFC72d6421352e2E25fD5E1a1f11eBA138c6910f) |
| **bFortubeBNB**                  | [0x5AcE08Ff6D79663f9bF90686744C214317d0Df8E](https://bscscan.com/address/0x5AcE08Ff6D79663f9bF90686744C214317d0Df8E) |
| **StrategyVenusV2** (deprecated) | [0x8c226038CE06761ebA9C08C81DD2e4720f8E9747](https://bscscan.com/address/0x8c226038CE06761ebA9C08C81DD2e4720f8E9747) |
| **StrategyVenusV3**              | [0x1e89dd751Ba1C77B39e62131dE5266796d2D201D](https://bscscan.com/address/0x1e89dd751Ba1C77B39e62131dE5266796d2D201D) |
| **bVenusBNB**                    | [0x24E91AC6D37655474B3e2F01118FF0e8CEafE019](https://bscscan.com/address/0x24E91AC6D37655474B3e2F01118FF0e8CEafE019) |
| **StrategyAlpaca**               | [0x0843cba3fB7FAc1e12Ad3945457Aa6f9816d1577](https://bscscan.com/address/0x0843cba3fB7FAc1e12Ad3945457Aa6f9816d1577) |
| **bAlpacaBNB**                   | [0xE096B123f854A107AB96318B236eac40a30EAf67](https://bscscan.com/address/0xE096B123f854A107AB96318B236eac40a30EAf67) |
| **StrategyVoidV2**               | [0xC43eB5201002C8df77d1Ab3038a3B0cBdE25b7a0](https://bscscan.com/address/0xC43eB5201002C8df77d1Ab3038a3B0cBdE25b7a0) |
| **bVoidV2BNB**                   | [0x5142F6857f029BED5dDF6247D8a1f75984a3a380](https://bscscan.com/address/0x5142F6857f029BED5dDF6247D8a1f75984a3a380) |
| **beltBNB**                      | [0xa8Bb71facdd46445644C277F9499Dd22f6F0A30C](https://bscscan.com/address/0xa8Bb71facdd46445644C277F9499Dd22f6F0A30C) |

###

### BUSD Vault

| Contract                         | Address                                                                                                              |
| -------------------------------- | -------------------------------------------------------------------------------------------------------------------- |
| **StrategyAuto** (deprecated)    | [0x402a1Ab52Be3778Bbe68bE3609B13e95B0DEae1a](https://bscscan.com/address/0x402a1Ab52Be3778Bbe68bE3609B13e95B0DEae1a) |
| **bAutoBUSD** (deprecated)       | [0x4eccA0a9649329628B77A7D213eacDd5B3431f73](https://bscscan.com/address/0x4eccA0a9649329628B77A7D213eacDd5B3431f73) |
| **StrategyAcrypto** (deprecated) | [0xDBb44B845774b063eEb8C13eF596abf8a97D0dE1](https://bscscan.com/address/0xDBb44B845774b063eEb8C13eF596abf8a97D0dE1) |
| **bAcryptoBUSD** (deprecated)    | [0x25eC24614113a074b3802F20929B3c66B4BFd121](https://bscscan.com/address/0x25eC24614113a074b3802F20929B3c66B4BFd121) |
| **StrategyFortube** (deprecated) | [0xF4de54b68022B7bE54f64e46e498C6523304Fe0c](https://bscscan.com/address/0xF4de54b68022B7bE54f64e46e498C6523304Fe0c) |
| **StrategyFortubeV2**            | [0x5798C3573f06f5bD1ACCcf07De3B647734714076](https://bscscan.com/address/0x5798C3573f06f5bD1ACCcf07De3B647734714076) |
| **bFortubeBUSD**                 | [0x090F22Ca2E3429f1f4Dd38052Cb451653e98F0C2](https://bscscan.com/address/0x090F22Ca2E3429f1f4Dd38052Cb451653e98F0C2) |
| **StrategyVenusV2** (deprecated) | [0xA6C8a1cF8Ebc3C312b44003A42D7eA72ddDED5b6](https://bscscan.com/address/0xA6C8a1cF8Ebc3C312b44003A42D7eA72ddDED5b6) |
| **StrategyVenusV3**              | [0x7A8FCEAF603cf0710CF55113D6AE7fFE38D19862](https://bscscan.com/address/0x7A8FCEAF603cf0710CF55113D6AE7fFE38D19862) |
| **bVenusBUSD**                   | [0x53a53A9E10aBe9d18D009F6F962f51dC8b1D6EDc](https://bscscan.com/address/0x53a53A9E10aBe9d18D009F6F962f51dC8b1D6EDc) |
| **StrategyEllipsis**             | [0x4cDB64Df300A2B8F6F0e5c72909b9fBcf3b3F135](https://bscscan.com/address/0x4cDB64Df300A2B8F6F0e5c72909b9fBcf3b3F135) |
| **bEllipsisBUSD**                | [0x2ec2DDD12566B66f4Da248B1Ecdee8619b5C56cd](https://bscscan.com/address/0x2ec2DDD12566B66f4Da248B1Ecdee8619b5C56cd) |
| **StrategyAlpaca**               | [0xcce88A5AA1e82CD8b765472Ced6D56fF2c8d3Df6](https://bscscan.com/address/0xcce88A5AA1e82CD8b765472Ced6D56fF2c8d3Df6) |
| **bAlpacaBUSD**                  | [0xe12135207747d2eC1D1F0Aabd4535E6EE08B853B](https://bscscan.com/address/0xe12135207747d2eC1D1F0Aabd4535E6EE08B853B) |
| **StrategyVoidV2**               | [0xFa9D55956BECFB41dB1c9c001Bb3fE67a10e4538](https://bscscan.com/address/0xFa9D55956BECFB41dB1c9c001Bb3fE67a10e4538) |
| **bVoidV2BUSD**                  | [0x87c6668D33f224FE00ADb3EF85A4a5AB4d5BF257](https://bscscan.com/address/0x87c6668D33f224FE00ADb3EF85A4a5AB4d5BF257) |
| **beltBUSD**                     | [0x9171Bf7c050aC8B4cf7835e51F7b4841DFB2cCD0](https://bscscan.com/address/0x9171Bf7c050aC8B4cf7835e51F7b4841DFB2cCD0) |

###

### USDT Vault

| Contract                         | Address                                                                                                              |
| -------------------------------- | -------------------------------------------------------------------------------------------------------------------- |
| **StrategyAuto** (deprecated)    | [0x62c01A2aa429080faC343d8Bdbc8ae7458ef79d7](https://bscscan.com/address/0x62c01A2aa429080faC343d8Bdbc8ae7458ef79d7) |
| **bAutoUSDT** (deprecated)       | [0x40928F9Ed7A77E901420f147255318c8E4c889Dd](https://bscscan.com/address/0x40928F9Ed7A77E901420f147255318c8E4c889Dd) |
| **StrategyAcrypto** (deprecated) | [0xB3323b3fb3Bccd2EEE9CCa346361924995a39de3](https://bscscan.com/address/0xB3323b3fb3Bccd2EEE9CCa346361924995a39de3) |
| **bAcryptoUSDT** (deprecated)    | [0xEB1f97555021e29a758E2c9D80A50156869BebA4](https://bscscan.com/address/0xEB1f97555021e29a758E2c9D80A50156869BebA4) |
| **StrategyFortube** (deprecated) | [0xEfa8fC3613125a886b4a4978aFC06562E2fF0D4A](https://bscscan.com/address/0xEfa8fC3613125a886b4a4978aFC06562E2fF0D4A) |
| **StrategyFortubeV2**            | [0x708b41de7E38aEA812B5Bd37eB906067cE9EC6B8](https://bscscan.com/address/0x708b41de7E38aEA812B5Bd37eB906067cE9EC6B8) |
| **bFortubeUSDT**                 | [0xBa2F7cB88d818bBa7E932310f49D754Eb29eb2eF](https://bscscan.com/address/0xBa2F7cB88d818bBa7E932310f49D754Eb29eb2eF) |
| **StrategyVenusV2** (deprecated) | [0xa26f1893F3FD231f192f56756aE349329B280cb2](https://bscscan.com/address/0xa26f1893F3FD231f192f56756aE349329B280cb2) |
| **StrategyVenusV3**              | [0xf31D585c18e411b956388CaD051F31be235A854e](https://bscscan.com/address/0xf31D585c18e411b956388CaD051F31be235A854e) |
| **bVenusUSDT**                   | [0xdBCb0FAEbEd3484f0F66A08A2551EF6C92667841](https://bscscan.com/address/0xdBCb0FAEbEd3484f0F66A08A2551EF6C92667841) |
| **StrategyEllipsis**             | [0x5aDDC4C70eeCd53945ab75E2a86865C20F4a52dD](https://bscscan.com/address/0x5aDDC4C70eeCd53945ab75E2a86865C20F4a52dD) |
| **bEllipsisUSDT**                | [0x52f5159335569889092582Da9086Ed36B1C72452](https://bscscan.com/address/0x52f5159335569889092582Da9086Ed36B1C72452) |
| **StrategyAlpaca**               | [0x8D6bc5ac45f847Ca5a21bd947662309f4b19B700](https://bscscan.com/address/0x8D6bc5ac45f847Ca5a21bd947662309f4b19B700) |
| **bAlpacaUSDT**                  | [0x190a6f733E0Cd19d4040Ac4A2D9999ec90Cb5181](https://bscscan.com/address/0x190a6f733E0Cd19d4040Ac4A2D9999ec90Cb5181) |
| **StrategyVoidV2**               | [0x4e1Af52DB55DF2c802C597dcF2638c49fa367687](https://bscscan.com/address/0x4e1Af52DB55DF2c802C597dcF2638c49fa367687) |
| **bVoidV2USDT**                  | [0x48F7FBEA3781b95a9AC1ceDb3d277BC3570BDcab](https://bscscan.com/address/0x48F7FBEA3781b95a9AC1ceDb3d277BC3570BDcab) |
| **beltUSDT**                     | [0x55E1B1e49B969C018F2722445Cd2dD9818dDCC25](https://bscscan.com/address/0x55E1B1e49B969C018F2722445Cd2dD9818dDCC25) |

###

### USDC Vault

| Contract                         | Address                                                                                                              |
| -------------------------------- | -------------------------------------------------------------------------------------------------------------------- |
| **StrategyAuto** (deprecated)    | [0x9F19EA8d8B81af5516dDE6683bAC9b9c72A337f8](https://bscscan.com/address/0x9F19EA8d8B81af5516dDE6683bAC9b9c72A337f8) |
| **bAutoUSDC** (deprecated)       | [0xaaA2CBD03CB3211666e88d5daa62d5bc7B28fa40](https://bscscan.com/address/0xaaA2CBD03CB3211666e88d5daa62d5bc7B28fa40) |
| **StrategyAcrypto** (deprecated) | [0x01D4ed43b3cdb7a172B86937c75DDA207408B925](https://bscscan.com/address/0x01D4ed43b3cdb7a172B86937c75DDA207408B925) |
| **bAcryptoUSDC** (deprecated)    | [0x5fFB0ea175015060Fe929ad724cda38DfA701C2B](https://bscscan.com/address/0x5fFB0ea175015060Fe929ad724cda38DfA701C2B) |
| **StrategyFortube** (deprecated) | [0x72503a6c85e3cBb459Fdf76ceFF514a86EF33376](https://bscscan.com/address/0x72503a6c85e3cBb459Fdf76ceFF514a86EF33376) |
| **StrategyFortubeV2**            | [0x3Cfd23f5d819adc91b3ca97722692FA13e137124](https://bscscan.com/address/0x3Cfd23f5d819adc91b3ca97722692FA13e137124) |
| **bFortubeUSDC**                 | [0x94065E5740b9C0560bE9B830dA0b2896Da5F86D8](https://bscscan.com/address/0x94065E5740b9C0560bE9B830dA0b2896Da5F86D8) |
| **StrategyVenusV2** (deprecated) | [0xc06D8B505b0e429bE57B95F9BEe1C234Ef02C8C8](https://bscscan.com/address/0xc06D8B505b0e429bE57B95F9BEe1C234Ef02C8C8) |
| **StrategyVenusV3**              | [0xC4857453b83201f5359FCb4eF43928DfC55c63FC](https://bscscan.com/address/0xC4857453b83201f5359FCb4eF43928DfC55c63FC) |
| **bVenusUSDC**                   | [0x1bAf2F9c47D142BE08ec3b73b92137752f1121ce](https://bscscan.com/address/0x1bAf2F9c47D142BE08ec3b73b92137752f1121ce) |
| **StrategyEllipsis**             | [0xb7Ba6296c577E67a908304AfFE744C6838157195](https://bscscan.com/address/0xb7Ba6296c577E67a908304AfFE744C6838157195) |
| **bEllipsisUSDC**                | [0xaCd9c79ae50D483f88cF94Fb09fcDCe9c678fB8d](https://bscscan.com/address/0xaCd9c79ae50D483f88cF94Fb09fcDCe9c678fB8d) |
| **StrategyVoidV2**               | [0xe4BA5Ae3C47c9Ae2e7FC288D5A466FC1F5E35E14](https://bscscan.com/address/0xe4BA5Ae3C47c9Ae2e7FC288D5A466FC1F5E35E14) |
| **bVoidV2USDC**                  | [0xeD8487acC0d124eFb5e8CfB5CF391CAEfbf99cbf](https://bscscan.com/address/0xeD8487acC0d124eFb5e8CfB5CF391CAEfbf99cbf) |
| **beltUSDC**                     | [0x7a59bf07D529A5FdBab67D597d63d7D5a83E61E5](https://bscscan.com/address/0x7a59bf07D529A5FdBab67D597d63d7D5a83E61E5) |

###

### DAI Vault

| Contract                         | Address                                                                                                              |
| -------------------------------- | -------------------------------------------------------------------------------------------------------------------- |
| **StrategyAcrypto** (deprecated) | [0xD6e1c1BDf5478E00458bba46d2dBb8e656E3Aa85](https://bscscan.com/address/0xD6e1c1BDf5478E00458bba46d2dBb8e656E3Aa85) |
| **bAcryptoDAI** (deprecated)     | [0xb6964F48C060f3dFdE2B56488208662DF3A7F427](https://bscscan.com/address/0xb6964F48C060f3dFdE2B56488208662DF3A7F427) |
| **StrategyFortube** (deprecated) | [0xADBA5a1B2C1F3380c47E3De0f40e0fE5AcF4afB0](https://bscscan.com/address/0xADBA5a1B2C1F3380c47E3De0f40e0fE5AcF4afB0) |
| **StrategyFortubeV2**            | [0x3AE8BE1A6D52C3c6ad90906f526D06A315915451](https://bscscan.com/address/0x3AE8BE1A6D52C3c6ad90906f526D06A315915451) |
| **bFortubeDAI**                  | [0x4b91Dac1229F41c4D322f5F0feA246F069Fb81a3](https://bscscan.com/address/0x4b91Dac1229F41c4D322f5F0feA246F069Fb81a3) |
| **StrategyVenusV2** (deprecated) | [0x9BaE577cFEA4F1BE81e5250984787f3e05e00593](https://bscscan.com/address/0x9BaE577cFEA4F1BE81e5250984787f3e05e00593) |
| **StrategyVenusV3**              | [0x0E6Ddcf8F1BF0879BDD50fB314757feA7b71fA9E](https://bscscan.com/address/0x0E6Ddcf8F1BF0879BDD50fB314757feA7b71fA9E) |
| **bVenusDAI**                    | [0x77328E0564D40430222fbc2cFAd333c032B01591](https://bscscan.com/address/0x77328E0564D40430222fbc2cFAd333c032B01591) |
| **StrategyVoidV2**               | [0x36a4BCb808288112F2934d57cab654DAf30a85AA](https://bscscan.com/address/0x36a4BCb808288112F2934d57cab654DAf30a85AA) |
| **bVoidV2DAI**                   | [0x27932f578128211f4C593F864ee2054B78F94992](https://bscscan.com/address/0x27932f578128211f4C593F864ee2054B78F94992) |
| **beltDAI**                      | [0x9A86fc508a423AE8a243445dBA7eD5364118AB1D](https://bscscan.com/address/0x9A86fc508a423AE8a243445dBA7eD5364118AB1D) |

###

### View Contracts

| Contract                       | Address                                                                                                              |
| ------------------------------ | -------------------------------------------------------------------------------------------------------------------- |
| **BeltView** (deprecated)      | [0xAdc7A8D6CC1633774622Ad872f31605545645691](https://bscscan.com/address/0xAdc7A8D6CC1633774622Ad872f31605545645691) |
| **BeltSwapView** (deprecated)  | [0xEDD598DbC6728a866416205dF02ac09Bb354140e](https://bscscan.com/address/0xEDD598DbC6728a866416205dF02ac09Bb354140e) |
| **BeltVaultView** (deprecated) | [0x1d9Ca31bCB79746e81e30f696c623BbC3FD7308f](https://bscscan.com/address/0x1d9Ca31bCB79746e81e30f696c623BbC3FD7308f) |
| **NewBeltView**                | [0xB543248F75fd9f64D10c247b5a57F142EFF88Aac](https://bscscan.com/address/0xB543248F75fd9f64D10c247b5a57F142EFF88Aac) |


# HECO Belt Contracts

## \[Launch Contracts]

### hBELT

| Contract  | Address                                                                                                               |
| --------- | --------------------------------------------------------------------------------------------------------------------- |
| **HBELT** | [0x8c517631a7cd20fc365aa9a4025955fcdaa11f57](https://hecoinfo.com/address/0x8c517631a7cd20fc365aa9a4025955fcdaa11f57) |

###

### 4Belt Pool

| Contract               | Address                                                                                                               |
| ---------------------- | --------------------------------------------------------------------------------------------------------------------- |
| **BeltLPToken(4Belt)** | [0x0E6a619E7b5B6005e99D67dbf4C1D659A1F93ADD](https://hecoinfo.com/address/0x0E6a619E7b5B6005e99D67dbf4C1D659A1F93ADD) |
| **StableSwapB**        | [0x50264baCD7a9e73D19438196AAfd73aB10E71dad](https://hecoinfo.com/address/0x0E6a619E7b5B6005e99D67dbf4C1D659A1F93ADD) |
| **DepositB**           | [0x6748D7915e2fB29D0b3B43467028C03b4da281a5](https://hecoinfo.com/address/0x6748D7915e2fB29D0b3B43467028C03b4da281a5) |

###

### MasterOrbit

| Contract                                  | Address                                                                                                               |
| ----------------------------------------- | --------------------------------------------------------------------------------------------------------------------- |
| **MasterOrbit**                           | [0x24B1652b0D9A3Dc82e06E35f8a2940D8591DFd11](https://hecoinfo.com/address/0x24B1652b0D9A3Dc82e06E35f8a2940D8591DFd11) |
| **BSC -> HECO Assistant(on BSC mainnet)** | [0xf2EEbF2dC45Bc7e3f744785C312C41307db85496](https://bscscan.com/address/0xf2EEbF2dC45Bc7e3f744785C312C41307db85496)  |

###

### BTC Vault

| Contract             | Address                                                                                                               |
| -------------------- | --------------------------------------------------------------------------------------------------------------------- |
| **StrategyChannels** | [0xFd3608D1397162F48d0B12bBd937E3A08C170567](https://hecoinfo.com/address/0xFd3608D1397162F48d0B12bBd937E3A08C170567) |
| **bChannelsBTC**     | [0xe8f67d3Dd4587E065d4abE8dCBe454E84526A715](https://hecoinfo.com/address/0xe8f67d3Dd4587E065d4abE8dCBe454E84526A715) |
| **StrategyFilda**    | [0xA11a82838b63BB0a2af07701Aa8F465B948756ce](https://hecoinfo.com/address/0xA11a82838b63BB0a2af07701Aa8F465B948756ce) |
| **bFildaBTC**        | [0x6D8C89C937B68352916904Cb9FB39BA3aCd05c75](https://hecoinfo.com/address/0x6D8C89C937B68352916904Cb9FB39BA3aCd05c75) |
| **StrategyLendHub**  | [0x80a95f5C832682c652de979cd06825c6E9830dcb](https://hecoinfo.com/address/0x80a95f5C832682c652de979cd06825c6E9830dcb) |
| **bLendHubBTC**      | [0x0bd7a237672BB287E31B80671704f83335E571f2](https://hecoinfo.com/address/0x0bd7a237672BB287E31B80671704f83335E571f2) |
| **StrategyVoidV2**   | [0x13F88Eae908E5A59341074cAa66B463C0913f1Bb](https://hecoinfo.com/address/0x13F88Eae908E5A59341074cAa66B463C0913f1Bb) |
| **bVoidV2BTC**       | [0x46e0898B8C480Bc3bF864a5C64Cd06940Ff33B4b](https://hecoinfo.com/address/0x46e0898B8C480Bc3bF864a5C64Cd06940Ff33B4b) |
| **beltBTC**          | [0x4Cd59EEB3a4D2fa5c35FD3dE0BA1723EeaF1D258](https://hecoinfo.com/address/0x4Cd59EEB3a4D2fa5c35FD3dE0BA1723EeaF1D258) |

###

### ETH Vault

| Contract             | Address                                                                                                               |
| -------------------- | --------------------------------------------------------------------------------------------------------------------- |
| **StrategyChannels** | [0xb8b00A34Ab71e4c715aC961fb6F1b22D053d8564](https://hecoinfo.com/address/0xb8b00A34Ab71e4c715aC961fb6F1b22D053d8564) |
| **bChannelsETH**     | [0x9d5E7AC92a7495EbCC0190964A3b90dfaFc2CF51](https://hecoinfo.com/address/0x9d5E7AC92a7495EbCC0190964A3b90dfaFc2CF51) |
| **StrategyFilda**    | [0x67Bb0bD833b61a4Fd87d0a6c26217eAA372F65E8](https://hecoinfo.com/address/0x67Bb0bD833b61a4Fd87d0a6c26217eAA372F65E8) |
| **bFildaETH**        | [0x7840c4C08ab91AB23F57018BF6202a64C7C67588](https://hecoinfo.com/address/0x7840c4C08ab91AB23F57018BF6202a64C7C67588) |
| **StrategyLendHub**  | [0x44F0e999a18f5B9c4F9dF1CB144dcCC4BB2d197b](https://hecoinfo.com/address/0x44F0e999a18f5B9c4F9dF1CB144dcCC4BB2d197b) |
| **bLendHubETH**      | [0x923C5DD2449d7DCc54a86635F9196BEB2a4921a1](https://hecoinfo.com/address/0x923C5DD2449d7DCc54a86635F9196BEB2a4921a1) |
| **StrategyVoidV2**   | [0x082D78ea12d7B6D46a7A3Db8D35A705557C62CFc](https://hecoinfo.com/address/0x082D78ea12d7B6D46a7A3Db8D35A705557C62CFc) |
| **bVoidV2ETH**       | [0x8434b37b493B27a1e679062210B74B4B22a66F38](https://hecoinfo.com/address/0x8434b37b493B27a1e679062210B74B4B22a66F38) |
| **beltETH**          | [0xB1493B7bc8e260B0b25235ae5c34B0dC201ce8C3](https://hecoinfo.com/address/0xB1493B7bc8e260B0b25235ae5c34B0dC201ce8C3) |

###

### HT Vault

| Contract             | Address                                                                                                               |
| -------------------- | --------------------------------------------------------------------------------------------------------------------- |
| **StrategyChannels** | [0xc666caf40c9163ee15d303d420eedb814e02caa3](https://hecoinfo.com/address/0xc666caf40c9163ee15d303d420eedb814e02caa3) |
| **bChannelsHT**      | [0x8d3a8a05e74c41edc6cd2cba2ec7fca0e1c611bb](https://hecoinfo.com/address/0x8d3a8a05e74c41edc6cd2cba2ec7fca0e1c611bb) |
| **StrategyFilda**    | [0xb8bd90e32f37ced177de4340eabac0d2bada52d1](https://hecoinfo.com/address/0xb8bd90e32f37ced177de4340eabac0d2bada52d1) |
| **bFildaHT**         | [0xff8376a18db1889abdf325cd28f37a12d2685b86](https://hecoinfo.com/address/0xff8376a18db1889abdf325cd28f37a12d2685b86) |
| **StrategyLendHub**  | [0x689854e72bd5226162b7a71b34e9d4c14dfb2f40](https://hecoinfo.com/address/0x689854e72bd5226162b7a71b34e9d4c14dfb2f40) |
| **bLendHubHT**       | [0xeb751332103b713b40321f86f5ab5468143c45aa](https://hecoinfo.com/address/0xeb751332103b713b40321f86f5ab5468143c45aa) |
| **StrategyVoidV2**   | [0x2FCDD04cc45a2c6014144D6Cdd11673aDe985dC8](https://hecoinfo.com/address/0x2FCDD04cc45a2c6014144D6Cdd11673aDe985dC8) |
| **bVoidV2HT**        | [0xD3E341FDfa1c71C138e59c088EeBC069e2CfF96e](https://hecoinfo.com/address/0xD3E341FDfa1c71C138e59c088EeBC069e2CfF96e) |
| **beltHT**           | [0x86f5c8eb736c95dd687182779edd792fef0fa674](https://hecoinfo.com/address/0x86f5c8eb736c95dd687182779edd792fef0fa674) |

###

### HUSD Vault

| Contract             | Address                                                                                                               |
| -------------------- | --------------------------------------------------------------------------------------------------------------------- |
| **StrategyChannels** | [0xc33A04be25b465C44832678714651120a22198a1](https://hecoinfo.com/address/0xc33A04be25b465C44832678714651120a22198a1) |
| **bChannelsHUSD**    | [0x5d790E3485aa6Dfe5b4F810C77CD7A41dF7B4CAC](https://hecoinfo.com/address/0x5d790E3485aa6Dfe5b4F810C77CD7A41dF7B4CAC) |
| **StrategyFilda**    | [0x08230aEb73CFB139A55DFE0A4540B72241425105](https://hecoinfo.com/address/0x08230aEb73CFB139A55DFE0A4540B72241425105) |
| **bFildaHUSD**       | [0xCC6c6d6a68f303DaEE2F75C3D0E8688987cad2d8](https://hecoinfo.com/address/0xCC6c6d6a68f303DaEE2F75C3D0E8688987cad2d8) |
| **StrategyLendHub**  | [0xf44158F6D184897aa0f30284Bd4477A419CbeF95](https://hecoinfo.com/address/0xf44158F6D184897aa0f30284Bd4477A419CbeF95) |
| **bLendHubHUSD**     | [0x00e517A416827720F00e61d9033E99426a6C3C63](https://hecoinfo.com/address/0x00e517A416827720F00e61d9033E99426a6C3C63) |
| **StrategyVoidV2**   | [0xF59069CF2C1d4f50c3725444138A774E8165dCa4](https://hecoinfo.com/address/0xF59069CF2C1d4f50c3725444138A774E8165dCa4) |
| **bVoidV2HUSD**      | [0x96a020e1B07089e92f67FbFf1b870E638bf5a711](https://hecoinfo.com/address/0x96a020e1B07089e92f67FbFf1b870E638bf5a711) |
| **beltHUSD**         | [0x0e564BC863c2072C47FB8f952062BD5bc673E142](https://hecoinfo.com/address/0x0e564BC863c2072C47FB8f952062BD5bc673E142) |

