Introduction to the Obelisk FBTC Pool

Welcome to the Obelisk Protocol, a revolutionary asset management platform created by the NodeDAO team. Obelisk integrates various DeFi yield strategies to help users maximize returns on their crypto

What is the FBTC Pool?

The FBTC Pool is a key feature of the Obelisk Protocol, allowing users to deposit FBTC and earn competitive yields through carefully curated strategies. By participating in the FBTC Pool, users can leverage their FBTC holdings to generate additional income while maintaining flexibility and security.

How the FBTC Pool Works

Deposit and Receive oBTC

1. Access the Obelisk Front-End: Begin by navigating to the Obelisk protocol's website.

2. Deposit FBTC: Deposit your FBTC into the protocol through the front-end page. This operation is supported on both the Ethereum and Mantle networks.

3. Get oBTC: Once your FBTC is deposited, you will receive oBTC at a 1:1 ratio, representing your Layer 2 asset.

Participate in the FBTC Yield Pool

1. Deposit oBTC: Navigate to the FBTC yield pool section on the Obelisk platform and deposit your oBTC.

2. Receive oyBTC: Upon depositing oBTC into the yield pool, you will receive oyBTC, a deposit certificate. This certificate allows you to start earning SolvBTC Points from the yield pool.

View and Claim Your Returns

1. Monitor Earnings: Use the Obelisk front-end interface to check your staked amount and the points you have accumulated.

2. Timing of Returns: The timing of return acquisition is linked to the Token Generation Event (TGE) of each strategy. These returns are not continuous and vary by strategy.

3. Claim Returns: When returns are available, you can claim them directly from the Obelisk front-end page.

Withdraw Your Funds

1. Return oyBTC: If you wish to withdraw your funds, return the oyBTC to the protocol.

2. Withdraw FBTC: After returning oyBTC, you can withdraw your FBTC at any time.

Why Use the FBTC Pool?

The FBTC Pool on Obelisk offers several advantages:

• High Yield: Access a variety of yield strategies designed to maximize returns.

• Flexibility: Deposit and withdraw funds easily without long-term commitments.

• Security: Benefit from the security protocols and risk management strategies implemented by the Obelisk team.

Join the FBTC Pool on Obelisk today to start earning more from your crypto assets! If you have any questions or need further assistance, our support team is here to help.