Introduction
This tutorial will guide you through the process of depositing funds into SoDEX, a decentralized exchange (DEX) integrated within the SafePal ecosystem. SoDEX allows users to trade and provide liquidity directly from SafePal wallets. Before you begin, ensure you have already created or imported a software wallet in the SafePal App.
Prerequisites
- SafePal App and wallet V4.11.7 or above installed on your smartphone (available on iOS and Android)
- Sufficient funds and $ETH on the Base network in your wallet to cover gas fees
Step 1 | Open SoDEX and Copy Deposit Address
1. Open the designated SafePal campaign link from the task description on QuestHub. For first-time visitors, please accept the Terms of Use, Privacy Policy, and Cookie Policy and confirm the sign message to connect your wallet.
2. Then click "Deposit" at the top.
3. Select "USDC" as the coin and the chain, then copy the deposit address. Base is recommended for lower network fees.
·Tips: Click the minimize button in the top-right corner to turn the page into a floating window, making it easier to return and continue operating.
Risk Warning:
Please ensure that the network used for transferring out of your wallet matches the deposit network selected on SoDEX.
Step 2 | Send more than 100 USDC from SafePal Wallet
1. Return to the SafePal wallet, open "USDC" on the corresponding network, and click "Send".
2. Paste the SoDEX deposit address, enter the amount, and confirm the transfer.
Step 3 | Wait for Deposit Confirmation
1. After completing the transfer, return to the SoDEX page and wait for the deposit to arrive.
2. If it shows "USDC deposit pending", please wait patiently for block confirmation.
3. When the top status displays "Deposit successful" or view "Total Assets" under "Deposit" in the Portfolio you can proceed to subscribe.
Important Investment Disclaimer
Investing in cryptocurrency and using Decentralized Applications (DApps) carries significant risk. Please read and understand the following disclaimer before using the Popular Yield DApp section.
- Not Financial Advice: The information provided in the SafePal App is for informational purposes only and should not be considered financial, investment, or legal advice. SafePal is not your financial advisor.
- Do Your Own Research (DYOR): You are solely responsible for conducting your own research before engaging with any product or DApp. This includes understanding the associated risks, such as smart contract vulnerabilities, impermanent loss, project failure, and market volatility.
- Third-Party DApps: SafePal's vetting process does not guarantee their security or performance. SafePal is not liable for any losses you may incur from using these external services.
- You Control Your Assets: When interacting with DApps, you retain control of your private keys. However, you also bear full responsibility for your actions, including approving transactions.