###

### USDT Vault

| Contract             | Address                                                                                                                    |
| -------------------- | -------------------------------------------------------------------------------------------------------------------------- |
| **StrategyChannels** | [0x4bE21765F43CbA527e33D32d7655a3e8c56a88e2](https://hecoinfo.com/address/0x4bE21765F43CbA527e33D32d7655a3e8c56a88e2)      |
| **bChannelsUSDT**    | [0xbca98b7049562B3BDA2E095fEf40626cf77Bc2f3](https://hecoinfo.com/address/0xbca98b7049562B3BDA2E095fEf40626cf77Bc2f3)      |
| **StrategyFilda**    | [0x24619e16fbFC26caFE2f1739a7df72fE632A94Ea](https://hecoinfo.com/address/0x24619e16fbFC26caFE2f1739a7df72fE632A94Ea)      |
| **bFildaUSDT**       | [0x871dA29944D9CAeB25e048e6196D27c683C33796](https://hecoinfo.com/address/0x871dA29944D9CAeB25e048e6196D27c683C33796)      |
| **StrategyLendHub**  | [0x69C8953D79f3C6A6Ee718c9d3f0f5b41a392358C](https://hecoinfo.com/address/0x69C8953D79f3C6A6Ee718c9d3f0f5b41a392358C#code) |
| **bLendHuUSDT**      | [0xCD70C61807130FcD68d8E2d0F32b2FB8be7A6C40](https://hecoinfo.com/address/0xCD70C61807130FcD68d8E2d0F32b2FB8be7A6C40)      |
| **StrategyVoidV2**   | [0x27599467dd2454FD01C88cA6724c793BF1e83D3f](https://hecoinfo.com/address/0x27599467dd2454FD01C88cA6724c793BF1e83D3f)      |
| **bVoidV2USDT**      | [0x280Ae883FD219a56ef5182799f324451eaFE201D](https://hecoinfo.com/address/0x280Ae883FD219a56ef5182799f324451eaFE201D)      |
| **beltUSDT**         | [0x9bC7a8ec3a8b9d9AEc0C5808456e35A934f457e5](https://hecoinfo.com/address/0x9bC7a8ec3a8b9d9AEc0C5808456e35A934f457e5)      |

###

### DAI Vault

| Contract             | Address                                                                                                               |
| -------------------- | --------------------------------------------------------------------------------------------------------------------- |
| **StrategyChannels** | [0x2DE913D321C2efAC73e2E1cA8Aa92e5eBe5A86a8](https://hecoinfo.com/address/0x2DE913D321C2efAC73e2E1cA8Aa92e5eBe5A86a8) |
| **bChannelsDAI**     | [0x2c03530b77699F08c69eCc4D33F801fb667f3406](https://hecoinfo.com/address/0x2c03530b77699F08c69eCc4D33F801fb667f3406) |
| **StrategyFilda**    | [0xf6b3177cE068263DA4cAa42A857526b179d8BAcC](https://hecoinfo.com/address/0xf6b3177cE068263DA4cAa42A857526b179d8BAcC) |
| **bFildaDAI**        | [0xBB550cDE1C88C2041Db27DC2fCf67f5354ECa0Ae](https://hecoinfo.com/address/0xBB550cDE1C88C2041Db27DC2fCf67f5354ECa0Ae) |
| **StrategyLendHub**  | [0xbDdA28ABC1d0841EE62032C1c9e000B3CE2410e8](https://hecoinfo.com/address/0xbDdA28ABC1d0841EE62032C1c9e000B3CE2410e8) |
| **bLendHubDAI**      | [0x44F95Fa54b2ac1cEF14F5085dB2B1a7850b6881C](https://hecoinfo.com/address/0x44F95Fa54b2ac1cEF14F5085dB2B1a7850b6881C) |
| **StrategyVoidV2**   | [0xc4867cEfC83583B8CE9896466Fe4CBA4E49Ded35](https://hecoinfo.com/address/0xc4867cEfC83583B8CE9896466Fe4CBA4E49Ded35) |
| **bVoidV2DAI**       | [0x25D6A0133CF98E98e462a2a1AD127a5faEB01602](https://hecoinfo.com/address/0x25D6A0133CF98E98e462a2a1AD127a5faEB01602) |
| **beltDAI**          | [0xA8714b9c86Fb590bF2CEE12bdFccC575aB454272](https://hecoinfo.com/address/0xA8714b9c86Fb590bF2CEE12bdFccC575aB454272) |

###

### USDC Vault

| Contract             | Address                                                                                                               |
| -------------------- | --------------------------------------------------------------------------------------------------------------------- |
| **StrategyChannels** | [0x80044D8a41c10911dc161cA16fbc82b893E4Eb57](https://hecoinfo.com/address/0x80044D8a41c10911dc161cA16fbc82b893E4Eb57) |
| **bChannelsUSDC**    | [0x2df074959D0f3FCfE9b5bFc18E4f9a3F7f56EDCc](https://hecoinfo.com/address/0x2df074959D0f3FCfE9b5bFc18E4f9a3F7f56EDCc) |
| **StrategyFilda**    | [0x5CF9625A0509b58aBe5fE9930dEEDE082Ca69013](https://hecoinfo.com/address/0x5CF9625A0509b58aBe5fE9930dEEDE082Ca69013) |
| **bFildaUSDC**       | [0x50Cb33F99e05688b4969F728431041f6AA83A086](https://hecoinfo.com/address/0x50Cb33F99e05688b4969F728431041f6AA83A086) |
| **StrategyLendHub**  | [0x9e0B64e4C99b4A5685F405a1704c276b47Cf94d3](https://hecoinfo.com/address/0x9e0B64e4C99b4A5685F405a1704c276b47Cf94d3) |
| **bLendHubUSDC**     | [0xF95a075F57887405a424BAE3825086DeEa5c2a99](https://hecoinfo.com/address/0xF95a075F57887405a424BAE3825086DeEa5c2a99) |
| **StrategyVoidV2**   | [0xB939E447C930D10E24144949d2731C253059B84c](https://hecoinfo.com/address/0xB939E447C930D10E24144949d2731C253059B84c) |
| **bVoidV2USDC**      | [0x50eBED91FDf0dD0bBf2a46eCfB00e31F897dc870](https://hecoinfo.com/address/0x50eBED91FDf0dD0bBf2a46eCfB00e31F897dc870) |
| **beltUSDC**         | [0xC04a84d0E3f290D0777c233E0945678469adF353](https://hecoinfo.com/address/0xC04a84d0E3f290D0777c233E0945678469adF353) |

###

### View Contracts

| Contract        | Address                                                                                                               |
| --------------- | --------------------------------------------------------------------------------------------------------------------- |
| **NewBeltView** | [0x4A971318e2b1ea1A08bC713eEFF9118Cd2F85803](https://hecoinfo.com/address/0x4A971318e2b1ea1A08bC713eEFF9118Cd2F85803) |


# KLAYTN Belt Contracts

## \[Launch Contracts]

### kBELT

| Contract  | Address                                                                                                                                |
| --------- | -------------------------------------------------------------------------------------------------------------------------------------- |
| **KBELT** | [0xDFe180E288158231ffA5faF183ECA3301344a51F](https://scope.klaytn.com/account/0xDFe180E288158231ffA5faF183ECA3301344a51F?tabId=txList) |

### MasterOrbit

| Contract                                    | Address                                                                                                                                |
| ------------------------------------------- | -------------------------------------------------------------------------------------------------------------------------------------- |
| **MasterOrbit**                             | [0x8Bc913922972D90533a913D91f5e82b68d4B8238](https://scope.klaytn.com/account/0x8Bc913922972D90533a913D91f5e82b68d4B8238?tabId=txList) |
| **BSC -> KLAYTN Assistant(on BSC mainnet)** | [0x8f1CE371e5636451df4AA6bc6E552959103120e4](https://bscscan.com/address/0x8f1CE371e5636451df4AA6bc6E552959103120e4)                   |

### SKLAY Vault

| Contract                    | Address                                                                                                                                |
| --------------------------- | -------------------------------------------------------------------------------------------------------------------------------------- |
| **StrategySKlay (bSKLAY)**  | [0x835dCE76D994FD210D2062Fc107bf7fe97BE109B](https://scope.klaytn.com/account/0x835dCE76D994FD210D2062Fc107bf7fe97BE109B?tabId=txList) |
| **bSKLAY**                  | [0x7B6A8e0c40D3C3405afd5b4BAd3F5c202e18d518](https://scope.klaytn.com/account/0x7B6A8e0c40D3C3405afd5b4BAd3F5c202e18d518?tabId=txList) |
| **StrategySKlay (bHSKLAY)** | [0xAaa9A104990A492E480358f91369FD3B578FD5C7](https://scope.klaytn.com/account/0xAaa9A104990A492E480358f91369FD3B578FD5C7?tabId=txList) |
| **bHSKLAY**                 | [0x766A73C9f9d51C773c95C649e26c59063f570cf8](https://scope.klaytn.com/account/0x766A73C9f9d51C773c95C649e26c59063f570cf8?tabId=txList) |
| **beltSKLAY**               | [0xf70644e5650e2ef5f0D31dF46e7e369771c2707F](https://scope.klaytn.com/account/0xf70644e5650e2ef5f0D31dF46e7e369771c2707F?tabId=txList) |

### KWBTC Vault

| Contract           | Address                                                                                                                                |
| ------------------ | -------------------------------------------------------------------------------------------------------------------------------------- |
| **StrategyDonkey** | [0x6eF90aDf3e5C268dea61676FD14a789b9936cCd6](https://scope.klaytn.com/account/0x6ef90adf3e5c268dea61676fd14a789b9936ccd6?tabId=txList) |
| **bDonkeyKWBTC**   | [0x1f450aE0AfC30b19610A57b52F9ac8C317Ac5B6A](https://scope.klaytn.com/account/0x1f450aE0AfC30b19610A57b52F9ac8C317Ac5B6A?tabId=txList) |
| **StrategyQubit**  | [0x0D9c201A3e4d8F1d2f79090c0C92B26Be87Ae168](https://scope.klaytn.com/account/0x0D9c201A3e4d8F1d2f79090c0C92B26Be87Ae168?tabId=txList) |
| **bQubitKWBTC**    | [0x3331e6EE96416E1B52B3182b67Faa970DC9a4F54](https://scope.klaytn.com/account/0x3331e6EE96416E1B52B3182b67Faa970DC9a4F54?tabId=txList) |
| **StrategyVoidV2** | [0xa1464F814B9E20a7bdFBb7E4D175f00D5E6DC547](https://scope.klaytn.com/account/0xa1464F814B9E20a7bdFBb7E4D175f00D5E6DC547?tabId=txList) |
| **bVoidV2KWBTC**   | [0xB551b72c1fC69E349180e1Feb11D87C719321274](https://scope.klaytn.com/account/0xB551b72c1fC69E349180e1Feb11D87C719321274?tabId=txList) |
| **beltKWBTC**      | [0xe510d40a4B92302798d6baA1eF004E4629438e81](https://scope.klaytn.com/account/0xe510d40a4B92302798d6baA1eF004E4629438e81?tabId=txList) |

### KETH Vault

| Contract             | Address                                                                                                                                |
| -------------------- | -------------------------------------------------------------------------------------------------------------------------------------- |
| **StrategyDonkey**   | [0xED33481A7DD84A61eF42D35b25540eF50ABaa15A](https://scope.klaytn.com/account/0xED33481A7DD84A61eF42D35b25540eF50ABaa15A?tabId=txList) |
| **bDonkeyKETH**      | [0x9B433Fb8424fCB35d6614C12559bA513F77b376f](https://scope.klaytn.com/account/0x9B433Fb8424fCB35d6614C12559bA513F77b376f?tabId=txList) |
| **StrategyQubit**    | [0xA00da23b0C96d76b1247eCCF7719727f3f429b48](https://scope.klaytn.com/account/0xA00da23b0C96d76b1247eCCF7719727f3f429b48?tabId=txList) |
| **bQubitKETH**       | [0x2aD2811A8387191Ba08DACf8B95cC018B108252B](https://scope.klaytn.com/account/0x2aD2811A8387191Ba08DACf8B95cC018B108252B?tabId=txList) |
| **StrategyKLAYswap** | [0xEA648b695Fb3Db778E70fE14e6B9E9BEe844aaE6](https://scope.klaytn.com/account/0xEA648b695Fb3Db778E70fE14e6B9E9BEe844aaE6?tabId=txList) |
| **bKLAYswapKETH**    | [0x36715E1C3FD2Df068292De739F925dbdd28D7617](https://scope.klaytn.com/account/0x36715E1C3FD2Df068292De739F925dbdd28D7617?tabId=txList) |
| **StrategyVoidV2**   | [0xC4053b56ED5354B105F8fb04420c8ac69958d8F2](https://scope.klaytn.com/account/0xC4053b56ED5354B105F8fb04420c8ac69958d8F2?tabId=txList) |
| **bVoidV2KETH**      | [0x99084eb75E406A55dB913FA3E4f822Ff3690eAF5](https://scope.klaytn.com/account/0x99084eb75E406A55dB913FA3E4f822Ff3690eAF5?tabId=txList) |
| **beltKETH**         | [0x426533F501c3615A4244087d2A9981b037C40D46](https://scope.klaytn.com/account/0x426533F501c3615A4244087d2A9981b037C40D46?tabId=txList) |

### KLAY Vault

| Contract             | Address                                                                                                                                |
| -------------------- | -------------------------------------------------------------------------------------------------------------------------------------- |
| **StrategyDonkey**   | [0x19b6F0e3406740C705Eac9944bfee6a5d2ee1719](https://scope.klaytn.com/account/0x19b6F0e3406740C705Eac9944bfee6a5d2ee1719?tabId=txList) |
| **bDonkeyKLAY**      | [0xc0c09760BA26434d5482f61ae82a543c72ea8D08](https://scope.klaytn.com/account/0xc0c09760BA26434d5482f61ae82a543c72ea8D08?tabId=txList) |
| **StrategyQubit**    | [0xb6B5E228F8a0E97865455892967B7C896f5385B0](https://scope.klaytn.com/account/0xb6B5E228F8a0E97865455892967B7C896f5385B0?tabId=txList) |
| **bQubitKLAY**       | [0x3677F31C23D668d4c733f2a032ee2d3bc37aB4d9](https://scope.klaytn.com/account/0x3677F31C23D668d4c733f2a032ee2d3bc37aB4d9?tabId=txList) |
| **StrategyKLAYswap** | [0x05Bb67c477ce1A1CdB92468b86523d2675454d4e](https://scope.klaytn.com/account/0x05Bb67c477ce1A1CdB92468b86523d2675454d4e?tabId=txList) |
| **bKLAYswapKLAY**    | [0x2df990677D1E71BAEa494Ff962b408c06B8Cf6E1](https://scope.klaytn.com/account/0x2df990677D1E71BAEa494Ff962b408c06B8Cf6E1?tabId=txList) |
| **StrategyVoidV2**   | [0xCFeAbca73208AB232Ac272c89F15EDf224fEE3e9](https://scope.klaytn.com/account/0xCFeAbca73208AB232Ac272c89F15EDf224fEE3e9?tabId=txList) |
| **bVoidV2KLAY**      | [0x9D2a003fe5FE21aB7CB1235080e48Ef801A1EE01](https://scope.klaytn.com/account/0x9D2a003fe5FE21aB7CB1235080e48Ef801A1EE01?tabId=txList) |
| **beltKLAY**         | [0x826c88315bb441e6886a63f80164E67F89359C5A](https://scope.klaytn.com/account/0x826c88315bb441e6886a63f80164E67F89359C5A?tabId=txList) |

### KSP Vault

| Contract             | Address                                                                                                                                |
| -------------------- | -------------------------------------------------------------------------------------------------------------------------------------- |
| **StrategyDonkey**   | [0xB8f66FEd9b5b2B3649DA82A1F2f561e05d394FdA](https://scope.klaytn.com/account/0xB8f66FEd9b5b2B3649DA82A1F2f561e05d394FdA?tabId=txList) |
| **bDonkeyKSP**       | [0x415cA0bbeD91664F5f94D8c62d6CB480F182a9CE](https://scope.klaytn.com/account/0x415cA0bbeD91664F5f94D8c62d6CB480F182a9CE?tabId=txList) |
| **StrategyQubit**    | [0xDb2aFa4a3d7E59d2348Db099B2f262F3cEf8b6D4](https://scope.klaytn.com/account/0xDb2aFa4a3d7E59d2348Db099B2f262F3cEf8b6D4?tabId=txList) |
| **bQubitKSP**        | [0xa541f77f0049A828c3CB8C800d877822Bbc7305c](https://scope.klaytn.com/account/0xa541f77f0049A828c3CB8C800d877822Bbc7305c?tabId=txList) |
| **StrategyKLAYswap** | [0xf760E6A7A14c0872f22e2F7F789f7F226Cf8e8A0](https://scope.klaytn.com/account/0xf760E6A7A14c0872f22e2F7F789f7F226Cf8e8A0?tabId=txList) |
| **bKLAYswapKSP**     | [0xF1FF200995ceC953B0A8c8539c21AF4AcC455186](https://scope.klaytn.com/account/0xF1FF200995ceC953B0A8c8539c21AF4AcC455186?tabId=txList) |
| **StrategyVoidV2**   | [0xA9295f5dF31D7e34cF3E1187a5b9C8da52991F4b](https://scope.klaytn.com/account/0xA9295f5dF31D7e34cF3E1187a5b9C8da52991F4b?tabId=txList) |
| **bVoidV2KSP**       | [0x94A37969EEB922535080E102F74d3c7b29470Afe](https://scope.klaytn.com/account/0x94A37969EEB922535080E102F74d3c7b29470Afe?tabId=txList) |
| **beltKSP**          | [0xe7fa18E435FE9aCBdFb5016514B00C61C9a27507](https://scope.klaytn.com/account/0xe7fa18E435FE9aCBdFb5016514B00C61C9a27507?tabId=txList) |

### DAI Vault

<table><thead><tr><th>Contract</th><th>Address</th><th data-hidden></th></tr></thead><tbody><tr><td><strong>StrategyDonkey</strong></td><td><a href="https://scope.klaytn.com/account/0x5e0F00b0Aa56D9C823dC707e0A97674aA33aF971?tabId=txList">0x5e0F00b0Aa56D9C823dC707e0A97674aA33aF971</a></td><td></td></tr><tr><td><strong>bDonkeyKDAI</strong></td><td><a href="https://scope.klaytn.com/account/0x3D5e1dd34e80E71Bcecad3eC1892B8aEe161A786?tabId=txList">0x3D5e1dd34e80E71Bcecad3eC1892B8aEe161A786</a></td><td></td></tr><tr><td><strong>StrategyQubit</strong></td><td><a href="https://scope.klaytn.com/account/0x9FA98e9fEEADae125b8814B680633fB8664Bf3e4?tabId=txList">0x9FA98e9fEEADae125b8814B680633fB8664Bf3e4</a></td><td></td></tr><tr><td><strong>bQubitKDAI</strong></td><td><a href="https://scope.klaytn.com/account/0x4935d93a4fe73E0F7E8bDFc9eF2e4eC79CDf1eB7?tabId=txList">0x4935d93a4fe73E0F7E8bDFc9eF2e4eC79CDf1eB7</a></td><td></td></tr><tr><td><strong>StrategyKLAYswap</strong></td><td><a href="https://scope.klaytn.com/account/0x3A5b4b77c30e93368Da033eBBBa97cE09eF8f193?tabId=txList">0x3A5b4b77c30e93368Da033eBBBa97cE09eF8f193</a></td><td></td></tr><tr><td><strong>bKLAYswapKDAI</strong></td><td><a href="https://scope.klaytn.com/account/0x1E5dF060e7320414a2E9300968C66DD01291ca79?tabId=txList">0x1E5dF060e7320414a2E9300968C66DD01291ca79</a></td><td></td></tr><tr><td><strong>StrategyVoidV2</strong></td><td><a href="https://scope.klaytn.com/account/0x9462C103eAaA5a1353edEa86eC98566917BFF6Fe?tabId=txList">0x9462C103eAaA5a1353edEa86eC98566917BFF6Fe</a></td><td></td></tr><tr><td><strong>bVoidV2KDAI</strong></td><td><a href="https://scope.klaytn.com/account/0x6731582c2F003741c135eC79F74864944A2884b0?tabId=txList">0x6731582c2F003741c135eC79F74864944A2884b0</a></td><td></td></tr><tr><td><strong>beltKDAI</strong></td><td><a href="https://scope.klaytn.com/account/0x39Ff319dd1282452cd73154B6ac670449234230F?tabId=txList">0x39Ff319dd1282452cd73154B6ac670449234230F</a></td><td></td></tr></tbody></table>

### USDT Vault

| Contract             | Address                                                                                                                                |
| -------------------- | -------------------------------------------------------------------------------------------------------------------------------------- |
| **StrategyDonkey**   | [0xbE0262a84340cE4EcDfF8d287C4d87B4Abd7ec5D](https://scope.klaytn.com/account/0xbE0262a84340cE4EcDfF8d287C4d87B4Abd7ec5D?tabId=txList) |
| **bDonkeyKUSDT**     | [0xf54c5E2305Bfe7dc62c6f1C0506c904F5564734b](https://scope.klaytn.com/account/0xf54c5E2305Bfe7dc62c6f1C0506c904F5564734b?tabId=txList) |
| **StrategyQubit**    | [0x98947fC14F05ef17fa2c1ac2D57171aADd346750](https://scope.klaytn.com/account/0x98947fC14F05ef17fa2c1ac2D57171aADd346750?tabId=txList) |
| **bQubitKUSDT**      | [0xBb8E0F162d53E15Dc1121081defF153b3A9481eF](https://scope.klaytn.com/account/0xBb8E0F162d53E15Dc1121081defF153b3A9481eF?tabId=txList) |
| **StrategyKLAYswap** | [0xf900B7deF708b9a29D8B99778Ab64704bcE50A8b](https://scope.klaytn.com/account/0xf900B7deF708b9a29D8B99778Ab64704bcE50A8b?tabId=txList) |
| **bKLAYswapKUSDT**   | [0x31a1FCeB1296c1FE0e0A3D29658fA95898aE4f69](https://scope.klaytn.com/account/0x31a1FCeB1296c1FE0e0A3D29658fA95898aE4f69?tabId=txList) |
| **StrategyVoidV2**   | [0xbDa66A09E3bD20934700cb890650FD5c29a30d91](https://scope.klaytn.com/account/0xbDa66A09E3bD20934700cb890650FD5c29a30d91?tabId=txList) |
| **bVoidV2KUSDT**     | [0x8A5724CA16eE5Cd4B6Ed6aFC8ab7766134CEAc53](https://scope.klaytn.com/account/0x8A5724CA16eE5Cd4B6Ed6aFC8ab7766134CEAc53?tabId=txList) |
| **beltKUSDT**        | [0x430a6768Ef348B06F65F1FEEf01B9b2B58C75f79](https://scope.klaytn.com/account/0x430a6768Ef348B06F65F1FEEf01B9b2B58C75f79?tabId=txList) |


# Dedaub Audit

We've completed security audits, including the previously deployed contracts, and all discovered vulnerabilities are now completely fixed.

* [Belt Finance Audit](https://github.com/BeltFi/belt-contract/blob/main/audit/Belt_Finance_Audit.pdf)
* [Belt Cross-chain AMM Audit](https://github.com/BeltFi/belt-contract/blob/main/audit/Belt_Crosschain_Audit_1.pdf)
* [Belt Cross-chain AMM Audit (Pt. 2)](https://github.com/BeltFi/belt-contract/blob/main/audit/Belt_Crosschain_Audit_2.pdf)


# Cross-chain Pool (3Tether)

3Tether pool consisting of USDT on BSC, HECO, and Klaytn and will initially be connected to PancakeSwap (BSC), MDEX (HECO), and KLAYswap (Klaytn).

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-e8b64cd5908cc3b725dd4053b4098bf5c5befa41%2Fbelt_v3_05.png?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-be9d5a29f12781863c830708296d58a9ba8704dc%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C1%20\(2\).PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-b97ba0645471464e26e6eb8d8fa3df9669f2db53%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C2.PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-acf3dec080fd86767a0135dda5f51b0173459e1d%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C3%20\(4\).PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-f02c44f2c17941f42c90e02443987946cd4f4ac0%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C4%20\(4\).PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-e13d6b151eb074188741fdde93b82870a26bee8d%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C5%20\(4\).PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-cc804534d9fecd99cd79562ca7703782e97f1656%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C6%20\(2\).PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-95e3ac8cd2f5cc96bd6517e61b05fbe828276b1d%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C7%20\(4\).PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-b71a80fee06e6a89e648e6bd642977d51a8688ce%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C8%20\(2\).PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-f68bff38ea078eb96e69bb7a11a7689682874eb1%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C9%20\(3\).PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-cba6175718e6d6c9d64bfa75547e230051509a4b%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C10%20\(2\).PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-c1fc785ca0e68c45c6dfc33cbcd714c4a324b489%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C11.PNG?alt=media)


# Cross-chain Swap

Our cross-chain stableswap consisting of a pool of 3 stablecoins on 3 different chains

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-e8b64cd5908cc3b725dd4053b4098bf5c5befa41%2Fbelt_v3_05%20\(1\).png?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-6f48c02081b4415d1c4e2601c1b7adf5b484bb6d%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C1%20\(4\).PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-c9337dfae7e18dfff5a37102dca817ffaed0c772%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C2%20\(2\).PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-8aa4782c21f8164bc682435cf30f38344041dfec%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C3%20\(2\).PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-20983ca89f801b8d25486f679750b6174464386d%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C4%20\(5\).PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-6304221e9e0a055ec32d5952bfd5cbb5e1df94a4%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C5%20\(3\).PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-fb8ac9c3eeb3790986e47e2ff5a7a12fa1bfee08%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C6%20\(1\).PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-fb8ac9c3eeb3790986e47e2ff5a7a12fa1bfee08%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C6%20\(7\).PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-ddd5d6477d7d5bbdf5c33f37e1e3cb490ec469f1%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C7%20\(5\).PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-96528902cc9532b0741e9c05271e930b7539dac8%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C8%20\(5\).PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-0a7f48cbf10d792b6a05150859098451eecde554%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C9.PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-fb57b7d6d222563bd0a0cc2e398f35693685bec7%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C10.PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-1f00e4418ce682795168dffdcafc8e93984587aa%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C11%20\(1\).PNG?alt=media)


# Governance & Voting

Belt Governance will be a decentralized system based on proposals and voting. Belt Finance’s ultimate goal is to be a decentralized autonomous organization (DAO) with trustless governance in place.

