Motif | Docs
  • Motif
  • Problem: 'Bitcoin Solo Staking?'
  • Size of the Opportunity
  • Solution: Bitcoin staking DTP
    • Staking DTP vs Staking ETP
    • Staking DTP vs LSTs
  • On-chain primary markets
  • On-chain secondary markets
  • User Guide (BitDSM Testnet)
    • How to mint DTP
      • Create New Staking DTP
      • Create BOD
      • Deposit
      • Delegate & Remap
    • How to redeem DTP
      • Undelegate
      • Withdraw
  • SPECIFICATION
    • Intuition
    • What is in-kind remap?
      • In-kind vs wrapped
    • Contract Architecture
    • BitcoinPod Overview
      • Stateless vs Stateful
    • Restaking remap
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  1. User Guide (BitDSM Testnet)
  2. How to mint DTP

Deposit

PreviousCreate BODNextDelegate & Remap

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Next, you need fund the BOD.

  1. After successful creation of a BOD, you should be automatically presented with the “Deposit BTC” form. If not, go to the dashboard and click on “Fund BOD” button, select the BOD you wish to fund then confirm.

  1. On the “Deposit BTC” form, enter the amount of BTC you wish to deposit and confirm. Sign the transaction and wait for confirmation that the deposit request has been sent out. You can click on the provided to check on the status of the deposit on the Bitcoin blockchain.

  1. The Operator with be notified to watch for the deposit. Once the deposit has been verified, the Operator will confirm the deposit as completed. This may not happen right away due to many factors, so please be patient and keep the page open, and if you accidentally close the page or lose connection, refresh the dashboard and go to the “Staked Assets” tab in the and find the section “Undelegated BODs”. Check to see that there are available BODs with non-zero balances and click on the “Delegate” button. If you had just made a deposit, the system may not have finished confirming the deposit yet as BTC transactions can take up to 20 minutes or more.