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-d2b906e593a3514e17556322ff80798fbe0b76ee%2Fbelt_v3_06.png?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-736347b77da26d57a9dbe30597370ff077bd4b42%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C1%20\(3\).PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-b97ba0645471464e26e6eb8d8fa3df9669f2db53%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C2%20\(1\).PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-55f46ad7a1a8ab2ea0bb4fdd26a29f119df687ca%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C3.PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-845b359dd76b500aa9f6df89f993d118b2e7f400%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C4%20\(1\).PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-4e6f188d5eb177287117a82eea5050028350a003%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C5%20\(7\).PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-69a46dc6588a29f6fbb298dfd13fe2a92426472f%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C6.PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-c5e0ca95dd2087b4ae3463fdaee6f8dfcd08712b%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C7%20\(1\).PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-cdc22b5466d45c7c7a0cf6f9f6161f8c27ddf449%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C8%20\(3\).PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-8d787238cdda277178337fa78ee15bbecb8dccd0%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C9%20\(5\).PNG?alt=media)

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-74ab428bb54c2fa1cd83ede66d03b462e587c89a%2F%EC%8A%AC%EB%9D%BC%EC%9D%B4%EB%93%9C10%20\(5\).PNG?alt=media)


# How to use a Belt LP Staking Pool

A brief guide on how to use/deposit into Belt Pools

Awesome! You're ready to start using Belt.fi.

#### Setting up your wallet

To start, make sure your Metamask wallet is set up for Binance Smart Chain (BSC). You can follow [this link for a guide on how to set up Metamask ](https://docs.binance.org/smart-chain/wallet/metamask.html)to do so.

Before proceeding, make sure you have some BNB in your wallet to cover associated transaction fees when using Belt.

When you're done with that, your Metamask wallet should look something like this. At this stage, I'm currently holding 1 BNB token (you can disregard the ETH symbol as a Metamask UI bug).

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-e4fd200ac143697d402153851acf41bd6d0c65ea%2FScreen%20Shot%202021-03-03%20at%202.44.06%20PM.png?alt=media)

#### Getting Stablecoins

You have a few options for getting stablecoins (e.g. Binance, PancakeSwap, etc.). For this guide, I'll be using PancakeSwap to exchange my BNB for stablecoins.\
\
For a more in depth guide, to trading on the PancakeSwap exchange, [check out this post.](https://medium.com/pancakeswap/how-to-trade-on-the-pancakeswap-exchange-4b226fa500cd)

After going to[ PancakeSwap exchange](https://exchange.pancakeswap.finance/#/swap) and connecting my Metamask wallet, I'm changing 0.6 BNB to BUSD.

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-a8b2bd7cd0af05e17d52ff18de3998cc4cda3a64%2FScreen%20Shot%202021-03-03%20at%203.48.25%20PM.png?alt=media)

After confirming your transaction, you should be able to see BUSD in your Metamask wallet. If it doesn't show, you can go to [BscScan ](https://bscscan.com/)and get the BUSD contract address and add it as a custom token to your wallet. When all is said and done, your Metamask wallet should look something like this.\\

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-e3fa1a28402499173869bac594641e20436d8387%2FScreen%20Shot%202021-03-03%20at%203.52.55%20PM.png?alt=media)

### Now onto the good stuff.. using Belt.fi

To use deposit into a LP pool, you have two options:

1. Depositing a single token token in a pool
2. Swapping and Depositing a portion of each token in a pool

I'll go over both options.

#### Depositing a single token (e.g. BUSD stablecoin)

This is the simpler option as you only have to deposit one type of token.

First, going to the belt.fi website and go to the **Belt LP Staking** section. After pressing "Add Liquidity" and connecting your wallet, it should look something like this:

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-bb22385a197d8647a605ba6f39c57a0e38831b14%2FScreen%20Shot%202021-03-03%20at%204.04.41%20PM.png?alt=media)

To start, I'm going to add 49.0015 BUSD to the pool. After pressing "Approve BUSD", and confirming the transaction fees through Metamask, you'll have to "Add Liquidity" again and confirm the transaction through Metamask. ***(This double approval is only necessary on your first instance of using each feature. And please make sure to wait until the confirmations goe through before proceeding!)***

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-e9b351e0a42276e9d508a4a369e00cbf684277c3%2FScreen%20Shot%202021-03-03%20at%204.08.18%20PM.png?alt=media)

Once your transaction is confirmed, your screen should show that you have a V**ENUS BLP BALANCE** like below:

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-b3d1a11783f0b75b796924262bcd2d77c2daa174%2FScreen%20Shot%202021-03-03%20at%204.09.16%20PM.png?alt=media)

You then have to "**APPROVE**" the staking, which will incur another small transaction fee. The "APPROVE" button will then change to a + -. Pressing the Plus Button (+) will add all of your VENUS BLP to get Staked. Your screen will then look like this:

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-e312cba2370354b1bffcde4bf70cc60e2c1d1ffe%2FScreen%20Shot%202021-03-03%20at%204.15.02%20PM.png?alt=media)

Your staked amount will grow according to the APY!

#### Swapping and Depositing each token in a pool

This is your other option. Matching the ratio of the tokens in the pool will minimize IL (Impermanent Loss), especially if the volume of your assets is high. Please note that as this option takes more steps, it will incur a higher total BSC transaction fee, so it's best to use this strategy only if you're working with a larger volume of assets.

To accomplish this, as all I have are BUSD tokens for stablecoins, I will start swapping some BUSD for the other tokens in the pool (DAI, USDC, USDT, BUSD) through the Belt.fi AMM swap feature at the top of the site.

![This is located near the top of the page](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-13f11158f70c9736e6ea50c3c8a5634adff80e89%2FScreen%20Shot%202021-03-03%20at%204.22.52%20PM.png?alt=media)

Each time I swap from BUSD to a different token (DAI, USDC, USDT), I will have to confirm the transaction through Metamask and pay the transaction fee. ***(Note that on your first instance of swapping, you will have to confirm the contract before confirming the actual swap transaction).***

After all the swaps are completed, the Belt LP Staking section should show that you have all the relevant tokens. After setting the amount of each token you want stake (pressing the Balance sets this automatically to the maximum tokens you have), approve any tokens that you haven't yet approved.

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-6d774480d538cda89fb352486e0db4e5ec626e8e%2FScreen%20Shot%202021-03-03%20at%204.45.42%20PM.png?alt=media)

As I haven't yet approved DAI, USDC, or USDT, I have to go through this extra approval step for each of those tokens (on first time only).

I can then "**Add Liquidity**". After confirming the transactions, I now have more Venus BLP Balance.

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-bfeae8c88e5dabc3260e73e982321985d111af93%2FScreen%20Shot%202021-03-03%20at%204.49.22%20PM.png?alt=media)

After adding to the staking and confirming the transaction, your VENUS BLP will show in the staked section.

### Understanding your Returns

![The Venus BLP Rewards at time of writing](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-02f07c420bc12b7b6e263cf176cd9e76cea99c32%2FScreen%20Shot%202021-03-03%20at%205.16.56%20PM.png?alt=media)

For the Belt Pools, your returns largely come from three things: Venus APY, Trading Fee APY, and BELT APY.

For Venus APY comes from auto compounding your deposit through venus. You can read more about it through the "Understanding Liquidity Pool" section of this document.

Trading fee APY comes from giving you a portion of the fees incurred when others use your deposit to conduct swaps through Belt.fi.

BELT APY comes from the BELT tokens you are given (when liquidity mining starts).

**But where can you see your rewards?**

It is easiest to think of the amount of Venus BLP you have staked as the number of shares you have of a total. This number will stay the same. However, as the value of each share, or Venus BLP, goes up with the auto compounding (Venus APY) and trading fee APY, you will see the value of your deposit go up (highlighted in the image below).

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-abfc13c7018022cde2e4da8db72f33c1dc89cbf3%2FScreen%20Shot%202021-03-03%20at%205.16.32%20PM.png?alt=media)

Once liquidity mining starts, you will also be able to easily see your BELT rewards in the BELT EARNED section and harvest them separately.

So all in all,

*Deposit your assets into Belt.fi to get a conveyor belt that delivers optimized yield, and sit back and watch your portfolio grow safely!*

### Removing \_\_ Liquidity from a Belt LP Staking pool

Leaving so soon? Sad to see you go but here's how to do it.

The first step is to press the Minus button (**-**) in the Venus BLP Staked section.

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-f748e51a9ca95927cf13dd1ac55afb5045471c7a%2FScreen%20Shot%202021-03-04%20at%203.44.59%20PM.png?alt=media)

After confirming your transaction through your wallet, your Venus BLP should now show in the BALANCE section.

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-bdfd8d22ec95636d6dd0dd592e6b57b2143ad659%2FScreen%20Shot%202021-03-04%20at%203.46.54%20PM.png?alt=media)

Now, go to the "**Remove Liquidity**" section and press either **COMBINATION MAX** or choose one token and max that out.

This is what it should look like when you press **COMBINATION MAX**.

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-0e1d095d662ff5d8a156b1f0bd7bd895828514db%2FScreen%20Shot%202021-03-04%20at%203.49.31%20PM.png?alt=media)

From here, pressing **Approve LP Token** will lead you confirming the contract (on first instance only). After confirming, you should see a **Remove Liquidity** button in the place of the Approve LP Token button. Pressing this and confirming your transaction will remove your liquidity from this pool and you will receive the tokens shown (DAI, USDC, USDT, BUSD). These tokens will now be in your wallet.

Otherwise, you can max out one particular token for removal. Pressing MAX next to the token of your choosing should lead your screen to look like this:

![](https://2392368405-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FQyABlplosBOpHxevMvey%2Fuploads%2Fgit-blob-a2cf1512c3dc47f0bd66f69a95416260ac93e59a%2FScreen%20Shot%202021-03-04%20at%203.52.15%20PM.png?alt=media)

Likewise, pressing **Approve LP Token** will lead you confirming the contract (on first instance only). After confirming, you should see a **Remove Liquidity** button in the place of the Approve LP Token button. Pressing this and confirming your transaction will remove your liquidity from this pool and you will receive the token you chose to max out (BUSD). This token will now be in your wallet.\
\\


# Bridging BELT (BNB) to HBELT (HECO) through Orbit Bridge

A few days ago, we announced [the details of our launch of HECO Chain on Belt Finance](https://medium.com/belt-finance/heco-on-belt-finance-launch-schedule-cross-chain-mining-and-more-2f66a2c81478). With HECO, Belt is entering an exciting new market with high base yield. hBELT, the HECO-bridged BELT token, is a key piece to experiencing and enjoying high yield on HECO Chain.

As we announced, we are implementing cross-chain BELT mining, a feat made possible by Orbit Chain and its cross-chain masterchef. Essentially, a portion of the total BELT token emissions will be bridged over to HECO chain used for liquidity mining on HECO Belt, this is hBELT.

## ***Here are some innovative features about hBELT that you should know:*** <a href="#id-9c88" id="id-9c88"></a>

* BELT bridged over to HECO Chain through Orbit Bridge is hBELT.
* **hBELT isn’t a separate BELT token, it is simply the same asset on a different chain. hBELT is emitted as BELT on BSC is locked via smart contract with a 1:1 ratio on BSC. This means that BELT tokenomics, including circulating supply inflation, remains the same.**
* **You can swap between BELT and hBELT at any time through Orbit Bridge, as it is the same token, it will always have a 1:1 ratio.**
* The overall BELT token metrics (circulating supply, inflation rate, etc.) remain the same but the BELT token gains a new field of play with HECO. This adds a new avenue of yield and related buyback & burns with higher TVL.
* Once governance is launched, BELT holders will control the Belt Finance protocol across different chains.
* **hBELT liquidity mining will be distributed in the same structure to the BSC equivalent assets (BELT, BTC, ETH, and stablecoins) on HECO. You can view this as incentivizing deposits of more liquidity of that same asset (e.g. BTC) to the Belt Finance protocol, except on a different chain.**
* **With this same logic to mining distribution, BELT is essentially adding the value of HECO Chain to Belt Finance with hBELT.**

## **Here are the steps required to move BELT from BSC to get hBELT on HECO.** <a href="#id-0fd0" id="id-0fd0"></a>

**1)BELT to hBELT asset conversion through Orbit Bridge**

\*Orbit Bridge Website: [https://bridge.orbitchain.io](https://bridge.orbitchain.io/)

\*To bridge BELT from BSC to HECO (hBELT) cross-chain, **you must have MetaMask set up for the From Chain (BSC) you are sending BELT from and the wallet address of the TO Chain (HECO) you are receiving hBELT**. It is easiest when you have BSC and HECO set up in your Metamask wallet. [Here’s how to set up HECO on Metamask.](https://medium.com/heco-chain/how-to-set-up-matemask-for-heco-chian-53eda451424c)

1–1) Select Coin (BELT) and Validator Group

Select BELT from the list

![](https://miro.medium.com/max/1360/0*DBQYjMI9ST6OptUm)

Select the BSC Validator Group

![](https://miro.medium.com/max/1600/0*RXrHgXZbxwIxTTMW)

**1–2)** (1) \*\*\*\* Choose the FROM Chain (BSC) to bridge from. When you choose the FROM Chain, you will need to connect your Metamask wallet (BSC) to Orbit Bridge.\
(2) Enter the amount of BELT to bridge and\
(3) select TO Chain (HECO) to send it to.

(4) Enter the address to receive the assets in. This address should be your HECO supported wallet address (e.g. Metamask or Huobi Wallet)

![](https://miro.medium.com/max/603/0*-trM3-ymv-t5o836)

After making sure all the entered information is correct, press “Convert Now.”

\*Note that because hBELT (HECO) is essentially the same asset as BELT (BSC),

1–3) Confirm the entered information, then confirm the transaction on Metamask.

Check all information in the Bridge confirmation window prior to pressing “Confirm.” Afterwards, press “Confirm” within MetaMask to confirm the transaction, to complete the transfer from BSC to HECO. I am bridging 1BELT

1–5) Add hBELT to your Metamask HECO token list and you now can see that you have HBELT in your wallet!

The contract address for HBELT (HECO) is [0x8c517631a7cD20FC365aA9A4025955FcDAA11f57](https://hecoinfo.com/token/0x8c517631a7cD20FC365aA9A4025955FcDAA11f57).![](https://miro.medium.com/max/696/0*sHuwVxRVOKD0KbMm)

You can now experience the high yield of HECO Chain on Belt Finance with the hBELT token!\\


# Providing Liquidity on HECO Belt Finance

Welcome to HECO on Belt Finance! This is a guide on how to add/remove liquidity to/from Belt Finance’s HECO version.

The HECO page will open at 11:00 GMT+8 on May 21\
hBELT Mining Distribution will start at 17:00 GMT +8 on May 21

## Withdrawing from Huobi Global <a href="#id-367e" id="id-367e"></a>

The first step is to withdraw the HRC20 assets you want to use on Belt Finance from your Huobi Global account. This guide will cover withdrawing HT and HUSD to Metamask and using it with Belt Finance HECO. You can also[ use this HECO yield farming tutorial as a reference.](https://medium.com/heco-chain/heco-farming-tutorial-a815f581f0e2)

We’ll start on Huobi Global. After logging in, go to the balances page. As you can see, I have 8 HT and around 57 HUSD.

![](https://miro.medium.com/max/1966/0*0YOs83rys7TkYxsd)

Click withdraw on the asset you will be withdrawing to your wallet. I’ll be withdrawing HT tokens.

![](https://miro.medium.com/max/1856/0*X95OzJdMzd8Sa2DE)

First, make sure to choose HECO as the chain to withdraw to. Then enter the HECO address from either your HECO supported wallet (I’ll be using the Metamask Wallet). Make sure to choose HECO as the withdrawal chain and choose a HECO address in your wallet. Your funds may be lost otherwise. Then choose the withdrawal amount. Finally, click Withdraw.

After going through security authentication, you will now have HT in your wallet! Follow this same process to withdraw any other token (e.g. HUSD) to your wallet.

Now, go to[ belt.fi/heco](http://belt.fi/heco) and connect your wallet.

From this point on, I’ll cover using Belt Finance with Metamask.

## Using HECO Belt Finance with Metamask <a href="#id-1936" id="id-1936"></a>

### Setting up HECO on your Metamask wallet <a href="#ebe6" id="ebe6"></a>

To start, make sure your Metamask wallet is set up for HECO Chain (HECO). You can follow [this link for a guide on how to set up Metamask](https://medium.com/heco-chain/how-to-set-up-matemask-for-heco-chian-53eda451424c) to do so.

**Before proceeding, make sure you have some HT in your wallet to cover associated transaction fees when using HECO DeFi.**

When you’re done with that, your Metamask wallet should look something like this. At this stage, I’m currently holding around 4 HT tokens and 27 HUSD tokens. (For tokens other than HT, you will have to manually add the token).

![](https://miro.medium.com/max/1388/0*gDoahIm0DrlPL9Dm)

Now, go to[ belt.fi/heco](http://belt.fi/heco) and connect your wallet.

## The 4Belt LP Pool <a href="#id-7051" id="id-7051"></a>

## Adding Liquidity <a href="#id-3bd9" id="id-3bd9"></a>

To use deposit into the 4Belt pool, you have two options:

1. Depositing a single token token in a pool
2. Swapping and Depositing a portion of each token in a pool

I’ll be showing Option 1 as it is the more simple option, but you can find out more about the pros and cons of each option here:[ https://docs.belt.fi/understanding-belt/understanding-4belt](https://docs.belt.fi/understanding-belt/understanding-4belt)

First, go down to the Belt LP Staking section. After pressing on 4Belt and connecting your wallet, it should look something like this:

![](https://lh4.googleusercontent.com/HYUEYo7s4csna35ew85EaTM2it8yNqRTIiJl74kjiJkEoJtOQy3oh6ohRwUz9-oW0RmVQvcaUPn8eYu6PrAzLns5CCdz8xAAFkN-Mt6ZPt4jQRQatLoAJJASuxuwSlVPPbVR7IUf)

To start, I’m going to add 27.802599 HUSD to the pool. After pressing “Approve HUSD”, and confirming the transaction fees through Metamask, you’ll have to “Add Liquidity” again and confirm the transaction through Metamask. ***(This double approval is only necessary on your first instance of using each feature. And please make sure to wait until the confirmations go through before proceeding!)***![](https://miro.medium.com/max/1556/0*jEkCKSUopH92NTPB)

Once your transaction is confirmed, your screen should show that you have a 4BELT BLP BALANCE like below:

![](https://miro.medium.com/max/2624/0*LT69mY71E_pM6e17)

You then have to “APPROVE” the staking, which will incur another small transaction fee. After pressing “APPROVE”, the “APPROVE” button disappears and the “STAKE” button remains. Pressing “STAKE” and confirming the transaction will add all of your 4BELT BLP to get staked. Your screen will then look like this:

![](https://lh4.googleusercontent.com/LwaOcEOvm58Oh_-LlJSZs7gJNxuw8pe5i32LClURy7k_09r-R70_HOW5_aZ8woIWdztLDwAKPHmIYGbY23Dq0yE4DaFDeZnS8J6TSNorzz1MfkB_6bn7rFaTuLcUIjXKKIeiMgoX)

The value of your deposit in the 4Belt pool will grow according to the APR! Keep in mind that the number of your staked tokens will not go up, but the value of each token will. Once mining begins, you will also get BELT rewards. Learn more about the 4Belt pool here: <https://docs.belt.fi/understanding-belt/understanding-4belt>

## Withdrawing Liquidity <a href="#fd7d" id="fd7d"></a>

Withdrawing takes a few steps: Unstaking, choosing which token to remove, and then withdrawing.

The first step is to press unstake.

![](https://lh6.googleusercontent.com/8q_0F-rFAEL08nOzvt0uk6-58D5fyyYVPGmnVlvckX_3BKL25ZObsJQdYMjInUZDF6wwHJ2OqaAV6ECMiymh5x2HjzIVjm9KhgqX0gOk8hX2p8wOeiFbOHxjY15NNjKxrwAZUelc)

‌After confirming your transaction through your wallet, your 4BELT BLP should now show in the BALANCE section.

![](https://lh4.googleusercontent.com/lbYL3o6rcajXNvwbvzl_QneUPQIoFEmAgTfKEwniT9n1S0JInjheYuxnp3mKTT-vUNszL-sr0fP6LlvSFxXY_xO-ExL3xhZs45AUuMJKsDiIaUFHXaxn7GYRRB0bfh_hAxzNiLO6)

‌

Now, go to the “Remove Liquidity” section and press either COMBINATION MAX or choose one token and “MAX” that out.‌

The above image is what it looks like when you max out HUSD.

From here, pressing Approve LP Token will lead you confirming the contract (on first instance only). After confirming, you should see a Remove Liquidity button in the place of the Approve LP Token button. Pressing this and confirming your transaction will remove your liquidity from this pool and you will receive the tokens or single token you selected. These tokens will now be in your wallet.‌

## Understanding your Returns <a href="#id-50c0" id="id-50c0"></a>

The HECO 4Belt BLP Rewards at time of writing:

![](https://miro.medium.com/max/656/0*wb6-EtzhMk0Jpf5m)

For the 4Belt BLP pool, APR is calculated through a combination of the 4Belt APR(Base APR from multi-strategy yield from our strategy protocols), Trading Fee APR (this is a 24 hour average), and BELT token rewards.

The breakdown can be seen at any time by clicking the magnifying glass icon next to the 4Belt pool on the Belt Finance Website.

**As you get rewards for your deposit in the 4Belt Pool, the number of your tokens will not go up but the value of each 4Belt BLP token will go up with the 4Belt APR and Trading Fee APR.**

* The 4Belt APR is autocompounded to the value of your 4Belt BLP tokens every 6 hours.
* The Trading Fee APR is autocompounded to the value of your 4Belt BLP tokens with each trading transaction.

BELT APR rewards are added in real time and can be seen in the “BELT EARNED” section separately. These can be harvested at any time.

## Belt Vaults <a href="#id-1cd8" id="id-1cd8"></a>

Likewise, there are a few steps to depositing and withdrawing liquidity to Belt Single-token vaults. I’ll be showing you guys the HT vault.

## Adding Liquidity <a href="#fd05" id="fd05"></a>

First go down to the Belt Vaults section and choose HT or whatever other vault you want to deposit in. After connecting your wallet, it should look something like this (Please note that the APR and other values shown are only for testing purposes):

![](https://miro.medium.com/max/3192/0*qZSbS9qjSUEziIdx)

To start, I’m going to add 2 HT to the pool. After pressing “**DEPOSIT**”, and confirming the transaction fees through Metamask, you will now have beltHT shown in your **beltHT BALANCE** section.

![](https://miro.medium.com/max/1674/0*aeoWeYCeTdb1Lpkv)

You’ll have to “APPROVE” and confirm the transaction through Metamask,which will incur a small transaction fee. before staking. ***(This double approval is only necessary on your first instance of using each feature. And please make sure to wait until the confirmations go through before proceeding!)***

After pressing “APPROVE”, the “APPROVE” button disappears and the “STAKE” button remains. Pressing “STAKE” and confirming the transaction will add all of your beltHT to get staked. Your screen will then look like this:

![](https://miro.medium.com/max/3168/0*Gy7ujoJyqOojL1_F)

The value of your deposit in this vault will grow according to the APR! Keep in mind that the number of your staked tokens will not go up, but the value of each token will. Once mining begins, you will also get BELT rewards. Learn more about the beltTokens (e.g. beltHT) here: <https://docs.belt.fi/understanding-belt/understading-vtoken>

## Withdrawing Liquidity <a href="#id-527d" id="id-527d"></a>

Withdrawing takes a few steps: Unstaking, choosing how much of the token to remove, and then withdrawing.

The first step is to press unstake.

![](https://miro.medium.com/max/3200/0*IFz-Uyp0Mpew4dz6)

‌After confirming your transaction through your wallet, your beltHT should now show in the BALANCE section.

‌Now, go to the “Withdrawal” section and either input how much you want to remove or press the number under balance to max out the withdrawal.‌

![](https://miro.medium.com/max/3200/0*OZzP8phdDq8o7cFa)

Pressing “Withdraw” and confirming your transaction will remove your liquidity from this vault and you will receive the token in your wallet.‌

## Understanding your Returns <a href="#id-38a9" id="id-38a9"></a>

![](https://miro.medium.com/max/2992/0*aUyIp9TUOqaM5Eru)

Belt Vaults receive BASE APR and BELT APR. In short, the BASE APR is automatically added and compounded to the value of the beltToken (e.g. beltHT). BELT APR is given separately in the form of BELT (hBELT) tokens and can be harvested at any time.

beltTokens refer to the belt tokens (beltBTC, beltETH, beltHT, etc.) you receive upon depositing into a Belt Finance vault. beltTokens are in essence a deposit receipt. They represent liquidity provided in a Belt depositor contract. beltTokens are compounding vault tokens.‌

For example, if you deposit HT in Belt HT Vault (Belt Depositor contract) you will receive beltHT in return.‌

All beltToken vaults have multi-strategy yield applied to them. This idea behind this can be seen in the image above. Every token deposit into Belt Finance is not depositing wholly in a single strategy. Deposits are split between our different strategy protocols to optimize yield and security by spreading risk across the different protocols. Deposits are operated through the “Keepers” decided ratio, which you can see in the architecture.

When the depositor contract you are providing liquidity to generates yield, your beltTokens will increase in value, since they represent a share of that vault. This is why you will observe an increase in price. The base APR from the multi-strategy yield is automatically added and compounded every six hours to the value of the beltToken. This is separate from any BELT rewards.‌

Basically, each beltToken represents the underlying token + the yield from our multi-strategy yield thus far (e.g. beltHT = HT + base APR from multi-strategy yield). You also get BELT rewards for staking the beltTokens on Belt Finance!

So all in all,

Deposit your assets into Belt.fi to get a conveyor belt that delivers optimized yield, and sit back and watch your portfolio grow safely!\\


# Belt Finance介绍

欢迎来到Belt Finance，这是使您的资产收益率达到最优的传送带。

### **什么是Belt Finance？**

Belt Finance是一种AMM协议；该协议在BNB链上融合了多策略收益优化功能，收费低/延误率低，还通过复利，借贷聚合产生收益来实现最大的回报。

与其他交易所不同，您可以立即在稳定资产之间直接交换。不仅如此，Belt.fi还可以让您通过优化策略的挖矿模式自动获得稳定资产的收益，同时还能获得BELT代币。这些功能和流动性背后的所有流程都可以直接通过BSC智能合约工作，而无需任何集中处理。

利用BNB链上的低gas费和高交易速度的优势，Belt Finance在BNB上启动。对于个人来说，以太坊的高成本使资产寻找最佳收益的转移成本过高。BNB链上的Belt Finance通过降低成本摩擦来最大化你的回报。更重要的是，Belt Finance的价值组合将便利性和节省gas费结合在一起，同时基本上也没有暂时性损失。

Belt.fi是非托管的，这意味着除了你之外，没有人可以移动或提取你的存款。

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-49f6209e7bd2be5e81e75bc7529a2db11a31eedb%2F6.png?alt=media)

### **主要特点**

Belt Finance是一种使用户可以保持资产头寸的稳定性，并以最小的风险（几乎没有暂时性损失）获得最大的收益的协议。

我们通过三种主要策略的组合来实现这一目标：

* **便捷的自动化价值复利**
  * Belt Finance通过策略性地利用各种保管库并将每天的最佳次数进行复利来最大程度地提高资产头寸的收益率。
* **收益率优化的策略**
  * bToken不仅仅是一个单一的固定策略。由于它与多种策略相关联，因此会立即转换为可用的最佳策略，从而使您的资产获得最大可能的收益。
* **具有稳定或同值代币的AMM，具有低滑点和低IL（无常损失）**
  * 从DeFi开始，无常损失一直困扰着流动性供应，但由于Belt.fi为您提供了使用各种bToken相互参与而彼此之间几乎没有价格波动的参与bm的可能性，因此您保留了以下便利和保证在获得收益的同时保留您的代币头寸，不会造成永久损失或价格影响。这是因为池包含多个具有相似值/来源的令牌。
  * Belt Finance的AMM功能为制造商（流动性提供者）和接受者（进行代币互换的人）都带来了好处。通过Belt Finance修改收益优化，复合和BELT代币的策略，制造商可以从他们的存款中获得最高的收益。采取者可以利用Belt Finance的低交易费，低滑点和低价格影响。

简而言之，从Belt.fi得到的是：

* **资产头寸稳定，几乎没有无常损失**
* **自动化，最大程度地优化收益**
* **完全去中心化**
* **完全基于治理的BELT代币经济**

将您的资产存入Belt Finance，以获得可以带来最佳产量的输送带，然后坐下来观察您的投资组合安全增长！

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-f7359d8cc0bacb19e0b186ef95d58d0620a2aaf7%2F7.png?alt=media)


# 愿景 & 路线图

## 愿景

我们将打造一个真正的跨链DeFi生态系统。 其中有很多反映比特币的coins，例如WBTC，renBTC，BTCB等，还有很多基于USD的稳定币，包括BUSD，USDT，USDC，DAI，UST等。 这样做的问题在于，将这些交换并存储在保管库中会造成混乱。 尽管coins本身的价值可能是稳定的，但在保持这种安全性的同时产生高收益并不是一个容易的过程。

Belt.fi将这些具有相同性质的代币（即BUSD和USDT）进行池化，从而可以以非常低的费用和极低的延误交换这些代币。 这使DeFi用户有机会在获得高额奖励的同时保持其稳定币的安全性。

Belt.fi的愿景是实现巨大的互操作性，您可以通过向任何交互链的任何资产池增加流动性来方便地获得最大化回报。

自2017年合并以来，Belt.fi身后的团队一直在研究和开发链间技术，并创建了Orbit Chain和相关链间协议。 我们启动了Orbit Chain及其Orbit Bridge IBC协议，该协议在N对N路由上桥接资产。 我们将继续与Orbit Chain进行IBC（区块链间通信）创新，以创建真正的跨链DeFi生态系统。 Belt.fi将成为该生态系统的核心协议。

## Roadmap

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-14451a6f3801862a93eb9ef3c40ed66d9cadd721%2F20220106_161118_1.png?alt=media)

通过我们将在下面进一步解释的跨链交换未来，Belt运营的所有链上的用户将能够轻松、快速、高效地将他们在任何链上的任何代币交换到另一个连接的任何其他代币无需经过复杂的桥接流程或中央交换即可随时随地体验 DeFi。这将真正创建一个流动的跨链DeFi世界，其中 Belt 的跨链交换/池将发挥核心作用。 Belt Finance 将通过简化跨链来帮助DeFi超越多链。

**解释 Q3/Q4 时间表**

自3月份推出以来，Belt 以惊人的速度增长，超出了我们对TVL增长到数十亿的预测和期望。坦率地说，在某个时间点之后，我们经历了一些成长的痛苦，并认识到在进行更大的更改并再次变得出色之前需要稳定和修复协议的一些部分。就像赛车在进站加油一样，我们做了我们需要做的准备再次加速进入赛道。

为此，我们已经在第三季度奠定了基础，以在第四季度将Belt Finance建设得更接近其全部潜力。第三季度的大部分时间都集中在稳定性、优化和安全性上。这是因为我们正在努力实现的目标对于DeFi（一个全面的、真正的跨链平台）来说是巨大的，而且在很大程度上是新的。特别是在我们看到一个不同的跨链协议获得了DeFi历史上最大的约 6 亿美元的黑客攻击之后，我们决定推迟更大的V3版本，以确保我们的协议和跨链 v3 是安全的。为此，我们不遗余力。在BSC的Priority One的支持下，我们通过Immunefi获得了超过 1,050,000 美元的奖金，达到了奖励DeFi历史上最大的漏洞赏金的里程碑。我们还专注于寻找合适的审计合作伙伴，我们将在下面详细解释。

在第三季度，我们开始推动 BELT 代币更接近平台中心，以便 BELT 开始为其持有者带来更多协议背后的巨大价值。使用新的单一质押金库，我们多策略金库的基础收益的额外部分用于在市场上回购 BELT 代币，然后将它们分发给质押者。这导致了一些稳定，因为在这个金库中存有近 100 万个 BELT 代币。

我们还更新了我们的UI，并在Klaytn链上启动了一个多策略收益金库，为 v3 的发布做准备。 有了这个，我们准备在第四季度完成V3更新的发布，这将在下面详细介绍。

**持续改进**

在幕后，我们也一直致力于提高效率。其中包括更好的自动策略比率再平衡，以便我们的TVL存款可以安全、优化地在我们不同的策略协议之间移动，从而为 Belt 用户提供尽可能高的APR。

我们添加了更好的监控系统，以便立即发现并处理任何违规行为。

最后，我们致力于更新4Belt系统，以便4Belt交换更便宜、更高效。我们的金库/掉期系统的复杂性与较小的掉期成正比地产生了高额费用，这使得较小的掉期变得不经济。我们所做的更改将降低复杂性，同时减少整体更便宜、更好的掉期的滑点。这将导致更多的掉期直接产生于我们的稳定掉期，从而产生更多的费用奖励和回购。

## Belt的第四季度更新 <a href="#id-4266" id="id-4266"></a>

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-f043ab564590cd79ba987866c7b7a12bdbb04adf%2F20220106_161118_2.png?alt=media)

**跨链交换与池**

首先，我们在三个不同的链上发布由 3 个稳定币组成的3Tether池：

* BSC上的USDT
* HECO上的USDT
* Klaytn上的KUSDT

新的Belt跨链稳定交换系统还可以连接到现有的基于流动性的DEX，使用户可以将任何代币基本上交换到任何连接链（BSC、HECO、Klaytn）上的任何其他代币。我们将与这些各自链上可用的顶级DEX协议密切合作和连接来启动它。这种连接将扩大这些连接协议中的每一个的流动性以相互覆盖。交换和上述合作伙伴关系意味着我们的跨链稳定交换将成为通过这些DEX协议进行的所有跨链交易的支柱。我们将首先连接 PancakeSwap与MDEX，以覆盖 BSC与HECO上流动性最高的顶级DEX。我们还将连接到KLAYswap，Klaytn 链上最大的DeFi协议。我们和这些新合作伙伴的合并将创建一个流动性超过$7B的Belt跨链DeFi庞然大物，拥有数十万在规模和影响力上无与伦比的独特用户。所有平台都需要在流动性和用户方面具有可扩展性，以避免停滞。 Belt 的新跨链交换将成为流动性基础设施，以允许这些链上交换协议的可扩展性。

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-2947031066e431a21a49f4d5273caad5ef55bd16%2F20220106_161151_1.png?alt=media)

展望未来，我们将添加更多链并连接新的DEX协议，以实现更多的流动性、更多的交易量和高效的掉期。 虽然我们目前的重点是稳定币，但我们最终将扩展以允许 BTC与ETH 等主要资产的跨链交换，因此用户将能够更有效地利用我们的金库中的这些资产，进而扩展我们所有顶级DeFi 协议 连接的链。 我们目前正在与不同的协议团队和公共链基金会进行谈判，以在不久的将来实现这一目标。

本次跨链交换将由一个新的跨链池提供支持，该池由上述 3 个代币组成，即BSC上的USDT、HECO上的USDT与Klaytn上的KUSDT。 总的来说，这个池将被称为 3Tether 池。 用户将能够存入其中任何一个并为3Tether LP做出贡献并获得交易费奖励和 BELT 奖励。LP将在Orbit Chain上创建，因此，LP内的交换将在Orbit Chain上进行。

**对Belt与BELT持有人的好处**

正如我们上面解释的，跨链的巨大流动性的连接将使Belt新的跨链稳定交换成为多个DeFi生态系统的中心，因此利用率和数量都会很高。 更多地利用我们的跨链稳定掉期意味着更多的BELT回购，每次掉期都会为回购累积交易费用。 这将大大增加对抗BELT通胀的购买压力，并创造一个更稳定、更积极的代币。 随着协议的其他改进和更多金库的推出，TVL将增长，从而导致更多的回购。

**改进的代币组学**

关于通货膨胀和代币经济学的话题。我们还在对BELT代币经济进行大规模更改，以提高协议及其支持者的可持续性和稳定性。

我们对使用基于协议收益的回购来对抗 BELT 的无限通货膨胀足以造成通货紧缩的力量的初步预测已被证明是错误的。这是因为随着DeFi协议及其收益系统的成熟，各种因素都发生了变化。与此同时，掉期交易量下降，TVL趋于稳定，这意味着在通胀保持不变的情况下，回购+销毁越来越少。这样一来，持有的动力就不足了。结果发现，“一带一路”中的很大一部分存款不是来自支持者，而是来自复合农民，从而导致更大的抛售压力。这是我们一直专注于改善金库和掉期的基础的另一个原因。

我们认识到需要改进这一点并为支持者提供更多利益。这种转变始于单一的BELT质押金库，为BELT支持者提供协议利润。展望未来，将进行更全面的更改以改进令牌。

减半

为了控制通货膨胀，我们正在实施减半模型。在重复的时间段内，通货膨胀将减半。减半将积极进行。这实质上将创建 22,108,836 BELT 左右的 BELT 供应的最大上限。然而，由于持续烧伤，最终数字会更低。

随着排放量的减少，BELT回购的效果会更大，更多的人会被激励去Staking（由于回购 → BELT 单一 Staking 池的奖励）。您可能想知道由于排放量减少而导致的金库收益，但由于收益的很大一部分来自我们的皮带代币的策略协议，而这反过来会得到改善，收益将保持不变。降低排放量将减少由自动混合协议出售的 BELT 的比例，这是导致BELT代币高抛售压力的最大因素之一。在维持和增加回购金额的同时降低卖压将创造更积极的价格流动。

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-98e205e600b4ee604bdc6fea021558ad785406b2%2FBELT%20%EB%B0%98%EA%B0%90%EA%B8%B0%20%ED%91%9C\(%EC%A4%91\)%20\(1\).png?alt=media)

当达到上限时（排放结束），Belt Finance平台的收益将直接以质押奖励的形式给予用户。 回购和销毁/抵押奖励将越来越有影响力，因为它们直接影响通货紧缩。 BELT 持有者将从 Belt Finance 平台本身获得越来越多的价值。 第一次排放减半将发生在BSC区块14,500,000。 有关我们的排放减半模型的更多详细信息将很快发布。

**其他令牌组学改进**

与其他DeFi协议不同，Belt 从未从团队的利润或使用中收取费用。 我们已经从收益和掉期费用中收取了控制费，用于直接回购和销毁BELT，最近还提供给BELT单一权益人。

我们已决定从基础收益率和掉期中增加控制者费用。这笔更大的控制费将用于更激进的 BELT 回购，从而为 BELT 代币创造更大的买方压力。

我们还将使用BELT单一质押池向我们的支持者分发更多的基本收益率 BELT 回购，这将转换为更高的收益率。

发生这种情况时，我们将添加更多策略协议，以便基本收益率和随后的回购更高。

**审计**

如上所述，我们与许多审计团队进行了交谈和审查，以找到适合我们的团队。 我们已经使用DeDaub完成了对V3更新的完整、全面的安全审核。 他们是著名的安全专家和教授团队，受到以太坊基金会等机构的信任。Immunefi向我们推荐了这个团队，因为他们的工作无可挑剔。 本次审计预计将于 11 月初/中旬完成。 我们将在审计完成后开始发布更新。

**治理**

我们在第四季度发布了期待已久的治理系统。 由于该协议的形状现在通过带令牌金库、改进的链上稳定交换和跨链交换稳定下来，现在是我们的支持者自己决定协议的更精细细节和方向的时候了。

这些提议将包括：

一般的：

* 添加新的策略协议
* 在跨链交换中添加新的AMM
* 操作周期（暂停策略，停用池/金库）

系统参数

* Vault 回购 → 燃烧率
* Vault 回购 → Staking 奖励率
* 合同实施更新
* 改变采矿率
* Belt Governance将是一个基于提案和投票的去中心化系统。本次投票还将导致BELT燃烧和参与者奖励的增加。

## 早期里程碑

2021-02-22 BSC（币安智能链）上的 Belt.fi 合约部署

2021-02-26 Belt.fi 网站上线

2021-03-10 初始公共分配分配活动通过 PancakeSwap IFO (<https://pancakeswap.medium.com/belt-fi-belt-ifo-to-be-hosted-on-pancakeswap-353585117e32>) 开始

2021-03-10 矿池流动性挖掘开始（<https://bscscan.com/block/countdown/5559747）>

2021-04-21 新的金库，多策略收益池启动 (<https://medium.com/belt-finance/belt-finance-v2-multi-strategy-yield-new-pool-vaults-f104c14062cc>)

2021-05 跨链扩展到 HECO Chain (<https://medium.com/belt-finance/heco-on-belt-finance-guide-to-providing-liquidity-c9ebd2f84393>)

2021-07 皮带回购基金启动

2021-09 跨链扩展到 Klaytn链 (<https://medium.com/belt-finance/klaytn-on-belt-finance-launch-schedule-and-whats-coming-next-5b1aa78ad0c9>)

2021-09 UI更新、BEL单一质押、代币经济学更新（<https://medium.com/belt-finance/belt-single-staking-vault-updated-tokenomics-5103dad7191f>）

随着日程安排的确定，将添加更多详细信息。


# 团队

简要概述我们是谁，并且我们做了哪些～

Belt.fi是由Ozys创建的一款协议，Ozys是一家领先的区块链技术公司，成立于2017年。Ozys与公有链基金会密切合作，创建了广泛使用的，基于区块链的尖端服务，侧重于DeFi和跨链互操作性。

Ozys是Klaytn治理委员会以及跨国企业和组织的成员，这些跨国企业和组织包括Binance，Huobi，MakerDAO，LG Electronics和Kakao。

Ozys的各种协议的TVL总价值超过了7亿美元，已通过各种审核进行了稳定和安全的操作，包括Certik（KLAYswap），QuantStamp（KLAYstation），Bits of Bits（EveryDAI）和SOOHO（Allbit）的审核。

**Orbit Chain**

Ozys拥有自己的区块链Orbit Chain（$ ORC），这是一个成立于2018年的PoS共识链，该链整合了各种区块链以无缝连接零散的代币经济。 Orbit Chain当前存储，传输和验证8个以上公有区块链的信息和资产，包括比特币，以太坊，Ripple，Klaytn，Terra，ICON与Polygon。

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-94c83fdd17813d3b155eeaacc99568ec8c0626bc%2F3.png?alt=media)

与其他注重互操作性的区块链不同，Orbit Chain实际上通过Orbit Bridge IBC协议支持异构链上资产之间的无限制交易和转账。

#### Orbit Bridge

Bridge IBC是一种允许原始链资产移动到目标链的协议。 从本质上讲，它是一种简化的替代方法，可以代替进行交换和swapping，因此会招致与之相关的所有风险，如复杂性和费用。 Orbit Bridge通过基于Orbit Chain的智能合约完全工作， Orbit Bridge可有效支持使用多种资产的DeFi项目。 它通过检测其他链的流动性来解决许多DeFi协议所具有的流动性问题。 这也为开发人员在构建项目时轻松使用异构链资产提供了可能性，并随后为日常用户提供了新的增长机会。

自2020年10月上线以来，Orbit Bridge改变了Orbit Chain生态系统，进而改变了与其相连的链条生态系统。 通过Orbit Bridge进行的跨链通信或IBC，使Orbit Chain成为跨链资产的枢纽。 凭借这一点，我们取得了成就，可通过注入流动性和提高异构链上的资产可用性，为整个DeFi生态系统增添巨大价值。

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-092ccba8aaa30e0ce754e39b69f9209346f95b54%2F%EC%98%811.png?alt=media)

目前，Orbit Bridge已连接以太坊，Klaytn，ICON，BSC，Ripple，已在超过360,000笔交易中桥接了价值超过13亿美元的资产。

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-145b46e2db454173619fa602f12abbc2937e7339%2F20220114_131041_1.png?alt=media)

Orbit Bridge的验证者由世界一流的区块链项目组成，并包括Hashquark和Everstake等专业验证器，以及基于Klaytn，ICON，BSC等Mainnet项目。

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-4844e9edcfd1826c1c171d5b590cf5aa82d40b70%2F20220114_131041_2.png?alt=media)

Orbit Bridge为不同的协议提供了巨大的流动性，并随后使它们得以发展壮大。 从本质上讲，我们使连接到Orbit Bridge的异构链（Klaytn，ICON等）可以充分利用以太坊DeFi网络的庞大流动性。 Orbit Bridge使异构链的协议开发人员能够合并和使用大量ETH资产（例如ETH，USDT，DAI，ORC）来开发DeFi项目，例如流动性挖矿和其他协议。 由于新资产将在不同的非以太坊DeFi协议上可用，因此它也为普通持有者提供了更多机会。

#### **KLAYswap**

Ozys还创建了各种DeFi协议。 最著名的协议之一是KLAYswap，这是一种基于Klaytn的AMM DEX。

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-10fcbb3e11e2be3b869acbea7b2a2f71517083c8%2F4.png?alt=media)

KLAYswap提供了围绕Orbit Bridge转至Klaytn的以太坊资产以及Klaytn的本地代币构建的各种流动资金池。 这些资产的一部分如上图所示， KETH，KUSDT，KDAI和KORC代表其以太坊等价物（ETH，USDT，DAI，ORC）。 KLAYswap用户可以使用Orbit Bridge将其资产转换为这些Klaytn兼容令牌（KCT）格式，然后再为KLAYswap流动资金池提供流动性挖矿。

推出仅三个月左右，KLAYswap的TVL收入已超过3亿美元，已完成360,000笔交易。

#### **KLAYSTATION**

Ozys另一个值得注意的项目是Klaytn的staking工具KLAYSTATION。 KLAYSTATION目前拥有超过2亿个KLAY质押，并且还提供SKLAY，这是为质押的KLAY提供的影子流动性代币。

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-754682b5ddfe1a9dd11b36886a4b7b690f40864e%2F5%20\(1\).png?alt=media)

Ozys致力于研究异构链的互操作性，并进一步开发具有更好产品和服务的DeFi生态系统。 这样做，是为了ozys可以通过允许各种主网上的更多DApp增长来创建更广泛的受众和稳定的区块链生态系统。

\[Official sites & communities]

官网及社区

* Orbit Bridge: <https://bridge.orbitchain.io>
* KLAYswap: <https://klayswap.com>
* KLAYswap Twitter: <https://twitter.com/KLAYswap>
* KLAYswap Medium: <https://medium.com/klayswap>
* KLAYstation: <https://klaystation.io>
* Orbit Chain: <https://orbitchain.io>
* Orbit Chain Explorer: <https://explorer.orbitchain.io>
* Orbit Chain Voting & Governance: <https://voting.orbitchain.io>
* Orbit Chain Telegram: <https://t.me/Orbit_Chain>
* Orbit Chain Global Telegram: <https://t.me/OrbitChainGlobal>
* Orbit Chain Twitter: <https://twitter.com/Orbit_Chain>
* Orbit Chain Medium: <https://medium.com/orbit-chain>
* Orbit Chain Discord: <https://discordapp.com/invite/PJzE63A>

\[Repositories of our work]

* <https://github.com/orbit-chain>
* <https://github.com/KlaySwap>
* <https://github.com/klaytn-ozys>


# 了解3Tether

3Tether在BNB、HECO与Klaytn链上可用。 这是了解3Tether BLP池与3Tether代币基础知识的简短指南。

4Belt BLP池是一个流动性池。流动性池是智能合约中的代币池。对于4Belt BLP池，是由USDT(BSC)、USDT(HECO)、KUSDT(KLAYTN)代币组成。[您可以在这里了解有关流动性池的更多信息](https://docs.belt.fi/v/chinese/understanding-belt/understanding-liquidity-pools)。

首先，我们在三个不同的链上发布由 3 个稳定币组成的3Tether池：

* BSC上的USDT
* HECO上的USDT
* Klaytn上的KUSDT

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-c985ce2e6e7d1084baf753adf5775040f0385b1d%2F1%20\(1\).png?alt=media)

由于实际的跨链桥接是通过稳定币交换发生的，因此用户将能够轻松地将资产从一条链转移到另一条链， 套利损失（Impermanent Loss）与滑点较低，而无需去中心化交易所。 为了实现这一点，我们正在利用Orbit Chain及其[Orbit Bridge](https://bridge.orbitchain.io/)（一种去中心化的跨链桥接协议）来促进跨链交换方面。交换发生在Orbit Chain上，我们的Belt Router合约在每条链上，我们的 StableSwap、SwapReceiver合约在Orbit Chain上处理不同的流程与LP创建，以使Orbit Chain上的跨链稳定交换成为可能。

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-69fc1f5c6c3f74ee73911fdf0457ba5b8f9580e5%2F2%20\(1\).png?alt=media)

Belt的新跨链稳定交换系统还可以连接到现有的基于流动性的DEX，使用户可以将任何代币基本上交换到任何连接链（BSC、HECO、Klaytn）上的任何其他代币。我们通过与这些各自链上可用的顶级DEX协议密切合作和连接来启动它。这种连接将扩大这些连接协议中的每一个的流动性以相互覆盖。交换与上述合作伙伴关系意味着我们的跨链稳定交换将成为通过这些DEX协议进行的所有跨链交易的支柱。我们首先将 [PancakeSwap](https://pancakeswap.finance/)与[MDEX](https://mdex.co/)连接起来，以覆盖BSC与HECO上流动性最高的顶级DEX。我们还连接到[KLAYswap](https://klayswap.com/)，这是Klaytn链上最大的DeFi协议。我们与这些新合作伙伴的合并将创建一个流动性超过 70亿美元的Belt跨链DeFi庞然大物，以及数十万在规模和影响力上无与伦比的独特用户。所有平台都需要在流动性与用户方面具有可扩展性，以避免停滞。Belt的新跨链交换将成为流动性基础设施，以允许这些链上交换协议的可扩展性。

展望未来，我们将添加更多链并连接新的DEX协议，以实现更多的流动性、更多的交易量和高效的掉期。虽然我们目前的重点是稳定币，但我们最终将扩展以允许 BTC与ETH等主要资产的跨链交换，因此用户将能够更有效地利用我们的金库中的这些资产，进而扩展我们所有顶级 DeFi 协议 连接的链。我们目前正在与不同的协议团队和公共链基金会进行谈判，以在不久的将来实现这一目标。

本次跨链交换将由一个新的跨链池提供支持，该池由上述3个代币组成，即BSC上的USDT、HECO上的USDT、Klaytn上的KUSDT。总的来说，这个池将被称为3Tether池。 用户将能够存入其中的任何一个并为 3Tether LP做出贡献并获得交易费奖励与BELT奖励。 LP将在Orbit Chain上创建，因此，LP内的交换将在Orbit Chain上进行。

### 赚取政策

Belt.fi的一个主要功能是成为贷款聚合器。当利率在策略协议之间变化时，资金会自动在策略协议之间转移。Belt.fi完全优化了终端用户的利息计提流程，以确保他们始终获得我们互联平台中的最高利率。每6小时自动将从每个beltStrategy合同中获得的收益添加到您的存款中。

* 交易示例<https://bscscan.com/tx/0x6e8389aef0451c2c3907930f591ab6c586debb5e4a46f17ac7dd9a457384b8d3>

可以在此处查看我们部署的所有合同地址：（<https://docs.belt.fi/contracts/contract-deployed-info），并且我们部署的所有合同均已在BSCSCAN上进行了验证。>


# 了解4Belt

下面的简要指南可以让大家快速了解4Belt BLP池和4Belt代币的基础。

4Belt BLP池是一个流动性池。流动性池是智能合约中的代币池。对于4Belt BLP池，是由BUSD、USDT、USDC和DAI代币组成。[您可以在这里了解有关流动性池的更多信息](https://docs.belt.fi/v/chinese/understanding-belt/understanding-liquidity-pools)。

![](https://cdn-images-1.medium.com/max/1600/0*_h6LcldN0UkG-x8t)

4Belt由4种Belt代币（beltBUSD，beltUSDC，beltDAI，beltUSDT）组成。 Belt代币是由每个协议的beltSingleToken和beltStrategy组成的多策略代币。 我们创建该体系结构是为了belt代币的可伸缩性。 这种体系结构可以添加或升级策略，以向用户提供更好的APR。 我们还设置了策略之间的闲置比率，以处理大量资产并为暂时挂起的策略做准备。

我们的目标是使4Belt成为您最佳选择，我们将努力保持稳定币位置的，同时让您获得最佳的可靠收益。 了解4Belt和BeltToken很简单。 简而言之，它是代币的基值+持有代币时从收益中增加的价值。 我们正在努力使4Belt和beltTokens成为独立的资产，可以在其他dex和其他BSC DeFi协议中进行交易和交换。 我们将努力做到这一点，以便当用户想要持有稳定币时，默认持有4Belt，并且BeltBTC将比仅持有BTC更具优势。

基本上，我们的4Belt是通过 stableswaps 创建的，因此具有该系统的某些特征。 首先，您可以查看这个池的详细信息，您在存款或取款时可以利用这些信息。

![(Screenshot A)](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-8fba2cf6b0347667df8096655253d4f6333df9ee%2FScreen%20Shot%202021-05-03%20at%206.11.50%20PM.png?alt=media)

此屏幕截图是4Belt BLP池的细分类目。DAI较低，这意味着您可以以略高于其他金额较高的4Belt代币（如BUSD）的价格将其存入（“出售”）。其背后的想法是，交易员/储户受到激励，促使价格回落，以保持一定的比率。

## 当您向4Belt池提供流动性时会发生什么？

您可以选择存入一种或多种稳定币。

如果您存入一种稳定币，它将转到为闲置率选择的策略。 因此，如果您存入DAI，它将以DAI，USDC，USDT或BUSD之一的形式发送到特定策略。 当人们在不同的代币之间进行交易时，代币的价值也在不断变化，而且代币池的比率也在变化。

### 我存入哪种代币重要吗？

您可以将一个或所有代币存入池中，不会影响您的收益。 您的代币将被拆分到池中，这完全不会影响您获得的回报。 但是，有一个存款奖金/罚金制度会影响您的初始本金的价值。

### 存款奖金

你可以在上面的截图A中看到，在池中DAI的比例相对较低,如果你的计划是在那时加入池中，你最好把DAI存入池中。与池中比率较高的其他代币相比，这会给你多一点“奖金”

这有两个主要原因：

l 一个主要的原因是，池总是试图平衡自己并平衡到相等的部分（即每个代币25％），因此以最低比率存入代币会获得一笔存款奖金。

l 另一个原因是稳定币也存在价值波动。 如果某个代币的价格稍高一些， 就会有额外的奖金。

如下所示，存入1000 DAI比存入1000 BUSD可获得多一点4BELT BLP。 请注意看4BELT BLP获得数量和奖金的数字。

![(Screenshot B)](https://gblobscdn.gitbook.com/assets%2F-MTjMAvVgCB9xJ8No0Ch%2F-MZzuHwwVNZB7ihfhWDK%2F-MZzxJQlv_l1rojHsGyu%2FScreen%20Shot%202021-05-06%20at%201.35.07%20PM.png?alt=media\&token=4792150f-53fa-4043-9ad7-361ef33075e0)

### 提款奖金

当您提款时，原则同样适用（但是与存款相反）。 提款比例最高的稳定币可为您带来奖金。 但是，您可以选择要提款的任何稳定币或稳定币组合。

### 奖金计算

计算方式如下

I =（（（接收的代币价值）−（转移的代币价值））\* 100）/（转移的代币价值）

## 了解 4Belt APR

对于4Belt BLP池，APR是通过4Belt APR（我们的策略协议中多策略收益的基准APR）、交易费用APR（这是24小时平均值）和BELT代币奖励的组合来计算的。

您可以随时通过单击Belt Finance网站上4Belt池旁边的放大镜图标查看细分。

在撰写本文时，4Belt BLP奖励是这样的：

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-eabd665d23be1c54d8c6de45d40ff8abe4704093%2FScreen%20Shot%202021-05-03%20at%206.43.33%20PM.png?alt=media)

正如您在屏幕截图中看到的，总APR是前面提到的4Belt APR、Trading Fee APR和BELT APR的组合。

**当您在4Belt池中存款获得奖励时，您的代币数量不会增加，但每个4Belt BLP代币的价值将随着4Belt APR和交易费APR的增加而增加。**

* *4Belt APR每6小时自动合成一次4Belt BLP代币的价值。*
* *l 每次交易时，交易费用APR自动复合到您的4Belt BLP代币的价值中。*

l Belt APR奖励是实时添加的，可以在“BELT EARNED ”部分单独查看。这些可以随时收割

## 4Belt代币的价值

4Belt代币代表基础代币（稳定币）的平均值，同时也代表我们迄今为止的多策略收益率和交易费用的收益率。

随着时间的推移，应用的收益率越来越高，并且更多的策略协议提供了更高的收益率，4Belt代币的价值将不断增加，因为该收益率每6小时自动合成一次。

以下是我们用于计算4Belt价格的方程式：

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-6cbcc41a2038dbb5d7ed89a29c77cb83d77a0b8e%2Fimage%20\(23\).png?alt=media)

TLDR：1 4Belt代币 > 1 USD。 只要基础稳定币（USDT，BUSD，USDC，DAI）保持与美元的钉住汇率，价值就会持续上升

### 赚取政策

Belt.fi的一个主要功能是成为贷款聚合器。当利率在策略协议之间变化时，资金会自动在策略协议之间转移。Belt.fi完全优化了终端用户的利息计提流程，以确保他们始终获得我们互联平台中的最高利率。每6小时自动将从每个beltStrategy合同中获得的收益添加到您的存款中。

交易示例

<https://bscscan.com/tx/0x6e8389aef0451c2c3907930f591ab6c586debb5e4a46f17ac7dd9a457384b8d3>

可以在此处查看我们部署的所有合同地址：（<https://docs.belt.fi/contracts/contract-deployed-info），并且我们部署的所有合同均已在BSCSCAN上进行了验证。>


# 了解belt代币(beltBTC, beltETH, beltBNB, etc.)

保险库复合和产量优化

![](https://cdn-images-1.medium.com/max/1600/0*_jxk9IY8S18xeoWF)

###

beltTokens是指您在存入belt Finance金库时收到的belt代币（beltBTC、beltETH、beltBNB等）。beltTokens在本质上是一个存款收据。它们代表了belt储户合同中提供的流动性。Belt代币是复合保险库代币。

例如，如果您将BTCB存入Belt BTC保险库（Belt储户合同），您将收到beltBTC作为回报。

所有Belt代币保险库都应用了多种策略。 可以在上图中看到其背后的想法。 进入Belt Finance的每笔代币存款都不会完全按照单一策略进行。 存款在我们不同的策略协议之间分配，以通过在不同协议之间分散风险来优化收益和安全性。 通过“ Keepers”决定的比率来操作存款，您可以在体系结构中看到该比率。

#### *当你提供流动性的储户合约产生收益时，你的belt代币会增值，因为它们代表了保险库的一部分。这就是为什么你会看到价格上涨*。多策略收益率中的基准APR每6小时自动添加一次，并与beltToken的价值复合。这与任何belt奖励是分开的。

#### 基本上，每个belt代币代表基础代币+到目前为止我们多策略收益的收益（例如beltBNB = BNB +基础多策略收益）。

Belt代币是BEP-20，这意味着它们可以作为任何其他BSC代币进行转让和交易（截至目前，我们建议仅通过Belt Finance进行，因为其他方法可能容易受到诈骗）。当您从Belt Finance 池/保险库提取流动性时，您的belt代币将被烧毁。

BeltToken会自动以更好的费率将您的稳定币与协议进行平衡。 此过程是免费且非托管的。

### belt代币 保险库

保管库是一种资本池，可以根据市场中存在的机会自动产生收益。 保管库通过分散gas成本，自动化产量生成和再平衡过程以及在机会出现时自动转移资金来使用户受益。 最终用户也不需要精通DeFi或所涉及的底层协议，因此，保管库是一种被动投资策略。

### belt代币 赚取政策

Belt.fi的一个主要功能是成为贷款聚合器。当利率在策略协议之间变化时，资金会自动在策略协议之间转移。Belt.fi完全优化了终端用户的利息计提流程，以确保他们始终获得我们互联平台中的最高利率。每6小时自动将从每个belt策略合约中获得的收入添加到您的存款中。

交易示例

<https://bscscan.com/tx/0x6e8389aef0451c2c3907930f591ab6c586debb5e4a46f17ac7dd9a457384b8d3>

## 关于belt代币的价值

如上所述，belt代币代表基础代币的价值（即beltBTC的BTCB）+迄今为止我们多策略收益的收益。

随着时间的推移，应用的产量越来越高，并且更多的策略协议提供了更高的产量，随着每6小时自动合成一次产量，belt代币的价值将不断增加。

您可以通过BSCSCAN链接和名为“ getPricePerFullShare（）”的参数来检查BeltToken的合约数据（基础代币交换率）

例如： beltBTC

<https://bscscan.com/address/0x51bd63F240fB13870550423D208452cA87c44444#readProxyContract>

TLDR:1 belt代币>1基础代币的值(e.g. 1beltBTC>1BTCB）

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-8aa62b71da13eb124411e30123a650b0b9add861%2Fimage%20\(2\)%20\(2\).png?alt=media)

例如，如果您将0.0057 BTCB存入此单个BTCB保险库。您将获得约0.005679849728068439 beltBTC，不包括目标策略的存款手续费。

可以在此处查看我们部署的所有合同地址：（<https://docs.belt.fi/contracts/contract-deployed-info），并且我们部署的所有合同均已在BSCSCAN上进行了验证。>

## 多策略belt代币

所有的Belt Finance保险库/池（ venus 池除外）都应用了多种策略。

可以通过yearn.finance看到多策略收益优化的基本思想。 yearn制定了一种策略，可以在Compound，AAVE和其他借贷协议之间决定和重新平衡他们的TVL。

这种多策略对我们来说将是可怕的。

如果我们选择一种具有最佳APY的协议并将所有TVL放入该协议中，则APY将会暴跌，并成为BSC中最差的速率……这是因为我们的TVL很高，而BSC与之相比没有大量的借贷协议以太坊。

因此，我们创建了多策略belt代币，而不是将它们代表的全部资产都存放在单个策略中。通过“ Keepers”决定的比率来操作存款，您可以在体系结构中看到该比率。

我们的目标是在每个层之间实现解耦，以便我们可以定义标准接口，并在需要时使每个层独立工作。对于多策略收益，我们将找到最佳的协议和比率，这将使Belt.fi成为无限扩展的协议。

不必担心我们会管理策略之间的比率（setRatio）。 Belt.fi是一项非托管协议，因此没有人可以触摸您的资产。而且，我们也不能随意添加或删除策略。如果您不希望采用多策略，则只需将您的资产存入venus 池即可。

### 带beltTokens的跨链DeFi（即将推出）

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-167847a091c6c4619a53daa0867d1ce372560f32%2Fbelt_iamge02%20\(1\).png?alt=media)


# 对流动性池的理解

如果你是BSC或DeFi的新手，流动性池可能是一个复杂的概念。我会尽我所能帮助你简单地理解。

流动性池是智能合约中的代币池。如果您要创建一个DAI和BUSD池，其中1 DAI=1 BUSD，那么您将拥有相同数量的代币，比如说在您存款时池中有1000个代币（1000 DAI和1000 BUSD）。

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-57b396d38dab730bde74e933a54dbb25fdb6fceb%2FScreen%20Shot%202021-02-19%20at%205.19.14%20PM.png?alt=media)

如果交易者A将100 DAI兑换为100 USDB，您的池中将有1,100 DAI和900 BUSD，因此BUSD的价格会略微偏低，以鼓励另一位交易者将BUSD兑换为DAI，并将池平均返回相同 1：1的比例。

您可以查看每个池的这些详细信息，这是您在存款时可以利用到的一些信息。

### **What are the pools in Belt.fi?**

![](https://uploader.shimo.im/f/fMyhTBYgdcF6d8Rt.png!thumbnail)

在Belt.fi中，所有tokens或LP tokens都可以被池化。 池的组成由通过AMM支持滴交易费和低滑点的具有相同来源或相同价值的tokens和 LPs。 我们协议中最好的组合将产生更多的收益，并为Belt.fi集合流动性提供者带来更多的激励。 其中一些池可能包含以下几种：

* 即时交换协议（如PancakeSwap）LP池
* 具有借贷协议（如Venus）token池的保险库
* 抵押资产和资产（如ETH-BETH）
* tokens+pool tokens（例如VAI-Venus池）池
* 具有AMM利润的非收益非永久性损失稳定保险库

种类繁多的池类别为每个用户提供了众多选择。 AMM激励并非唯一选择。 池可以由bToken组成，从而激励用户将钱存入单面保险库并无需依赖AMM费用返还进行BELTtoken的挖矿。

Belt.fi致力于为用户提供最大的可能性。 随着BSC DeFi生态系统的不断发展，不采用单一策略（例如AMM或自动组合）会建立一个具有多个策略并发工作的领域，从而获得最大收益。


# 了解多策略金库费用

Belt.fi v2的多策略系统本身不收取费用，但会根据金库使用的策略协议收取费用。 任何未使用的费用将作为池中的资本金。

**入场费**

**从根本上讲，根据合约Belt.fi Belt BeltMultiVaults 确实不会收取一定的入场费。 所产生的入场费均为存入该策略协议时的入场费。**

存入保管库是通过以下两个流程之一进行的：

* deposit2（directDeposit）
  * 这是立即且直接存入策略协议的保管库/池。 Belt Finance本身不收取任何费用，而产生的任何费用就是该特定协议的入场费。
* deposit1（delayDeposit）
  * 这是策略协议/池的延迟存款，可通过将其分散到多个存款中来节省gas费。 在这种情况下，会保守计算出协议的入场费，并先收取费用。

目前，入场费从0％到0.11％不等，具体取决于存款时使用的策略。

**任何未使用的入场费将作为池中的资本金。**

退出/取款费用

**从根本上讲，根据合约Belt.fi BeltMultiVaults不会收取任何退出费。**

**如果在提款时使用的策略协议确实收取了退出费，则将根据该策略协议的规则收取提款费。 提款费根据多库池的状态而变化，以保持池的比例稳定。**

如果可能因策略协议的退出而产生额外费用，则“Belt策略”合约将保留一小笔退出费用以对冲它。 **同样，任何未使用的提款费将作为池中的资本金。**

目前，取款费的范围从0％到0.06％，具体取决于取款时使用的策略。

关于每种策略费用的详细信息

### Venus

* APY:
  * 来源：供应利息-借入利息+ XVS分配
  * base\_APY\`的计算：（VaultSupplyValue \* supplyAPY-VaultBorrowValue \*借款APY + Expected\_XVS\_APY \* 0.92）/（VaultSupplyValue-VaultBorrowValue）

\[注意] 此基本APY计算方法与现有Venus池相同。 但是，我们通过将Expected\_XVS\_APY乘以0.92可以显示更精确的方法。

* Fees
  * entryFee：0.05％（originationFee 0.1％套期保值）
  * controllerFee：XVS分发奖励的8％
    * 这仅用于回购+销毁$ BELT
  * 取款手续费：0.05％（原定手续费0.1％对冲）

### Fortube

* 每日发行量：100,000 $ FOR（〜$ 12,400）
* APY
  * 来源：供应利息-借入利息+ FOR分配
  * base\_APY\`⇒（supplyValue \* supplyAPY-借值\* roweAPY + Expected\_FOR\_APY \* 0.92）/（supplyValue-借值）
* Fees:
  * 入场费：0.05％（目前无发起费）
  * controllerFee：FOR分配奖励的8％
    * 这仅用于回购+烧掉$ BELT
  * 取款手续费：0.05％（目前无始发手续费）

### Alpaca

* APY
  * 来源：借贷利息+存款利息
  * BASE\_APY\`：贷款利息\* 0.92 +抵押利息\* 0.92
* Fees
  * entranceFee: 0%
  * controllerfee：贷款利息的8％，抵押利息的8％
    * 仅用于回购+销毁$ BELT
  * withdrawalFee: 0%

### Alpha Homora

* APY
  * 来源：借贷利息
  * BASE\_APY：借贷利息\* 0.92
* Fees
  * entranceFee: 0%
  * controllerFee\` : 8% 贷款利息
    * 仅用于回购+烧掉$ BELT
  * withdrawalFee: 0%

### Ellipsis

* APY
  * 来源：3pool基础APY +奖励APY
  * BASE\_APY：3个基本APY +奖励APY \* 0.5 \* 0.92
* Fees
  * entranceFee: 0%
  * controllerFee：可要求分配的EPS的8％（如果立即领取奖励而不是归属奖励时，则Ellipsis会收取50％的罚款）
    * 仅用于回购+销毁$ BELT
  * 取款费用：0.01％+Ellipsis的罚款
    * (根据3pool的状态，提款时可能会受到罚款。为对此进行对冲，我们将保留0.01％的费用。未使用的资金都可归为池中资本金。）


# HECO on Belt Finance：启动时间表,跨链采矿等！

![](https://miro.medium.com/max/2000/0*NWqKqlDhE0gCqXA_)

我们作为Belt Finance背后的团队,一直在努力为Belt增加价值和功能。Belt.fi从BSC社区看到了前所未有的热情,管理着超过$3B的总价值锁定（TVL）,无数的用户收获了我们多策略保险库的好处。V2的推出带来了更高的TVL和更多的用户,因此,BELT已成长为BSC生态系统中最大的项目之一。

但是,我们的目标是提供一个完全去中心化的服务,无论在整个链条上,我们都不断为我们的用户提供DeFi生态系统中最高,最可靠的APY。为此,我们正在努力向保管库添加新的策略协议,但现在也正在扩展以支持Belt.fi上的其他链。

这些新增加的内容对于提高“BELT Finance”的整体价值至关重要。随着TVL的增加,Belt.fi的价值也将增加,代币的稀缺性与我们的代币学相同（在下文中有更多解释）。此次跨链更新将巩固Belt Finance作为领先的stableswap AMM协议，并实现多策略收益优化。

我们自豪地宣布,随着Belt.fi上的HECO Chain的推出,实现了我们跨链路线图的第一步。凭借HECO,BELT正以高基础产量进入令人振奋的新市场。

Belt Finance支持HECO将把Belt Finance的优势带入HECO生态系统,并为我们的协议带来许多新的用户和新的流动性。当我们打开新的保管库并连接具有较高基本年利率的HECO DeFi协议作为策略时,HECO生态系统的用户将利用Belt的高效AMM和多策略收益保管库获得基于HECO的代币,以获取最高的可用收益。

我们欢迎来自HECO的这些新用户加入我们的BSC用户,以受益于跨链DeFi（即Belt）的创新,并且我们将继续在我们支持的链上提供无与伦比的收益。HECO和BELT的联盟将带来的新机遇令我们感到兴奋,并将继续在跨链DeFi领域开发新的创新。

**Belt Finance将于5月21日11:00（GMT +8）在HECO上正式启动,通过多策略金库良率优化开放其AMM,并同时支持HT,BTC,ETH,HUSD,USDT,USDC和DAI单库作为wHT-hBELT LP和4Belt stablecoin LP池。**

## hBELT <a href="#id-0509" id="id-0509"></a>

我们还正在实施跨链BELT挖矿,这是Orbit Chain及其跨链masterchef实现的壮举。本质上,BELT代币总排放量的一部分将桥接到HECO链上,用于在HECO Belt上进行流动性开采。

关于hBELT和跨链BELT挖矿,需要了解以下一些关键点：

* BELT桥接到HECO Chain的BELT是hBELT。
* hBELT不是单独的BELT代币,它只是不同链上的相同资产。当通过BSC上的智能合约锁定BSC上的BELT时,会发出hBELT。这意味着,包括循环供应膨胀在内的BELT代币经济学保持不变。
* BELT代币的总体指标（ 流通供应量 ，通货膨胀率等）保持不变，但BELT代币在HECO领域有了新的发展。这为TVL较高的情况下增加了收益和相关的回购与烧钱提供了新途径。
* 治理启动后，BELT持有者将跨不同链控制BELT融资协议
* hBELT流动性挖矿将以相同的结构分配给HECO上的BSC等效资产（BELT,BTC,ETH和稳定币）。您可以将其视为鼓励同一资产（例如BTC）更多流动性的存款进入Belt Finance协议,但在不同的链上除外。
* 与采矿分配逻辑相同，BELT实质上是通过hBELT将HECO Chain的价值添加到Belt Finance中。

流动性挖矿将于5月21日17:00（GMT +8）开始。在HECO上进行BELT采矿的详细信息如下：

现在,BELT总排放量的25％将用作HECO Belt上的流动性开采奖励。在HECO排放中：

* wHT-hBELT：48％
* heco4皮带：32％
* BTC：12％
* ETH：4％
* HT：4％

这改变了总的BELT排放量开采分配结构：

![](https://miro.medium.com/max/634/0*_hwQ_YZClZMHoOnD)

通过Belt在HECO上的发布,我们正在展示我们致力于带来创新的多策略金库收益优化跨链的承诺,并在巩固我们的协议地位向前迈进,不仅可以在一个链上,而且可以在整个链上找到最佳资产收益整个DeFi世界。

**接下来会发生什么**

HECO on Belt Finance的介绍是一个更新,旨在增加我们的TVL和策略的可用性以及用户数量。这不会以任何方式影响整个经济体。如果有的话,通过为像HECO这样的大型链提供支持,我们希望此更新将以重大方式为Belt Finance的发展做出贡献。这只是我们跨链计划的开始,我们将继续在不同的主网链（Polygon,Ethereum,Klaytn等）上增加对DeFi的支持,同时保持BELT代币的稀缺性。

我们还将添加桥接资产池,并通过Belt的stableswap AMM支持不同主网资产的跨链交换,其中Belt作为分散的UX桥。

这些由Orbit Bridge提供支持的跨链交换将允许BSC,HECO和其他连接链之间各种由Belt支持的资产和数据进行流畅的移动-与其他协议相比,这一优势仅由Belt Finance背后的团队Ozys可以提供,主要是在这要归功于我们在跨链DeFi方面的专业知识。Orbit Bridge是基于由Belt Finance背后的团队构建的OrbitChain的跨链IBC协议。它目前连接多个主网（BSC,HECO,Polygon,Klaytn,以太坊,ICON等）,并支持跨链桥接超过50亿美元的资产。

不仅如此,我们计划不仅在我们支持的各种链上提供最佳的,优化的收益率,而且还将使跨链收益率成为可能。

随着我们的路线图建立更多真正的跨链连接,“BELT Finance”将有巨大的增长空间，这只是刚开始的第一步。

我们感谢大家一如既往的支持！请继续关注更多激动人心的更新和发展。

**关于Belt Finance**

Belt Finance的stableswap AMM通过提供比其他掉期协议低得多的滑点,为用户提供了最有效的方式来交换其稳定币。Belt Finance还致力于通过结合交易费奖励和多策略优化库系统为用户提供最佳收益。通过同时利用多种策略,Belt.fi最大限度地减少了对任何一种协议的依赖,同时在DeFi中为用户带来了最佳的收益率。这也可以保护用户免受低流动性提款问题的困扰。

用户无需积极地在协议之间移动资产来找到最佳收益,因为Belt Finance保险库会为他们这样做。这确保了DeFi生态系统许多部分的融合,从而确保了最高的可靠产量。随着Belt Finance增长以包含更多策略,资产和连锁店,这种影响预计将持续增长。

**关于HECO**

火币生态链（Heco）是一种去中心化,高效节能的公共链。这也是火币开放平台发布的第一个产品。HECO是与智能合约兼容的以太坊虚拟机（EVM）,并支持高性能交易,并且在其DeFi领域已经看到了巨大的增长。HECO的内源代币是HT,它采用HPoS共识机制。

* HECO的TVL金额超过100亿美元
* HECO是一个由火币支持的网络,具有很大的增长空间


# HECO链Belt.fi操作指南

## **【添加流动性】**

要使用4Belt池中的存款，您有两种选择：

选择一：单一币种存款

选择二：多种存款

1．【单一币种存款】，它操作起来更简单，同时您可以在下方链接里了解每种存款的特点：<https://docs.belt.fi/understanding-belt/understanding-4belt>

2．当您浏览到Belt LP Staking部分。按下4Belt并连接钱包后，它应该是这样的（如下图）：

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-2b5630b066a0d8a586352664a9afaef39dd67e25%2FScreen%20Shot%202021-05-22%20at%2012.03.57%20PM.png?alt=media)

(此双重批准仅在首次使用每个功能时才有必要。请务必等到确认通过后再继续！）

红色1代表的是需要您添加的HUSD金额

红色2.“APPROVE HUSD”会换成 Add Liquidity。按钮 Add Liquidity

红色3是 按钮 “APPROVE”；

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-8f1c80435d574e0c7b6546abd4a73d8caafc764f%2FScreen%20Shot%202021-05-22%20at%2012.05.25%20PM.png?alt=media)

红色4是按钮 “STAKE”。

添加流动性成功！ Belt Earned 部分会显示 Belt 奖励。

您在4Belt池中的存款价值将根据APR增长！请记住，您下注的代币数量不会上升，但每个代币的价值会上升。在这里了解更多关于4Belt池的信息：<https://docs.belt.fi/understanding-belt/understanding-4belt>

## **【移除流动性】**

移除需要几个步骤：Remove Liquidity（删除流动性），选择要删除的代币，然后Unstake。

1.点击“UNSTAKE”

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-2c1f938ea93149bf4c76aa8f22c8603ae84fc83a%2FScreen%20Shot%202021-05-22%20at%2012.04.45%20PM.png?alt=media)

2.选择Remove liquidity

3.选择 单一币种按MAX（提出所有资产）或按COMBINATION MAX（按照4种稳定币池子资产量比率，提出来的是4种稳定币）

4.按“Approve LP Token”，交易通过后会会显示“Remove Liquidity”。

5.按钮“Remove Liquidity”

这样，移除流动性就成功了。

按此按钮并确认您的交易将从此池中删除您的流动性，您将收到单个代币或者多种代币。 这些代币将显示在您的钱包中。

## **【存放单币池子】**

首先进入“Belt Vaults”部分，选择HT或任何其他您想存放的保险库。连接钱包后，应该是这样的（请注意，显示的APR和其他值仅用于测试目的）：

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-0515abbf56576fbc4eea45005f62113475976d0f%2FScreen%20Shot%202021-05-22%20at%2012.06.15%20PM.png?alt=media)

1．点击“DEPOSIT”，交易通过后你的资产会显示在beltHT BALANCE下面

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-d15c926168c4ab5f4c55715155fe1214b9e9bf22%2FScreen%20Shot%202021-05-22%20at%2012.06.36%20PM.png?alt=media)

2，点击图中红色框内的“APPROVE”(只有在第一次使用每个功能时才需要双重批准。请务必等到确认通过后再继续！）

3，Approve通过以后会消失，点击“STAKE”

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-531c90389489cbe87f99e8c3ae055ce7200553ca%2FScreen%20Shot%202021-05-22%20at%2012.06.53%20PM.png?alt=media)

单币池存放成功！

您在保鲜库中的存款价值将根据APR增长！请注意：您下注的代币数量不会上升，但每个代币的价值会上升。一旦挖矿开始，你还将获得Belt奖励。点击这里了解更多关于beltHT代币的信息: <https://docs.belt.fi/understanding-belt/understading-vtoken>

## **移除流动性**

删除需要几个步骤：Remove Liquidity（删除流动性），选择要删除的代币，然后Unstake。

1，按钮 UNSTAKE

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-ef5c6a41b32e8f5622d38f4c3748eb2ac2be18ce%2FScreen%20Shot%202021-05-22%20at%2012.07.34%20PM.png?alt=media)

2， 交易通过以后beltHT BALANCE下面会显示余额。选择 Withdrawal

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-7bd96e1908c883858017c06a16ac1d4b97d88d1f%2FScreen%20Shot%202021-05-22%20at%2012.07.50%20PM.png?alt=media)

3， 选择HUSD代币按MAX

4， 选择“Withdraw”

移除流动性成功！

您将收到代币在您的钱包中。


# 指南：通过轨道桥将BELT（BNB）桥接到HBELT（HECO）

几天前，我们宣布了关于推出“ Belt金融上的HECO链”的详细信息。凭借HECO，Belt正以高基础产量进入令人振奋的新市场。HBELT是HECO桥接的BELT代币，是体验和享受HECO Chain高收益的关键。

正如我们宣布的那样，我们正在实施跨链BELT挖矿，这是Orbit Chain及其跨链masterchef实现的壮举。本质上，BELT代币总排放量的一部分将桥接至HECO Belt上用于流动性开采的HECO链，即HBELT。

下面是有关HBELT的一些创新功能：

* 通过Orbit Bridge接到HECO Chain的belt是HBELT
* **HBELT不是单独的BELT代币，它只是不同链上的相同资产。当BSC上的Belt通过智能合约以1:1的比例锁定时，会发出HBELT。这意味着，包括循环供给通胀在内的宏观经济保持不变。**
* **你可以随时通过轨道桥在BELT和HBELT之间交换，因为这是相同的，它总是有1:1的比例。**
* BELT代币的总体指标（ 流通供应量 ，通货膨胀率等）保持不变，但BELT代币在HECO领域有了新的发展。这为TVL较高的情况下增加了收益和相关的回购与烧钱提供了新途径。
* 一旦启动治理，BELT持有者将跨不同链控制BELT融资协议。
* **HBELT流动性开采将以相同的结构分配给HECO的BSC等价资产（BELT、BTC、ETH和stablecoins）。您可以将此视为激励同一资产（如BTC）的更多流动性存款到Belt融资协议，但在不同的链上除外。**
* **与采矿分配逻辑相同，BELT实质上是通过HBELT将HECO Chain的价值添加到Belt Finance中。**

下面是将BELT从BSC移到HECO上的HBELT所需的步骤。

**1）通过Orbit Bridge将BELT转换为HBELT资产**

**轨道桥网址：https : //bridge.orbitchain.io**

将BELT从BSC桥接到HECO（HBELT）跨链，您必须为要从其发送BELT的发件人链（BSC）和要接收HBELT的TO链（HECO）的钱包地址设置MetaMask。当您在Metamask钱包中设置了BSC和HECO时，一切就很简单了。以下是在Metamask上设置HECO的方法。

1–1）选择硬币（BELT）和验证节点

从列表中选择BELT

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-6a00c8e233935b6368664dab18376c7d092273bc%2F20220114_140648_1.png?alt=media)

1–2）

（1）选择要从其桥接的“FROM CHAIN“（BSC）。从链中键入链时，您需要将Metamask钱包（BSC）连接到轨道桥。

（2）输入要桥接的BELT的数量

（3）选择TO Chain（HECO）点击发送。

（4）输入用于接收资产的地址。该地址应该是您的HECO支持的钱包地址（例如Metamask或Huobi Wallet）

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-5af9d5d915c72ccf61a141cfbe09ae2758fcb235%2F20220114_140648_2.png?alt=media)

确保所有输入的信息正确无误后，按“Convert Now”。

\*请注意，由于HBELT（HECO）与BELT（BSC）本质上是同一资产

1–3）确认输入的信息，然后在Metamask上确认交易。

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-96b6c42869f827f98003c0f4835ae72942b97e01%2F20220114_140648_3.png?alt=media)

在按下“CONVERT NOW”之前，请检查“网桥确认”窗口中的所有信息。然后，在MetaMask中按“Confirm”以确认交易，以完成从BSC到HECO的转移。

1–4）将HBELT添加到您的Metamask HECO代币列表中，现在您可以看到您的钱包中有HBELT

HBELT的合同地址为[0x8c517631a7cD20FC365aA9A4025955FcDAA11f57](https://hecoinfo.com/token/0x8c517631a7cD20FC365aA9A4025955FcDAA11f57)。![](https://miro.medium.com/max/696/0*9yAlbRvkmDDB1lAm)

现在，您可以使用HBELT代币体验HECO Chain在Belt Finance上的高收益了！


# Belt上的Klaytn

Belt支持Klaytn链，阅读下面的一般细节

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-6065ec7c19dd3eecc23ee411accf6840abb9ed27%2F0_ALFtrzUdjYw8lCn-.png?alt=media)

由 Kakao 全球项目团队设计的企业级、以服务为中心的区块链平台，Klaytn一直处于韩国区块链技术的前沿，平台上可用的用户数量和 DeFi 服务不断增长。正如我们的许多用户已经意识到的那样，Belt Finance 背后的团队也支持Klaytn平台上最大的 DeFi 服务——KLAYswap。可以说，我们非常熟悉Klaytn上的生态系统和可用资源。

BELT代币已经以其桥接形式 KBELT在KLAYswap上积极使用，我们在 Klaytn上启动 Belt.fi 是合乎逻辑的，以便在 Klaytn 上使用我们流行的多策略收益聚合器技术。虽然Klaytn在产量优化方面还没有很多策略可供我们使用，但我们相信这是未来许多有意义的步骤中的第一步。

以下是对 Klaytn Belt 的详细介绍。

KBELT

通过Orbit Bridge桥接的KBELT在Klaytn网络上已经拥有大量流动性和交易量。尽管此更新将不包括任何 BELT 流动性挖矿分配，但用户仍然可以通过 Orbit Bridge 桥接在 Klaytn 上使用和交易BELT。

[KBELT 合约地址（Klaytn）： 0xdfe180e288158231ffa5faf183eca3301344a51f](https://scope.klaytn.com/account/0xdfe180e288158231ffa5faf183eca3301344a51f?tabId=txList)

beltSKLAY

本次Klaytn更新的主要特点是 BeltSKLAY 保险库。本质上，这是一个用于质押KLAY代币的多策略金库，KLAY代币是Klaytn链的原生代币。BeltSKLAY将具有与BSC和HECO上的beltTokens相同的结构，在这种情况下，存款将被分配到多个策略或质押节点上。

质押 KLAY 可能是一个令人困惑的过程，没有很多用于质押节点的公共选项。最重要的是，取消抵押需要等待时间，提款必须经过 7 天的取消抵押期。这使得用户很难在不同的质押节点之间切换以获得最高的 KLAY 代币回报。

beltSKLAY 消除了头痛，并允许用户简单地向 Belt Finance 存款，并让我们通过自动找到最佳比率将您的存款分成不同的节点并同时从所有节点获得奖励来完成尽可能高的收益率的工作。

与其他腰带代币一样，beltSKLAY 的价值将随着时间的推移而增加，因为收益从策略质押节点添加到它上面。与所有KLAY质押一样，提款将有7天的解除质押期。一旦7天的取消质押期结束，提取的余额将被发送到您的钱包。更多细节将在下周提供。

Klaytn Belt Finance 发布和 UI 大修：UTC 时间 2021 年 9 月 7 日星期二上午 6 点

接下来会发生什么？Belt Finance v3。

正如我们宣布的那样，Belt Finance的下一个重大更新，我们的v3，将包括跨链交换功能和跨链池。这将允许一个真正的跨链协议，其中用户将能够进入任何连接的链，并通过Belt Finance的Belt创新的多策略收益金库系统获得该链的最佳收益。


# Belt上的HECO

Belt支持HECO链，阅读下面的一般细节

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-859dda82fb970ddcaf41b872743d2aee0f933913%2F0_kArOi7POBsyHWtUS.png?alt=media)

我们，Belt Finance 背后的团队，一直在努力为 Belt 增加价值和功能。 Belt.fi 从 BSC 社区看到了前所未有的热情，管理超过 $3B 的总价值锁定 (TVL)，无数用户从我们的多策略金库中受益。 V2 的推出带来了更高的 TVL 和更多的用户，因此，Belt 已经成长为 BSC 生态系统中最大的项目之一。

然而，我们的目标是提供一个完全去中心化的服务，无论是哪一条链，都能在 DeFi 生态系统中不断为我们的用户提供最高、最可靠的 APY。为了实现这一点，我们正在努力为我们的金库添加新的策略协议，但现在也在扩展以支持 Belt.fi上的其他链。

这些新增功能对于提升Belt Finance的整体价值至关重要。随着 TVL 的上升，Belt.fi 的价值也会上升，并且根据我们的代币经济学，代币的稀缺性保持不变（下文有更多解释）。此次跨链更新将巩固 Belt Finance 作为具有多策略收益优化的领先稳定交换 AMM 协议的地位。

我们很自豪地宣布，随着在 Belt.fi 上推出 HECO 链，我们正迈出跨链路线图的第一步。凭借 HECO，Belt 正在进入一个具有高基础收益率的令人兴奋的新市场。

支持 HECO 的 Belt Finance 将为 HECO 生态系统带来 Belt Finance 的优势，并为我们的协议带来许多新用户和新流动性。随着我们打开新的金库并连接 HECO DeFi 协议，这些协议具有相当高的基础 APR 作为策略，HECO 生态系统的用户将利用 Belt 的高效 AMM 和基于 HECO 的代币的多策略收益库，以获得最高的可用收益。 我们欢迎这些来自 HECO 的新用户加入我们的 BSC 用户，从 Belt 的跨链 DeFi 创新中受益，我们将继续在我们支持的链上提供无与伦比的收益。我们对 HECO 和 BELT 的联合将带来的新机遇感到兴奋，并将继续在跨链 DeFi 领域开发新的创新。

**Belt Finance将于5月21日11:00（GMT+8）正式上线HECO，开启AMM多策略金库收益优化，同时支持HT、BTC、ETH、HUSD、USDT、USDC、DAI单金库作为 wHT-hBELT LP 和 4Belt 稳定币 LP 池**。

## HBELT <a href="#id-3c04" id="id-3c04"></a>

我们还在实施跨链BELT挖矿，这是Orbit Chain及其跨链主厨实现的壮举。本质上，BELT代币总排放量的一部分将被桥接到HECO链上，用于在HECO Belt上进行流动性挖矿。

关于HBELT和跨链BELT挖矿有一些关键点需要了解：

* 连接到HECO链的BELT是HBELT。
* HBELT 不是单独的 BELT 代币，它只是不同链上的相同资产。当 BSC 上的 BELT 通过 BSC 上的智能合约锁定时，会发出 HBELT。这意味着BELT代币经济学，包括循环供应通胀，保持不变。
* BELT 代币的整体指标（流通供应量、通货膨胀率等）保持不变，但BELT代币在HECO中获得了新的游戏领域。这为更高的TVL增加了新的收益和相关回购和销毁途径。
* 一旦治理启动，BELT持有者将控制跨不同链的 Belt Finance 协议。
* hBELT 流动性挖矿将以相同的结构分配给HECO上的BSC等价资产（BELT、BTC、ETH 和稳定币）。您可以将此视为激励将相同资产（例如 BTC）的更多流动性存入Belt Finance协议，但在不同的链上除外。
* 以同样的挖矿分配逻辑，BELT实质上是将HECO Chain的价值添加到Belt Finance。流动性挖矿将于5月21日17:00（GMT +8）开始。HECO上BELT挖矿详情如下：

随着Belt在HECO上的推出，我们展示了我们致力于将我们创新的多策略金库收益优化跨链，并继续加强我们作为协议的地位，不仅在一条链上，而且在整个链上找到您的资产的最佳收益。整个 DeFi 世界。

在Belt Finance上引入HECO是一项旨在增加我们的 TVL 和策略可用性以及用户数量的更新。这不会以任何方式影响整体 BELT 代币经济学。如果有的话，通过为像 HECO 这样大的链提供支持，我们预计此更新将在很大程度上促进Belt Finance的增长。这只是我们跨链计划的开始，我们将继续在不同的主网链（Polygon、Ethereum、Klaytn 等）上增加对 DeFi 的支持，同时保持BELT代币的稀缺性。

**关于 HECO**

火币生态链（Heco）是一条去中心化、高效节能的公链。这也是火币开放平台推出的第一款产品。HECO 是与智能合约兼容的以太坊虚拟机 (EVM)，支持高性能交易，并在其 DeFi 领域取得了巨大的增长。 HECO的内生通证为HT，采用 HPoS 共识机制。

* HECO上有超过100亿美元的TVL
* HECO 是火币支持的网络，有很大的增长空间


# 跨链交换

正如我们之前宣布并在我们的第四季度发展计划中简要解释的那样，对于我们即将对 Belt Finance v3 进行的重大更新，我们正在添加一个跨链稳定交换，其中包含 3 个不同链上的 3 个稳定币池

* BSC上的USDT
* HECO上的USDT
* Klaytn上的KUSDT

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-70391aa20257d3b0ff4a9a4b7f38857d36087e76%2F1.png?alt=media)

由于实际的跨链桥接通过稳定币交换发生，用户将能够以低 IL 和滑点轻松地将他们的资产从一个链转移到另一个链，而无需去中心化交易所。 为了实现这一点，我们正在利用Orbit Chain及其Orbit Bridge（一种去中心化的跨链桥接协议）来促进跨链交换方面。交换发生在Orbit Chain上，每条链上的 Belt Router 合约和 Orbit Chain上的StableSwap、SwapReceiver合约处理不同的流程和LP创建，以使Orbit Chain上的平滑跨链稳定交换成为可能。

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-a700231d910fe59a94d751bd08e3331d1ed78b60%2F2%20\(2\).png?alt=media)

## **为什么需要Belt的跨链交换**

未来是跨链的。这一点已经很明显了，尤其是最近，侧链、L1s和L2s已经随着用户、流动性和新的DeFi 协议而爆炸式增长。这种情况将继续存在。

然而，随之而来的是一个问题——难以将资产进出这些不同的链。 用户一直可以选择通过不同的交易所。这是相当复杂和耗时的。用户将他们的代币发送到交易所，多次将其换成不同的代币，然后将其提取到不同的交易所，再次交换，然后提取到不同链上的钱包。这是一个令人头疼的问题……它还存在增加KYC授权和高取款费用的障碍。

用户通过不同的桥有不同的选择，但从我们自己的经验来看，大多数桥都存在流动性低、可兑换代币选择少、缺乏去中心化、安全风险和疯狂等待时间等问题。最多几天。

没有真正直观的方式进行跨链交换。

## Belt如何解决现有的跨链交换问题

Belt Finance在这里解决这些跨链的巨大问题。首先，我们正在利用可用的最安全、无限的桥接基础设施 Orbit Chain。凭借无可挑剔的安全记录、基于验证者的去中心化、久经考验的可靠性和出色的功能，Orbit Chain是我们构建跨链交换的完美基础。

告别跨链桥接和交换的疯狂等待时间，因为您的交易将在几分钟内发生。

这个Belt跨链交换路由器还可以连接到现有的基于流动性的 DEX，从而使用户可以在任何连接的链\*\*（BSC、HECO、Klaytn 和可能的许多其他）。这就是我们认为 Belt Finance 可以作为整体 DeFi 基础设施的地方。\*\*

我们可以将 Belt 的跨链稳定交换连接到连接链上的任何 DEX，这样用户就可以将 Klaytn 上的任何代币交易到BSC或HECO上的任何代币，反之亦然。

这将是一个比目前可用的更容易、更有效、更全面的跨链解决方案，并使其他网络上的用户更容易访问不同链上的协议以进行交换和耕作。

所有用户都必须做跨链选择他们要去的链上的任何代币并选择他们要去的任何代币。不再有多步骤、多 TX、多费用的混乱。

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-5d17f90d15ecc002226b50963ae42141249d5e4c%2FBelt%20Cross-chain%20PoolSwap.png?alt=media)

首先，我们将连接BSC上的PancakeSwap、HECO上的MDEX和Klaytn上的KLAYswap，以创造超过7B美元的综合流动性以及作为流动性枢纽和管道的Belt的跨链掉期。

我们正在打造一个以 Belt 为中间的跨链世界。

另一点值得注意的是，Belt Finance和Orbit Chain背后的公司Ozys也是Klaytn上最大的DeFi协议的创建者。 其中最引人注目的是KLAYswap，这是一个拥有100,000个独立用户的AMM DEX。这些用户中的大多数是韩国人，他们的DeFi体验是由KLAYswap 塑造的，并且仅限于KLAYswap。 通过 Belt 的 stableswap 连接到KLAYswap将为Klaytn用户打开访问这些新链的大门，同时让BSC和HECO的其他用户在 Klaytn 上体验DeFi。

## 扩张潜力 <a href="#id-8a77" id="id-8a77"></a>

这只是Belt跨链交换的开始。 虽然我们从BSC、HECO和Klaytn开始，但我们将积极扩展到其他链。Belt 跨链交换的设计方式使其可以连接到众多其他链以及这些链中的顶级AMM。

我们正在一步一步地做到这一点，以确保跨链交换在高流动性、高交易量和高用户的情况下平稳增长。

下一个扩展可能是Polygon和Ethereum。 有关任何扩展的公告将通过我们的官方渠道发布。

## 对BELT持有者的好处 <a href="#id-2e3c" id="id-2e3c"></a>

跨多个链连接流动性和用户将使Belt的跨链交换成为这些链中DeFi基础设施的关键部分，随后将在我们自己的协议中引入高容量、利用率和流动性。

由于BELT回购部分基于交换量，每次完成跨链交换所累积的交易费用将增加回购量并有助于BELT代币本身的上行压力。

随着我们扩展到更多资产和更多链，后续使用只会增加BELT回购的数量。

## Belt路由器规格： <a href="#id-8664" id="id-8664"></a>

Belt Router 合约具有以下功能：

1. 处理crossChain请求：crossChain()

* 向Orbit BridgeOrbit Bridge 发送令牌桥接请求。 (CrossChain 交换 / CrossChainSwap + DestChainSwap)

2\. 处理交换请求：swap()

* 可以处理特定 AMM 上的代币交换 (FromChainSwap)

3\. 处理swapAndCrossChain请求：swapAndCrossChain()

* 在From链中的AMM上进行令牌交换后发送桥接请求，然后在桥接后向 Destination 链中的AMM发送请求以进行另一次交换。（FromChainSwap + CrossChainSwap / FromChainSwap + CrossChainSwap + DestChainSwap）

下面是 Belt 在 PancakeSwap 和 KLAYswap 上的跨链掉期流动性从 BSC 上的 BNB 到 Klaytn 上的 KLAY 的细分。

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-25674afd5f1dc20a3b885a278805256e5428adfe%2FBELT%20Cross-chain_20211118.png?alt=media)

这是一个图表，显示了从BNB（在BSC上）到KLAY（在Klaytn上）利用现有AMM进行初始和最终交换的过程。

## How this would work contract/process wise <a href="#dd6c" id="dd6c"></a>

与Belt进行跨链集成的关键优势在于可以通过简单的集成创建一个全跨链交换解决方案。 无需对 From和 Destination链进行多次集成，因为Belt Finance可以处理这部分。

就像 BSC/HECO Belt的stableswap 一样，这些跨链的 stableswap（在BSC/HECO/Klaytn上DEX 的掉期之间）将具有低滑点和低 IL。

**交易细分示例）将 BNB (BSC) 交换为 KLAY (Klaytn)**

1. （PancakeSwap（或 BSC 上的其他 AMM）- BSC）将 BNB 交换为 USDT (BSC)
2. BELT跨链稳定池上的USDT（BSC）桥接到Orbit Chain上的OUSDT（Belt Router→Orbit Bridge）
3. 将 OUSDT(Orbit) 交换为 OUSDT(Orbit)（在 StableSwap-BELT LP 内）
4. 将OUSDT(Orbit) 桥接到 KUSDT (Klaytn) (Bridge→ Belt Router)
5. 交换 kUSDT-KLAY (KLAYswap — Klaytn)

**可能的 Tx 还原案例：**

* 如果在 From Chain（即 BSC）上 Swap 1 失败 → 用户返回 BNB（BSC）
* 如果在 Orbit Chain 内 Swap 3 失败→ 用户被退回 USDT (BSC)
* 如果目标链（即 Klaytn）上的 Swap 5 失败 → 用户被退回 KUSDT (Klaytn)

**时间和滑点问题**

由于跨链交换需要代币桥接，因此它们比链上交换需要更多时间。以下是基于 Orbit Chain 的区块确认计数的跨链交易所需时间的近似值。

<桥接工艺规范>

* klaytnConfirmCount：10 个块，-> 大约。 10秒
* bscConfirmCount：15 个区块 -> 大约。 45秒
* hecoConfirmCount：20 个区块，-> 大约。 60秒
* BSC到HECO 需要45 + 60 = 大约。 105秒

**轨道链概述**

Orbit Chain是一个多资产枢纽区块链，通过去中心化的区块链间通信（IBC）存储、传输和验证各种公共区块链上的信息和资产。目前Orbit Chain支持超过14条公链，包括Bitcoin、Ethereum、Binance Smart Chain、HECO、Polygon、Ripple、Klaytn、ICON、Celo。

自推出以来的过去八个月里，Orbit Chain已经为自己建立了显着的声誉，在超过360,000笔交易中通过 50,000多个独特的钱包连接了价值超过13B美元的资产，包括以太坊、BSC、Polygon、Klaytn、图标和波纹。

Belt将利用Orbit Chain的跨链连接和vault/minter系统来创建LP并通过Orbit Chain进行交换。

Orbit Chain背后的团队Ozys是一家在韩国引领区块链开发的公司，孜孜不倦地努力在碎片化和分离的区块链世界中创造统一。在“连接未连接者”的精神下，Ozys的项目利用尖端技术将不同的生态系统连接在一起。Ozys是Klaytn治理委员会的成员，与包括 Binance、Huobi、MakerDAO、LG Electronics和Kakao 在内的跨国企业和组织一起。


# BELT代币

## BELT

Ticker: **BELT**

[Contract Address: **0xE0e514c71282b6f4e823703a39374Cf58dc3eA4f**](https://bscscan.com/address/0xE0e514c71282b6f4e823703a39374Cf58dc3eA4f)

Chain: **BNB Chain** (BEP-20)

## Initial Public Allocation (初始公共分配）

* 150,000 BELT将通过PancakeSwap IFO的[首次公开分配活动](https://pancakeswap.medium.com/belt-fi-belt-ifo-to-be-hosted-on-pancakeswap-353585117e32)获得
* 22,500 BELT将用于与IFO相关的推广
* 27,499 BELT将用于市场营销/推广活动
* 1 BELT用于在PancakeSwap上注册BELT-BNB LP对

## 发行率

|          | Emission/block (BELT) | Emission/day (BELT) |
| -------- | --------------------- | ------------------- |
| Emission | 1.178                 | 33,926.4            |

在 PancakeSwap IFO 之后，采矿从 Block #5559747 开始。

排放率已更改，新的减半系统于 2021 年第四季度宣布：

### **减半系统**

BELT排放量将在一段时间内反复减半。

<figure><img src="https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2FReDZvmHZXUI5Dxpk8eHS%2F2.png?alt=media&amp;token=cc307e1b-026f-4eef-af4e-2b32b198b995" alt=""><figcaption></figcaption></figure>

随着排放量的减少，BELT回购的效果会更好，并且会激励更多的人进行质押（由于BELT单一质押池的回购 → 奖励）。您可能想知道由于排放量减少而产生的金库产量。但是，由于大部分利率来自我们的beltTokens战略协议，因此最终利率会有所提高，收益率也将保持不变。

降低排放将减少通过自动复合协议销售的BELT的比例，这一直是BELT代币高抛售压力的最大贡献者之一。在维持和增加回购金额的同时降低卖压将创造更积极的价格流动。

当达到最大上限（排放结束）时，Belt Finance平台的利润将直接以质押奖励的形式给予用户。回购和销毁/质押奖励将越来越有影响力，因为它们直接影响通缩。BELT持有者将从Belt Finance平台本身获得越来越多的价值。

第一次排放减半发生在2022年 1月 19日，[在BSC 区块14,500,000](https://bscscan.com/block/countdown/14500000)，最后一次减半将发生在大约 2026 年 1 月 17 日。有关详细信息，请参阅下面的BELT减半表。

## **治理**

我们在2021年第四季度发布了期待已久的治理系统。由于该协议的形式现在通过BeltToken金库、改进的链上稳定交换和跨链交换稳定下来，现在是我们的支持者自己决定协议的更精细细节和方向的时候了。

这些提议将包括：

一般的：

* 添加新的策略协议
* 在跨链交换中添加新的AMM
* 操作周期（暂停策略，停用池/金库）

系统参数：

* 金库回购 → 燃烧率
* 金库回购 → 质押奖励率
* 合同实施更新
* 改变采矿率

BELT治理将是一个基于提案和投票的去中心化系统。 这种投票也将导致增加BELT燃烧与参与者的奖励。

## BELT通货膨胀分配

通货膨胀将分配给我们的资产池和LP stakers。 BELT将被分发到所有类型的池中，与无论它们是基于token还是基于LP。 BELT的作用是激励平衡计分卡经济体，随后将成为整个平衡计分卡经济体的助推器。

BELT还是治理令牌，因此持有人可以通过治理共识来更改此分配比率。

### 最初分配比率

* * BNB-BELT PancakeSwap LP staker：0.5 BELT /块
  * Belt.fi的Venus池 stakers：0.5 BELT /块
  * 构建分配：0.178 BELT /块。 建造分配将用于确保可持续发展和快速创新。 这相当于已挖出的BELT的15％。

#### 生成分配

**以下是15％生成分配背后的详细信息：**

公司中没有任何个人可以直接收到任何生成分配， 它将由整个公司管理。

此生成分配的主要目标是稳定运营和治理。

生成分配的70％

* 完整的治理系统建成后，将纯粹用于治理
* 直到那时都将被锁定

30％将用于在需要时支付费用（我们不打算立即出售）

* 5％将用于市场营销
* 20％用于研发
* 5％将用于运营

作为参考，KLAYswap（我们的Klaytn AMM DEX在TVL中的收入超过3.6亿美元）的构建分配也为15％。

首次公开分配也不会有生成分配。

## 通缩机制

![](https://uploader.shimo.im/f/QWqr0ZIHbe3ZbNoE.png!thumbnail)

Belt.fi将产量优化与AMM协议相结合， 通缩机制会发生在这两个过程中。

* 每笔掉期交易产生的掉期费的50％用于回购BELT并被烧毁（发送到删除地址）。 剩余的50％作为对流动性提供者的奖励。
* 收益的8％用于回购BELT并烧毁（发送到删除地址）。 剩余的收益作为对流动性提供者的奖励。

可以在Belt.fi网站上公开透明地看到实时通缩。

如上所述，治理共识可能会改变销毁率，阻止发行率（通货膨胀）和其他对通货紧缩重要的因素。

## 费用

存入Venus池中，收取0.1％的入场费。

该费用背后的原因是双重的。 首先要制止滥用， 其次，这部分涵盖了通过不同协议优化产量时产生的成本。 0.1％掉期交易费。


# BELT单一质押

这种单一的质押旨在为投资者和持有者带来最大的利益，同时确保协议和保险库本身的寿命和可持续性。

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-63bc0c2a079697750f700c7c4311a226ba3a19cd%2F20220114_123849_1.png?alt=media)

BELT单一质押金库是将平台的巨大价值直接添加回BELT代币与BELT代币持有者的第一步。

BELT作为平台的治理和激励代币，在促进Belt Finance发展方面发挥了非常强大的作用，以在BSC与HECO链上托管任何平台的一些最大的TVL，累计超过 14 亿美元。然而，BELT代币并没有真正体现平台的实力和分量。增加这个单一的质押金库使BELT更接近平台的中心。我们多策略金库的额外部分基本收益将用于在市场上回购BELT代币，然后将其分配给持有这个新金库的持有人。这具有加强BELT代币与平台成功的直接联系的效果，因为回购效应和随后的质押APY将随着更多的TVL以及额外策略和优化的更高基础收益率而增加。它还将为支持者提供一个重要的赚钱场所，而不必担心无常的损失。

这个新金库中的存款将自动复利。这意味着用户不必担心手动收割和存入金库，而且由于这个金库每天会复合多次，对APY的影响将使这里成为存放您的 BELT 的最佳场所。

存款也将有7天的锁定期。每次存款后，此锁定期将重置为7天。

**代币经济究竟是如何变化的？**

目前，我们的通缩机制的一个重要部分是用于回购和销毁BELT（以市场价格购买，然后发送到销毁地址）的策略协议的8%基本收益率。 现在，除了这8%之外，额外4%来自策略协议的基本收益将用于以市场价格回购BELT，并将其分配到BELT单一质押金库。 这种额外的购买压力将有助于稳定BELT价格。通过此更新，这仅在BSC上，但将在不久的将来在 BELT 运行的其他链上实施。


# 管理BELT供应

## 为什么BELT没有硬顶？

目前，BELT发行没有硬顶限制。

目前对BELT代币的发行没有硬性限制，会使其成为通货膨胀代币。

尽管社区可能会因为是通货膨胀的代币而感到担忧，但由于已采取措施应对通货膨胀，因此成员可以放心。

> BELT的主要功能是激励向池提供流动性。如果没有整体奖励，提供流动性的动机将大大降低（LP费用等将保留）。

## 没有硬顶的情况下如何减少BELT发行？

我们旨在通过在Belt.Fi的产品中建立通缩机制，**使通缩高于发行**，目标是使BELT离开流通的数量大于发行的BELT的数量.

### **减少阻止发行和BELT回购+销毁**

**治理减少阻止发行（通货膨胀）**

我们通过更改每个区块释放的BELT数量来减缓通货膨胀。 尽管尚未实现，但将通过透明的治理来做出决策。 在这种情况下，更多的BELT通货膨胀将分配给DEAD池，并将被永久销毁。

**BELT回购及销毁**

Belt.fi具有自动回购BELT token的功能，费用为交易费的50％。 8％的收益率用于回购BELT并销毁。 随着Belt Finance的参与度和流动性的增长，销毁量将增加，最终增长到销毁量多于铸造量的程度。

**为什么BELT回购+销毁很重要**

虽然回购数字最初看起来可能很高，但重要的是要知道它们已经被销毁而不被收集。 这样可以控制BELT代币的通货膨胀，并使代币经济变得更好。

通过与其他协议进行比较，可以看出该系统的优势。 例如，在Curve上，收取50％的交易费作为管理费。 与Belt.fi形成鲜明对比，Belt.fi不会将50％的回购重新分配给任何实体，而是永久销毁。 如在Curve中将费用提供给持有人时，此费用对代币经济学没有任何帮助，并且不会产生通缩效应。 当将50％的交易费和8％的收益作为BELT回购及销毁时，这会增加BELT代币的稀缺性和力量。

随着Belt.fi交易参与度的增加，这种销毁将对BELT代币经济产生重大影响，甚至可能达到销毁率高于发行率的程度。


# 安全及风险

## 风险

Belt.fi处于测试版。 请做好调研，风险自担。

## 智能合约

Belt.fi智能合约是从yearn.finance，Curve和Pickle Finance衍生而来，结合了三者的最大优势。

### 审计

我们的第一次审计是由ㅊCONSENSYS支持的区块链安全公司[SOOHO](https://www.sooho.io/)进行的。

可以在此处查看审核报告：

{% embed url="<https://github.com/BeltFi/belt-contract/blob/main/audit/%5BENG%5DBELTFI_Security_Assessment.pdf>" %}

更多审计正在进行中，完成后将会公布。


# 常见问题解答

一些常见问题的汇总

**为什么使用AMM（自动做市商）而不是CEX（中心化交易所）进行交易。**

* 与中心化交易所相比，类似Belt.fi的AMM的交易不是基于订单簿，而是固有地为交易提供了更多的即时性。 只要池中有流动性，就会发生交易。 这具如更少的时间，延误和价格影响等多个优势。

**为什么在BSC上使用Belt.fi而不是其他AMM？**

如果AMM不能同时满足makers和takers的需求，那么它们就不会发展顺利。 随着更多交易的发生在他们所存入的流动性池中，makers将从中受益。 简而言之，随着费用的累积，更多的交易等于更高的收益。 这意味着，takers需要通过AMM进行交易受到激励，Belt.fi满足了双方的需求。

* **Makers（流动性提供者）**
  * 其他交易所的高交易量证明了这类掉期的意义。 通过我们的多策略方法和Belt.fi上的流动性挖掘，优化后的交易费收益可提供更高的奖励（APY和BELT代币奖励），并满足makers的需求。
* **Takers（交易者进行代币交易）**
  * 由于Belt.fi的低交易费，低滑点和价格影响小，因此在Belt.fi上进行稳定到稳定的掉期交易是有利的。 以两个基于以太坊的协议为例，Uniswap和Curve，当在代币之间交换时，Curve是有利的，因为它具有较小的滑点和较小的价格影响。 直接在池中的代币之间交换也有好处，而不必分多个步骤重复进行交易。

**什么是多种策略？有什么特别？**

通过同时具有多种策略，Belt.fi可最大程度地减少对任何一种协议的依赖。 本质上，这可以在你在退出时免受低流动性的痛苦。

使用Belt Finance还意味着不需要积极主动地转移资产来寻找最佳收益，我们会为您操作。不仅如此，我们会自动将其复利，并提供BELT奖励。

我们的池/保管库同时使用多种策略，这可确保在所有BSC DeFi中获得最可靠，最高的收益。

#### \*\*\*\*

**如果当一项协议出现问题，那么BELT多策略池/保险库会怎样？ 多策略更具风险性吗？**

我们不仅要认真地制定策略，还要选择我们认为是可靠，最稳定的协议，并且与团队进行公开交流。 我们始终敦促用户使用DYOR，但我们认为多策略确实可以对冲风险，同时提供最高的收益。

当我们提供4belt池和现有的Venus池两种选择时，只希望停留在Venus中的用户可以选择该池。

另一种查看方式是，您的风险分散在多个协议中，而不是全部在一个协议中。 另外，如果一种协议出现问题，损失将分散到所有池中，因此用户不会受到太大的影响。


# 合约总览

## 合约架构

( 更新于 2021/ 3 / 1 )

* 该图基于实时部署
* Belt.fi有两个合约组（保险库和具有收益率的AMM）

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-8cec4ad7e91288409afec4a64e2a1cda5382b26f%2Fimage%20\(19\).png?alt=media)

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-be91550e5b1f9553cf6ab4007f9d9d8baf27d98c%2Fimage%20\(10\).png?alt=media)

## 合约列表

* BELT Token
  * 代码
    * <https://github.com/BeltFi/belt-contract/blob/main/contracts/BeltToken.sol>
  * 描述
    * BEP-20 BELT token 合约
  * Interface界面
    * Read
      * initialSupply
      * initialSupplyRemaining
      * startBlockMining
      * BELTPerBlock
      * getCirculatingSupply()
      * **ADDRESS** burnAddress
      * **ADDRESS** initialSupplyClaimer => TEAM EOA wallet
      * **ADDRESS** owner => MasterBelt contract
    * Write
      * **\[ONLY CLAIMER]** claimInitialSupply(uint \_amount)
      * **\[ONLY OWNER]** mint(address \_to, uint256 \_amount)
* MasterBelt
  * Code
    * <https://github.com/BeltFi/belt-contract/blob/main/contracts/earn/MasterBelt.sol>
  * Description
    * Mint and burn BELT token
    * Manage VaultBPool and Distribute BELT token to VaultBPool
    * Calculating pendingBELT for claim
  * Interface
    * Read
      * **ADDRESS** BELT
      * **ADDRESS** burnAddress
      * **ADDRESS** owner => TEAM EOA wallet
      * ownerBELTReward
      * BELTPerBlock
      * startBlock
      * poolInfo\[]
      * userInfo\[]\[]
      * totalAllocPoint
      * stakedWantTokens(uint256 \_pid, address \_user)
      * pendingBELT(uint256 \_pid, address \_user)
    * Write
      * **\[ONLY OWNER]** add(uint256 \_allocPoint,IERC20 \_want,bool \_withUpdate,address \_strat)
      * **\[ONLY OWNER]** set(uint256 \_pid,uint256 \_allocPoint,bool \_withUpdate)
      * **\[ONLY OWNER]** inCaseTokensGetStuck(address \_token, uint256 \_amount)
      * massUpdatePools()
      * updatePool(uint256 \_pid)
      * deposit(uint256 \_pid, uint256 \_wantAmt)
      * withdraw(uint256 \_pid, uint256 \_wantAmt)
      * withdrawAll(uint256 \_pid)
      * emergencyWithdraw(uint256 \_pid)
* BeltStrategy
  * Code
    * <https://github.com/BeltFi/belt-contract/tree/main/contracts/earn/strategies>
  * Description
    * Manage assets with best yield strategy
  * Interface
    * Read
      * **ADDRESS** govAddress => TEAM EOA Wallet
      * **ADDRESS** owner .=> bToken Contract
      * **ADDRESS** BELTAddress
      * **ADDRESS** wantAddress
      * **ADDRESS** vTokenAddress
      * wantLockedTotal()
      * wantLockedInHere()
      *
    * Write
      * **\[ONLY OWNER]\[PAUSABLE]** deposit(address \_userAddress, uint256 \_wantAmt)
      * **\[ONLY OWNER]** withdraw(address \_userAddress, uint256 \_wantAmt)
      * farm(bool \_withLev)
      * deleverageOnce()
      * deleverageUntilNotOverLevered()
      * **\[PAUSABLE]** earn()
      * updateBalance()
      * wrapBNB()
      * **\[ONLY GOV]** rebalance(uint256 \_borrowRate, uint256 \_borrowDepth)
      * **\[DISABLED]** pause()
      * **\[DISABLED]** unpause()
      * **\[DISABLED]** setEntranceFeeFactor(uint256 \_entranceFeeFactor)
      * **\[DISABLED]** setControllerFee(uint256 \_controllerFee)
      * **\[DISABLED]** setbuyBackRate(uint256 \_buyBackRate)
      * **\[DISABLED]** setGov(address \_govAddress)
      * **\[DISABLED]** inCaseTokensGetStuck(address \_token,uint256 \_amount,address \_to)
* StrategyGovernance
  * Code
    * <https://github.com/BeltFi/belt-contract/blob/main/contracts/earn/strategies/StrategyGovernance.sol>
  * Description
    * Manage Strategy contract rebalance method
  * Interface
    * Read
      * owner
      * strategyAddress
    * Write
      * transferOwnership
      * rebalance
* bToken
  * Code
    * <https://github.com/BeltFi/belt-contract/blob/main/contracts/earn/tokens/bBUSD.sol>
  * Description
    * Mint and burn bToken
  * Interface
    * Read
      * pool
      * token
      * venus
      * provider
      * recommend()
      * approveToken()
      * balance()
      * balanceVenus()
      * calcPoolValueInToken()
      * getPricePerFullShare()
      * **ADDRESS** owner => TEAM EOA Wallet
    * Write
      * deposit(uint256 \_amount)
      * withdraw(uint256 \_shares)
      * rebalance()
* BeltLPToken
  * Code
    * <https://github.com/BeltFi/belt-contract/blob/main/contracts/swap/BeltLPToken.vy>
  * Description
    * LP tokens of belt pools
  * Interface
    * Read
      * **ADDRESS** minter => StableSwapB contract
      * totalSupply()
    * Write
      * **\[ONLY MINTER]** set\_minter(\_minter: address)
      * **\[ONLY MINTER]** mint(\_to: address, \_value: uint256)
      * **\[ONLY MINTER]** burn(\_value: uint256)
      * **\[ONLY MINTER]** burnFrom(\_to: address, \_value: uint256)
* StableSwapB
  * Code
    * <https://github.com/BeltFi/belt-contract/blob/main/contracts/swap/StableSwapB.vy>
  * Description
    * Swap between pool member token
  * Interface
    * Read
      * admin\_actions\_delay
      * coins
      * underlying\_coins
      * balances
      * A
      * fee
      * buyback\_fee
      * max\_buyback\_fee
      * **ADDRESS** owner => TEAM EOA Wallet
      * **ADDRESS** buyback\_addr => TEAM EOA Wallet
      * token
      * admin\_actions\_deadline
      * transfer\_ownership\_deadline
      * kill\_deadline
      * kill\_deadline\_dt
      * is\_killed
      * pool\_token()
      * get\_virtual\_price()
      * calc\_token\_amount(amounts: uint256\[N\_COINS], deposit: bool)
      * get\_dy(i: int128, j: int128, dx: uint256)
      * get\_dx(i: int128, j: int128, dy: uint256)
      * get\_dy\_underlying(i: int128, j: int128, dx: uint256)
      * get\_dx\_underlying(i: int128, j: int128, dy: uint256)
    * Write
      * **\[KILLABLE]** add\_liquidity(amounts: uint256\[N\_COINS], min\_mint\_amount: uint256)
      * **\[KILLABLE]** exchange(i: int128, j: int128, dx: uint256, min\_dy: uint256)
      * **\[KILLABLE]** exchange\_underlying(i: int128, j: int128, dx: uint256, min\_dy: uint256)
      * remove\_liquidity(\_amount: uint256, min\_amounts: uint256\[N\_COINS])
      * **\[KILLABLE]** remove\_liquidity\_imbalance(amounts: uint256\[N\_COINS], max\_burn\_amount: uint256)
      * **\[ONLY OWNER]** commit\_new\_parameters(amplification: uint256,new\_fee: uint256,new\_buyback\_fee: uint256,new\_buyback\_addr: address)
      * **\[ONLY OWNER]** apply\_new\_parameters()
      * **\[ONLY OWNER]** revert\_new\_parameters()
      * **\[ONLY OWNER]** commit\_transfer\_ownership(\_owner: address)
      * **\[ONLY OWNER]** apply\_transfer\_ownership()
      * **\[ONLY OWNER]** revert\_transfer\_ownership()
      * **\[ONLY OWNER]** kill\_me()
      * **\[ONLY OWNER]** unkill\_me()
      * withdraw\_buyback\_fees()
* DepositB
  * Code
    * <https://github.com/BeltFi/belt-contract/blob/main/contracts/swap/DepositB.vy>
  * Description
    * Depositor for belt pools
  * Interface
    * Read \*
    * Write
      * add\_liquidity(uamounts: uint256\[N\_COINS], min\_mint\_amount: uint256)
      * remove\_liquidity(\_amount: uint256, min\_uamounts: uint256\[N\_COINS])
      * remove\_liquidity\_imbalance(uamounts: uint256\[N\_COINS], max\_burn\_amount: uint256)
      * calc\_withdraw\_one\_coin(\_token\_amount: uint256, i: int128)
      * remove\_liquidity\_one\_coin(\_token\_amount: uint256, i: int128, min\_uamount: uint256, donate\_dust: bool = False)
      * **\[ONLY LP OWNER]** withdraw\_donated\_dust()
* VaultBPool
  * BeltLPToken vaults
    * Code
      * <https://github.com/BeltFi/belt-contract/blob/main/contracts/earn/strategies/VaultBPool.sol>
    * Description
      * Vaults of BeltLPToken
    * Interface
      * Read
        * wantAddress
        * masterBeltAddress
        * govAddress
        * wantLockedTotal
        * sharesTotal
        * **ADDRESS** owner => MasterBelt Contract
        * **ADDRESS** govAddress .=> TEAM EOA Wallet
      * Write
        * **\[ONLY OWNER]\[PAUSABLE]** deposit(address \_userAddress, uint256 \_wantAmt)
        * **\[ONLY OWNER]** withdraw(address \_userAddress, uint256 \_wantAmt)
        * **\[ONLY GOV]** pause()
        * **\[ONLY GOV]** unpause()
        * **\[ONLY GOV]** setGov(address \_govAddress)
        * **\[ONLY GOV]** setOnlyGov(bool \_onlyGov)
  * CakeLPToken vaults
    * Code
      * <https://github.com/BeltFi/belt-contract/blob/main/contracts/earn/strategies/VaultCakePool.sol>
    * Description
      * Vaults of CakeLPToken
    * Interface
      * Read
        * \-
      * Write
        * \-
* Belt View
  * Code
    * <https://github.com/BeltFi/belt-contract/blob/main/contracts/BeltView.sol>
  * Description
    * View status of Belt.fi contracts
  * Interface
    * Read
      * getSwapStat(address user)
      * getUserBeltStat(address user)
    * Write
      * None


# 合约运行&安全

\*进一步描述了合约的操作和安全性。 请参阅合同概述以获取有关这些合约的更多信息。

## **BELT token 合约运行**

关于BELT token，重要的是要区分CLAIMER和OWNER：

* **\[ONLY CLAIMER]** claimInitialSupply(uint \_amount)
* **\[ONLY OWNER]** mint(address \_to, uint256 \_amount)

CLAIMER是一个团队控制的钱包（EOA），具有申领初始供应量（200,000 BELT token）的许可。 当此钱包要求此初始供应时，该供应将被铸造。 有关如何使用此供应品的详细信息，请参阅BELT token部分。

OWNER由MasterBelt合约控制。 可以放心，团队无法随意铸造token。

## MasterBelt合约运行

关于MasterBelt合合约写操作，重要的是要了解它们的工作以及实际控制的方式。 两个重要的写操作是：

* **\[ONLY OWNER]** add(uint256 \_allocPoint,IERC20 \_want,bool \_withUpdate,address \_strat)
* **\[ONLY OWNER]** set(uint256 \_pid,uint256 \_allocPoint,bool \_withUpdate)

“添加”意味着可以添加更多的抵押池。 “设置”表示已设置每个池的挖矿分配率。

这些最初由团队控制的钱包（EOA）控制。 但是，一旦设置了治理，它将通过治理共识来完全控制。

## **Swap合约运行**

关于swap合约：

![](https://514717676-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FOxO99tvJZcLvtFRg5uQH%2Fuploads%2Fgit-blob-144f89079f651a67df2e8e27962adca4bb4d342f%2FScreen%20Shot%202021-03-05%20at%206.10.32%20PM.png?alt=media)

请注意，有KILLABLE功能和unkillable功能。 尽管团队有权使用KILLABLE功能，但无法停止“ remove\_liquidity”功能。

这意味着无论哪种情况，用户将始终能够删除他们添加的流动性。

当前，由团队控制的钱包（EOA）拥有设置参数（费用，回购等）的OWNER权限。 被烧毁的BELT将公开地展示在Belt.fi网站上。

设置治理后，将通过治理共识来更改这些参数。


# 合约部署信息

[对于HECO Belt合同，请单击此处](/belt-finance-zh-cn/contracts/contract-deployed-info/heco-belt-contracts)

## \[BETA]

| Contract           | Address                                                                                                                   |
| ------------------ | ------------------------------------------------------------------------------------------------------------------------- |
| **BELT**           | [0xE0e514c71282b6f4e823703a39374Cf58dc3eA4f](https://bscscan.com/address/0xE0e514c71282b6f4e823703a39374Cf58dc3eA4f#code) |
| **MasterBelt**     | [0xD4BbC80b9B102b77B21A06cb77E954049605E6c1](https://bscscan.com/address/0xd4bbc80b9b102b77b21a06cb77e954049605e6c1#code) |
| **bDAIStratVLEV**  | [0xd49CB5B097E9F0B51B3C61C5127A9c35BDeC7051](https://bscscan.com/address/0xd49CB5B097E9F0B51B3C61C5127A9c35BDeC7051#code) |
| **bDAI**           | [0xFDb22e3bF935C1C94254F050BBe093563f533534](https://bscscan.com/address/0xFDb22e3bF935C1C94254F050BBe093563f533534#code) |
| **bDAIGov**        | [0x224BF96bd2E506FA59B0D67d20AaB39a9574efA1](https://bscscan.com/address/0x224BF96bd2E506FA59B0D67d20AaB39a9574efA1)      |
| **bUSDCStratVLEV** | [0xeD77Ce44feFE9D90b61e23c36250E9A7AD440a07](https://bscscan.com/address/0xeD77Ce44feFE9D90b61e23c36250E9A7AD440a07#code) |
| **bUSDC**          | [0x08BED6851CADc4EFc91147E3Ca63C39406B31a2D](https://bscscan.com/address/0x08BED6851CADc4EFc91147E3Ca63C39406B31a2D#code) |
| **bUSDCGov**       | [0x6C1e403240D11e9514AD6C40cfA6Ee88a8a10739](https://bscscan.com/address/0x6C1e403240D11e9514AD6C40cfA6Ee88a8a10739#code) |
| **bUSDTStratVLEV** | [0x8c680d7eC5C8B980bF8cD73001865B80eA7C629b](https://bscscan.com/address/0x8c680d7eC5C8B980bF8cD73001865B80eA7C629b#code) |
| **bUSDT**          | [0x56A9452024AE2dEdB01e1179AcB1c152d50C0145](https://bscscan.com/address/0x56A9452024AE2dEdB01e1179AcB1c152d50C0145#code) |
| **bUSDTGov**       | [0xa6464E891FfD3A3a46ECC4BCEDf5EA8f6A90F76A](https://bscscan.com/address/0xa6464E891FfD3A3a46ECC4BCEDf5EA8f6A90F76A#code) |
| **bBUSDStratVLEV** | [0xC31cf50C3559329ed83D87f09af3884E935f2873](https://bscscan.com/address/0xC31cf50C3559329ed83D87f09af3884E935f2873#code) |
| **bBUSD**          | [0x7c8Dd1e39cD8142414f24f0bA80638b2E2fa5234](https://bscscan.com/address/0x7c8Dd1e39cD8142414f24f0bA80638b2E2fa5234#code) |
| **bBUSDGov**       | [0x3F52620092CFBA45aE9a303eFEe0de8fa81E1A6D](https://bscscan.com/address/0x3F52620092CFBA45aE9a303eFEe0de8fa81E1A6D#code) |
| **BeltLPToken**    | [0x86aFa7ff694Ab8C985b79733745662760e454169](https://bscscan.com/address/0x86aFa7ff694Ab8C985b79733745662760e454169#code) |
| **StableSwapB**    | [0xF16D312d119c13dD27fD0dC814b0bCdcaAa62dfD](https://bscscan.com/address/0xF16D312d119c13dD27fD0dC814b0bCdcaAa62dfD#code) |
| **DepositB**       | [0xf157A4799bE445e3808592eDd7E7f72150a7B050](https://bscscan.com/address/0xf157A4799bE445e3808592eDd7E7f72150a7B050#code) |
| **VaultBPool**     | [0xeff8B733f12Ae6902409047c44AD3ee0Bf58f201](https://bscscan.com/address/0xeff8B733f12Ae6902409047c44AD3ee0Bf58f201#code) |
| **CakeVaultBPool** | [0x224172206bd6d089E6B16fFCD77876B1D092E5AF](https://bscscan.com/address/0x224172206bd6d089E6B16fFCD77876B1D092E5AF#code) |
| **ViewContract**   | [0x9137a703756a931db7d2598Cb00E8A69B324D319](https://bscscan.com/address/0x9137a703756a931db7d2598Cb00E8A69B324D319#code) |
| **BeltRouter**     | [0x70897189b10b5F145e9CF3384146a4bbA9914a72](https://bscscan.com/address/0x70897189b10b5F145e9CF3384146a4bbA9914a72#code) |
| **BeltView**       | [0x7B5c5Da87aF373F7382e59eEbee0d550D276de2c](https://bscscan.com/address/0x7B5c5Da87aF373F7382e59eEbee0d550D276de2c#code) |

## v2 Contracts

### 4Belt Pool

| Contract        | Address                                                                                                              |
| --------------- | -------------------------------------------------------------------------------------------------------------------- |
| **BeltLPToken** | [0x9cb73F20164e399958261c289Eb5F9846f4D1404](https://bscscan.com/address/0x9cb73F20164e399958261c289Eb5F9846f4D1404) |
| **StableSwapB** | [0xAEA4f7dcd172997947809CE6F12018a6D5c1E8b6](https://bscscan.com/address/0xAEA4f7dcd172997947809CE6F12018a6D5c1E8b6) |
| **DepositB**    | [0xF6e65B33370Ee6A49eB0dbCaA9f43839C1AC04d5](https://bscscan.com/address/0xF6e65B33370Ee6A49eB0dbCaA9f43839C1AC04d5) |

### BTC Vault

| Contract            | Address                                                                                                              |
| ------------------- | -------------------------------------------------------------------------------------------------------------------- |
| **autoStrategy**    | [0x0a5F28fbc21F06D307f92A6488125bb45D982309](https://bscscan.com/address/0x0a5F28fbc21F06D307f92A6488125bb45D982309) |
| **bAutoBTC**        | [0x40F04D6c3a7e2B7217B45bDfbCdBA49487f15E72](https://bscscan.com/address/0x40F04D6c3a7e2B7217B45bDfbCdBA49487f15E72) |
| **acryptoStrategy** | [0x4dcF4e3292740C3ac884fDE0c4A5c7E2cdBA7236](https://bscscan.com/address/0x4dcF4e3292740C3ac884fDE0c4A5c7E2cdBA7236) |
| **bAcryptoBTC**     | [0x2Fa1C30a70c539bde3081345555EF2C3e83F1Ca1](https://bscscan.com/address/0x2Fa1C30a70c539bde3081345555EF2C3e83F1Ca1) |
| **fortubeStrategy** | [0x05B36a99EB71F6C89F8222cb06109602D53d1773](https://bscscan.com/address/0x05B36a99EB71F6C89F8222cb06109602D53d1773) |
| **bFortubeBTC**     | [0x4F52533c9504Df756ecdFD311A8B846a59422e4e](https://bscscan.com/address/0x4F52533c9504Df756ecdFD311A8B846a59422e4e) |
| **venusV2Strategy** | [0xDFdefD74fc5d1603E237392409898E70B41CA78e](https://bscscan.com/address/0xDFdefD74fc5d1603E237392409898E70B41CA78e) |
| **bVenusBTC**       | [0x3cdd556c882dBEB4A0F3444de6d76E12618c9100](https://bscscan.com/address/0x3cdd556c882dBEB4A0F3444de6d76E12618c9100) |
| **bMultiBTC**       | [0x51bd63F240fB13870550423D208452cA87c44444](https://bscscan.com/address/0x51bd63F240fB13870550423D208452cA87c44444) |

### ETH Vault

| Contract            | Address                                    |
| ------------------- | ------------------------------------------ |
| **autoStrategy**    | 0x0c3cc94C8Bfb8E57854F507BB5a446efFd7a92F0 |
| **bAutoETH**        | 0x01783f31da1D589720030aBf6c62531c0e02e0c9 |
| **acryptoStrategy** | 0xDb55489B2F51daDfadA5aF7C53CC5ab51d63c589 |
| **bAcryptoETH**     | 0x9C1Fa07c7e1A0073A8AD30ede103c6c51bB62A0f |
| **fortubeStrategy** | 0x129dD80DF88f46535BD36d393B306DBAE9d5FC23 |
| **bFortubeETH**     | 0xDCfE3Ca4863059AE2DA63C7fdea04541BEa178F9 |
| **venusV2Strategy** | 0x07079238e272655a3265593A86d2f9d182d6f2b0 |
| **bVenusETH**       | 0x7d0168E0bC515c3501D293C18354DA2623b7C310 |
| **alpacaStrategy**  | 0xA81650535Be191Df2ac2A7900f3b675dC83076e8 |
| **bAlpacaETH**      | 0x50Cd943D2d572E2eB35F75E06102162B72DB35D2 |
| **bMultiETH**       | 0xAA20E8Cb61299df2357561C2AC2e1172bC68bc25 |

### BNB Vault

| Contract            | Address                                    |
| ------------------- | ------------------------------------------ |
| **autoStrategy**    | 0x46Aaa8AbA8BeFA4C19864e94c81e4C8D28a260Eb |
| **bAutoBNB**        | 0xB8a8401d335B6c9FF6b56ae9ffE06342209b578F |
| **acryptoStrategy** | 0x3Ae002888e1BEcc3b67150315de8A487B8CaC3a9 |
| **bAcryptoBNB**     | 0xcaB590e347F18CC0809a2BAbFb9Dde429C518572 |
| **alphaStrategy**   | 0x67fc8d24A4E59357eFD3614D5122E9e3bAD1FC6E |
| **bAlphaBNB**       | 0xEcB589831eefBdbBc48D1f86294724c76Acd3314 |
| **fortubeStrategy** | 0xecEdc4Db24D1a51152C105a03a2A02F2A16F23FA |
| **bFortubeBNB**     | 0x5AcE08Ff6D79663f9bF90686744C214317d0Df8E |
| **venusV2Strategy** | 0x8c226038CE06761ebA9C08C81DD2e4720f8E9747 |
| **bVenusBNB**       | 0x24E91AC6D37655474B3e2F01118FF0e8CEafE019 |
| **alpacaStrategy**  | 0x0843cba3fB7FAc1e12Ad3945457Aa6f9816d1577 |
| **bAlpacaBNB**      | 0xE096B123f854A107AB96318B236eac40a30EAf67 |
| **bMultiBNB**       | 0xa8Bb71facdd46445644C277F9499Dd22f6F0A30C |

### BUSD Vault

| Contract             | Address                                    |
| -------------------- | ------------------------------------------ |
| **autoStrategy**     | 0x402a1Ab52Be3778Bbe68bE3609B13e95B0DEae1a |
| **bAutoBUSD**        | 0x4eccA0a9649329628B77A7D213eacDd5B3431f73 |
| **acryptoStrategy**  | 0xDBb44B845774b063eEb8C13eF596abf8a97D0dE1 |
| **bAcryptoBUSD**     | 0x25eC24614113a074b3802F20929B3c66B4BFd121 |
| **fortubeStrategy**  | 0xF4de54b68022B7bE54f64e46e498C6523304Fe0c |
| **bFortubeBUSD**     | 0x090F22Ca2E3429f1f4Dd38052Cb451653e98F0C2 |
| **venusV2Strategy**  | 0xA6C8a1cF8Ebc3C312b44003A42D7eA72ddDED5b6 |
| **bVenusBUSD**       | 0x53a53A9E10aBe9d18D009F6F962f51dC8b1D6EDc |
| **ellipsisStrategy** | 0x4cDB64Df300A2B8F6F0e5c72909b9fBcf3b3F135 |
| **bEllipsisBUSD**    | 0x2ec2DDD12566B66f4Da248B1Ecdee8619b5C56cd |
| **alpacaStrategy**   | 0xcce88A5AA1e82CD8b765472Ced6D56fF2c8d3Df6 |
| **bAlpacaBUSD**      | 0xe12135207747d2eC1D1F0Aabd4535E6EE08B853B |
| **bMultiBUSD**       | 0x9171Bf7c050aC8B4cf7835e51F7b4841DFB2cCD0 |

### USDT Vault

| Contract             | Address                                    |
| -------------------- | ------------------------------------------ |
| **autoStrategy**     | 0x62c01A2aa429080faC343d8Bdbc8ae7458ef79d7 |
| **bAutoUSDT**        | 0x40928F9Ed7A77E901420f147255318c8E4c889Dd |
| **acryptoStrategy**  | 0xB3323b3fb3Bccd2EEE9CCa346361924995a39de3 |
| **bAcryptoUSDT**     | 0xEB1f97555021e29a758E2c9D80A50156869BebA4 |
| **fortubeStrategy**  | 0xEfa8fC3613125a886b4a4978aFC06562E2fF0D4A |
| **bFortubeUSDT**     | 0xBa2F7cB88d818bBa7E932310f49D754Eb29eb2eF |
| **venusV2Strategy**  | 0xa26f1893F3FD231f192f56756aE349329B280cb2 |
| **bVenusUSDT**       | 0xdBCb0FAEbEd3484f0F66A08A2551EF6C92667841 |
| **ellipsisStrategy** | 0x5aDDC4C70eeCd53945ab75E2a86865C20F4a52dD |
| **bEllipsisUSDT**    | 0x52f5159335569889092582Da9086Ed36B1C72452 |
| **bMultiUSDT**       | 0x55E1B1e49B969C018F2722445Cd2dD9818dDCC25 |

### USDC Vault

| Contract             | Address                                    |
| -------------------- | ------------------------------------------ |
| **autoStrategy**     | 0x9F19EA8d8B81af5516dDE6683bAC9b9c72A337f8 |
| **bAutoUSDC**        | 0xaaA2CBD03CB3211666e88d5daa62d5bc7B28fa40 |
| **acryptoStrategy**  | 0x01D4ed43b3cdb7a172B86937c75DDA207408B925 |
| **bAcryptoUSDC**     | 0x5fFB0ea175015060Fe929ad724cda38DfA701C2B |
| **fortubeStrategy**  | 0x72503a6c85e3cBb459Fdf76ceFF514a86EF33376 |
| **bFortubeUSDC**     | 0x94065E5740b9C0560bE9B830dA0b2896Da5F86D8 |
| **venusV2Strategy**  | 0xc06D8B505b0e429bE57B95F9BEe1C234Ef02C8C8 |
| **bVenusUSDC**       | 0x1bAf2F9c47D142BE08ec3b73b92137752f1121ce |
| **ellipsisStrategy** | 0xb7Ba6296c577E67a908304AfFE744C6838157195 |
| **bEllipsisUSDC**    | 0xaCd9c79ae50D483f88cF94Fb09fcDCe9c678fB8d |
| **bMultiUSDC**       | 0x7a59bf07D529A5FdBab67D597d63d7D5a83E61E5 |

### DAI Vault

| Contract            | Address                                    |
| ------------------- | ------------------------------------------ |
| **acryptoStrategy** | 0xD6e1c1BDf5478E00458bba46d2dBb8e656E3Aa85 |
| **bAcryptoDAI**     | 0xb6964F48C060f3dFdE2B56488208662DF3A7F427 |
| **fortubeStrategy** | 0xADBA5a1B2C1F3380c47E3De0f40e0fE5AcF4afB0 |
| **bFortubeDAI**     | 0x4b91Dac1229F41c4D322f5F0feA246F069Fb81a3 |
| **venusV2Strategy** | 0x9BaE577cFEA4F1BE81e5250984787f3e05e00593 |
| **bVenusDAI**       | 0x77328E0564D40430222fbc2cFAd333c032B01591 |
| **bMultiDAI**       | 0x9A86fc508a423AE8a243445dBA7eD5364118AB1D |

### View Contracts

| Contract          | Address                                    |
| ----------------- | ------------------------------------------ |
| **BeltView**      | 0xAdc7A8D6CC1633774622Ad872f31605545645691 |
| **BeltSwapView**  | 0xEDD598DbC6728a866416205dF02ac09Bb354140e |
| **BeltVaultView** | 0x1d9Ca31bCB79746e81e30f696c623BbC3FD7308f |


# HECO Belt Contracts

## \[Launch Contracts]

### hBELT

| Contract  | Address                                    |
| --------- | ------------------------------------------ |
| **HBELT** | 0x8c517631a7cd20fc365aa9a4025955fcdaa11f57 |

### 4Belt Pool

| Contract        | Address                                    |
| --------------- | ------------------------------------------ |
| **BeltLPToken** | 0x0E6a619E7b5B6005e99D67dbf4C1D659A1F93ADD |
| **StableSwapB** | 0x50264baCD7a9e73D19438196AAfd73aB10E71dad |
| **DepositB**    | 0x6748D7915e2fB29D0b3B43467028C03b4da281a5 |

### MasterOrbit

| Contract                                  | Address                                    |
| ----------------------------------------- | ------------------------------------------ |
| **MasterOrbit**                           | 0x24B1652b0D9A3Dc82e06E35f8a2940D8591DFd11 |
| **BSC -> Heco Assistant(on BSC mainnet)** | 0xf2EEbF2dC45Bc7e3f744785C312C41307db85496 |

### BTC Vault

| Contract             | Address                                    |
| -------------------- | ------------------------------------------ |
| **channelsStrategy** | 0xFd3608D1397162F48d0B12bBd937E3A08C170567 |
| **bChannelsBTC**     | 0xe8f67d3Dd4587E065d4abE8dCBe454E84526A715 |
| **fildaStrategy**    | 0xA11a82838b63BB0a2af07701Aa8F465B948756ce |
| **bFildaBTC**        | 0x6D8C89C937B68352916904Cb9FB39BA3aCd05c75 |
| **lendHubStrategy**  | 0x80a95f5C832682c652de979cd06825c6E9830dcb |
| **bLendHubBTC**      | 0x0bd7a237672BB287E31B80671704f83335E571f2 |
| **voidV2Strategy**   | 0x13F88Eae908E5A59341074cAa66B463C0913f1Bb |
| **bVoidV2BTC**       | 0x46e0898B8C480Bc3bF864a5C64Cd06940Ff33B4b |
| **bMultiBTC**        | 0x4Cd59EEB3a4D2fa5c35FD3dE0BA1723EeaF1D258 |

### ETH Vault

| Contract             | Address                                    |
| -------------------- | ------------------------------------------ |
| **channelsStrategy** | 0xb8b00A34Ab71e4c715aC961fb6F1b22D053d8564 |
| **bChannelsETH**     | 0x9d5E7AC92a7495EbCC0190964A3b90dfaFc2CF51 |
| **fildaStrategy**    | 0x67Bb0bD833b61a4Fd87d0a6c26217eAA372F65E8 |
| **bFildaETH**        | 0x7840c4C08ab91AB23F57018BF6202a64C7C67588 |
| **lendHubStrategy**  | 0x44F0e999a18f5B9c4F9dF1CB144dcCC4BB2d197b |
| **bLendHubETH**      | 0x923C5DD2449d7DCc54a86635F9196BEB2a4921a1 |
| **voidV2Strategy**   | 0x082D78ea12d7B6D46a7A3Db8D35A705557C62CFc |
| **bVoidV2ETH**       | 0x8434b37b493B27a1e679062210B74B4B22a66F38 |
| **bMultiETH**        | 0xB1493B7bc8e260B0b25235ae5c34B0dC201ce8C3 |

### HT Vault

| Contract             | Address                                    |
| -------------------- | ------------------------------------------ |
| **channelsStrategy** | 0xc666caf40c9163ee15d303d420eedb814e02caa3 |
| **bChannelsHT**      | 0x8d3a8a05e74c41edc6cd2cba2ec7fca0e1c611bb |
| **fildaStrategy**    | 0xb8bd90e32f37ced177de4340eabac0d2bada52d1 |
| **bFildaHT**         | 0xff8376a18db1889abdf325cd28f37a12d2685b86 |
| **lendHubStrategy**  | 0x689854e72bd5226162b7a71b34e9d4c14dfb2f40 |
| **bLendHubHT**       | 0xeb751332103b713b40321f86f5ab5468143c45aa |
| **voidV2Strategy**   | 0x2FCDD04cc45a2c6014144D6Cdd11673aDe985dC8 |
| **bVoidV2HT**        | 0xD3E341FDfa1c71C138e59c088EeBC069e2CfF96e |
| **bMultiHT**         | 0x86f5c8eb736c95dd687182779edd792fef0fa674 |

### HUSD Vault

| Contract             | Address                                    |
| -------------------- | ------------------------------------------ |
| **channelsStrategy** | 0xc33A04be25b465C44832678714651120a22198a1 |
| **bChannelsHUSD**    | 0x5d790E3485aa6Dfe5b4F810C77CD7A41dF7B4CAC |
| **fildaStrategy**    | 0x08230aEb73CFB139A55DFE0A4540B72241425105 |
| **bFildaHUSD**       | 0xCC6c6d6a68f303DaEE2F75C3D0E8688987cad2d8 |
| **lendHubStrategy**  | 0xf44158F6D184897aa0f30284Bd4477A419CbeF95 |
| **bLendHubHUSD**     | 0x00e517A416827720F00e61d9033E99426a6C3C63 |
| **voidV2Strategy**   | 0xF59069CF2C1d4f50c3725444138A774E8165dCa4 |
| **bVoidV2HUSD**      | 0x96a020e1B07089e92f67FbFf1b870E638bf5a711 |
| **bMultiHUSD**       | 0x0e564BC863c2072C47FB8f952062BD5bc673E142 |

### USDT Vault

| Contract             | Address                                    |
| -------------------- | ------------------------------------------ |
| **channelsStrategy** | 0x4bE21765F43CbA527e33D32d7655a3e8c56a88e2 |
| **bChannelsUSDT**    | 0xbca98b7049562B3BDA2E095fEf40626cf77Bc2f3 |
| **fildaStrategy**    | 0x24619e16fbFC26caFE2f1739a7df72fE632A94Ea |
| **bFildaUSDT**       | 0x871dA29944D9CAeB25e048e6196D27c683C33796 |
| **lendHubStrategy**  | 0x69C8953D79f3C6A6Ee718c9d3f0f5b41a392358C |
| **bLendHuUSDT**      | 0xCD70C61807130FcD68d8E2d0F32b2FB8be7A6C40 |
| **voidV2Strategy**   | 0x27599467dd2454FD01C88cA6724c793BF1e83D3f |
| **bVoidV2USDT**      | 0x280Ae883FD219a56ef5182799f324451eaFE201D |
| **bMultiUSDT**       | 0x9bC7a8ec3a8b9d9AEc0C5808456e35A934f457e5 |

### DAI Vault

| Contract             | Address                                    |
| -------------------- | ------------------------------------------ |
| **channelsStrategy** | 0x2DE913D321C2efAC73e2E1cA8Aa92e5eBe5A86a8 |
| **bChannelsDAI**     | 0x2c03530b77699F08c69eCc4D33F801fb667f3406 |
| **fildaStrategy**    | 0xf6b3177cE068263DA4cAa42A857526b179d8BAcC |
| **bFildaDAI**        | 0xBB550cDE1C88C2041Db27DC2fCf67f5354ECa0Ae |
| **lendHubStrategy**  | 0xbDdA28ABC1d0841EE62032C1c9e000B3CE2410e8 |
| **bLendHubDAI**      | 0x44F95Fa54b2ac1cEF14F5085dB2B1a7850b6881C |
| **voidV2Strategy**   | 0xc4867cEfC83583B8CE9896466Fe4CBA4E49Ded35 |
| **bVoidV2DAI**       | 0x25D6A0133CF98E98e462a2a1AD127a5faEB01602 |
| **bMultiDAI**        | 0xA8714b9c86Fb590bF2CEE12bdFccC575aB454272 |

### USDC Vault

| Contract             | Address                                    |
| -------------------- | ------------------------------------------ |
| **channelsStrategy** | 0x80044D8a41c10911dc161cA16fbc82b893E4Eb57 |
| **bChannelsUSDC**    | 0x2df074959D0f3FCfE9b5bFc18E4f9a3F7f56EDCc |
| **fildaStrategy**    | 0x5CF9625A0509b58aBe5fE9930dEEDE082Ca69013 |
| **bFildaUSDC**       | 0x50Cb33F99e05688b4969F728431041f6AA83A086 |
| **lendHubStrategy**  | 0x9e0B64e4C99b4A5685F405a1704c276b47Cf94d3 |
| **bLendHubUSDC**     | 0xF95a075F57887405a424BAE3825086DeEa5c2a99 |
| **voidV2Strategy**   | 0xB939E447C930D10E24144949d2731C253059B84c |
| **bVoidV2USDC**      | 0x50eBED91FDf0dD0bBf2a46eCfB00e31F897dc870 |
| **bMultiUSDC**       | 0xC04a84d0E3f290D0777c233E0945678469adF353 |

### View Contracts

| Contract    | Address                                                                                                               |
| ----------- | --------------------------------------------------------------------------------------------------------------------- |
| NewBeltView | [0x4A971318e2b1ea1A08bC713eEFF9118Cd2F85803](https://hecoinfo.com/address/0x4A971318e2b1ea1A08bC713eEFF9118Cd2F85803) |


# Dedaub Audit

我们已经完成了安全审计，包括之前部署的合约，所有发现的漏洞现在都已完全修复。

* [Belt Finance Audit](https://github.com/BeltFi/belt-contract/blob/main/audit/Belt_Finance_Audit.pdf)
* [Belt Cross-chain AMM Audit](https://github.com/BeltFi/belt-contract/blob/main/audit/Belt_Crosschain_Audit_1.pdf)
* [Belt Cross-chain AMM Audit (Pt. 2)](https://github.com/BeltFi/belt-contract/blob/main/audit/Belt_Crosschain_Audit_2.pdf)


# 如何使用Belt LP staking池

A brief guide on how to use/deposit into Belt Pools

#### 设置你的钱包

首先，请确保已在Binance Smart Chain（BSC）设置了Metamask钱包。 可以通过[此链接获取有关如何设置Metamask的指南](https://docs.binance.org/smart-chain/wallet/metamask.html)。

在继续之前，请确保使用belt时钱包中有足够的BNB来支付相关的交易费用。

完成后，您的Metamask钱包应该看起来像以下这样。 在此时，可以看到目前持有1个BNB（您可以将ETH符号忽略为Metamask UI错误）。

![](https://uploader.shimo.im/f/6DisYndxLaXazzAg.png!thumbnail)

#### 获取稳定币

您有几种获取稳定币的选择（例如Binance，PancakeSwap等）。 对于此操作指南，我将使用PancakeSwap把BNB换成稳定币。 有关在PancakeSwap交易所进行交易的更深入的指导，请查看[此文章](https://medium.com/pancakeswap/how-to-trade-on-the-pancakeswap-exchange-4b226fa500cd)。

去[PancakeSwap 交易所](https://exchange.pancakeswap.finance/#/swap)连接我的Metamask钱包后，我将0.6 BNB更改为BUSD。

![](https://uploader.shimo.im/f/kNxxs52fOG6Ffj4k.png!thumbnail)

确认交易后，可以在Metamask钱包中看到BUSD。 如果未显示，则可以转到BscScan并获取BUSD合约地址，并将其作为自定义token添加到钱包中。 操作完所有步骤后，Metamask钱包应该看起来像这样。

![](https://uploader.shimo.im/f/QJp9KNZXEJlslRnI.png!thumbnail)

要将存款存入LP池，有两种选择：

1. 将单个token存入池中
2. 交换并在池中存放每个token的一部分

可以看下这两个选项。

#### 存入单个代币（例如BUSD稳定币）

这是更简单的选择，因为只需要存入一种token即可。

首先，转到belt.fi网站，然后转到“**BELT LP Staking**质押”部分。 按下“添加流动性”并连接到钱包后，就会像这样：

![](https://uploader.shimo.im/f/oxYPCMGy6KhoZCJd.png!thumbnail)

首先，我将向池中添加49.0015 BUSD。 按下“**Approve BUSD** (同意BUSD)”并通过Metamask确认交易费之后，需要不得不再次“**Add Liquidity**(添加流动性)”并通过Metamask确认交易。 （只有在首次使用每种功能时，才需要双重同意。请确保在确认通过之前，确保继续！）

![](https://uploader.shimo.im/f/o6mWtJzmJQzOWtZl.png!thumbnail)

确认交易后，您的屏幕会显示您拥有**VENUS BLP BALANCE**，如下所示：

![](https://uploader.shimo.im/f/HwRyOhwXAwtlQmbV.png!thumbnail)

然后，您必须“**APPROVE**(同意)”抵押，这将产生另一笔小额交易费用。 然后，“ APPROVE”按钮将变为+-。 按下加号按钮（+）将添加您所有的VENUS BLP以获取权益。 屏幕将如下所示：

![](https://uploader.shimo.im/f/DfBIj4k3iLboqiDq.png!thumbnail)

根据APY，您的抵押金额将增加！

#### 将每个token进行交换并存入池中

这是您的另一个选择。 匹配池中token的比例将最大程度地减少IL（永久性损失），尤其是在您的资产量很大的情况下。 请注意，由于此选项需要执行更多步骤，因此会产生更高的BSC总交易费，因此，只有在处理大量资产时，才最好使用此策略。

为了实现这一目标，由于我所拥有的都是用于稳定币的BUSD 代币，所以我将开始通过网站顶部的Belt.fi AMM交换功能，将一些BUSD交换为池中的其他代币（DAI，USDC，USDT，BUSD） 。

![](https://uploader.shimo.im/f/p94OWXRCM0a2pfCI.png!thumbnail)

这功能再页面顶部附近。

每次我从BUSD兑换成不同的代币（DAI，USDC，USDT）时，我都必须通过Metamask确认交易并支付交易费用。 （请注意，在您第一次进行交换时，您必须先确认合约，然后再确认实际的交换交易）。

完成所有兑换后，“**BELT LP staking**”部分应显示您具有所有相关token。 在设置了您要投入的每个token的数量之后（按“Balance”会自动将其设置为您拥有的最大token），然后同意尚未同意的所有token。

![](https://uploader.shimo.im/f/Uik4uMJRf9B6DD9F.png!thumbnail)

由于我还未同意DAI，USDC或USDT，因此我必须对每个token进行此额外的同意步骤（仅限第一次）。

然后，我可以“**Add Liquidity**(添加流动性)”。 确认交易后，我现在有更多的Venus BLP余额。

![](https://uploader.shimo.im/f/xg3oh9CqB1ApbqDR.png!thumbnail)

在添加完抵押并确认交易后，您的VENUS BLP将显示在质押区域中。

### 理解您的收益回报

![](https://uploader.shimo.im/f/rbV4Gma81Pa2Uo1L.png!thumbnail)

撰写本文时的Venus BLP奖励

对于BELT池，您的收益回报主要来自三件事：Venus APY，交易费APY和BELT APY。

对于Venus，APY来自通过Venus自动计算您的存款。 可以通过本文的“了解流动资金池”部分了解更多信息。

交易费APY来自当他人使用您的存款通过Belt.fi进行掉期时产生的费用的一部分。

BELT APY来自您获得的BELT代币（开始进行流动性挖矿时）。

**但是，在哪里可以看到奖励呢？**

最简单地将您已质押的Venus BLP数量视为您所拥有的总数量，该数字将保持不变。 但是，随着每个股或Venus BLP的价值随着自动复利（Venus APY）和交易费APY的上升而增加，您会看到您的存款价值上升（在下图中突出显示）。

![](https://uploader.shimo.im/f/pQkVNSXHxDJcg5WG.png!thumbnail)

一旦开始进行流动性挖矿，您还可以在BELT EARNED部分中轻松查看BELT奖励并可分别收获。

总而言之，将您的资产存入Belt.fi，以获得可以带来最佳产量的belt，然后只需静静地看着您的投资组合安全增长！

### 从Belt LP staking池中移除流动性

离开的如此之快？悲伤地看到你去，但这里告诉你如何进行这一点。

第一步是按Venus BLP Staked部分中的减号按钮（-）。

![](https://uploader.shimo.im/f/ClvQ5tLNfTQwK9Fs.png!thumbnail)

通过钱包确认交易后，您的Venus BLP现在应显示在“BALANCE余额”部分。

![](https://uploader.shimo.im/f/Uxu53WgvhOE6Z3Bj.png!thumbnail)

现在，转到“**Remove Liquidity**(移除流动性)”部分，然后按**COMBINATION MAX** (最大组合数)或选择一个token并将其最大化。

这是当您按**COMBINATION MAX**时的界面。

![](https://uploader.shimo.im/f/ucqLoo8G8jHwBo5r.png!thumbnail)

从这里开始，按“**Approve LP Token**(同意LP token)”将引导您确认合约（仅在初审时）。 确认后，您将在“Approve LP Token(同意LP token)”按钮的位置看到一个“**Remove Liquidity**删除流动性”按钮。 按此按钮并确认您的交易将从此池中删除您的流动性，您将收到显示的代币（DAI，USDC，USDT，BUSD）。 这些代币将显示在您的钱包中。

否则，您可以最大化一个特定token以进行删除。 在您选择的token旁边按MAX，如下图显示：

![](https://uploader.shimo.im/f/LzRXT9TiWFjIhHEz.png!thumbnail)

同样，按“**Approve LP Token**(同意LP token)”将引导您确认合约（仅在初审时）。 确认后，您将在“同意LP token”按钮的位置看到一个“**Remove Liquidity**删除流动性”按钮。 按此按钮并确认您的交易将从此池中删除您的流动性，并且您将收到您选择的最大额度代币（BUSD）。 该令牌将显示在您的钱包中。\
\\


# More coming soon!


