In this step-by-step guide, you will learn how to bridge assets to Rootstock network, make a swap, and LP on Rootstock via Sushi v2 & v3 AMM.
Bridge Assets From Ethereum Mainnet to Rootstock
There are a few ways to bridge from Ethereum Mainnet to Rootstock. If you are starting from scratch, we recommend Symbiosis to get some RBTC to start. If you already have gas tokens like RBTC in your wallet, you can use the native RSK bridge with Ethereum.
Navigate to the Swap section on the Symbiosis website.
Connect Wallet
Connect your wallet (e.g., MetaMask).
Choose the Token to Transfer From
Select the token you want to transfer from Ethereum Mainnet and specify the amount.
Choose the Destination Chain
Select Rootstock as the destination chain and RBTC as the destination token, then click "Swap".
Approve the Transaction
Approve the use of the token in your wallet and follow the prompt on Metamask to submit the transaction.
Transaction completed
You should be able to find the RBTC in your Metamask on the Rootstock network.
Swap on Rootstock via Sushi
Visit the Sushi Website
Navigate to the Sushi interface by visiting Sushi.
Connect Wallet
Use a Web3 wallet, such as MetaMask, and connect by following the prompt.
Change Network to Rootstock
Switch from the default or current network to Rootstock in the network selection area. Ensure your wallet is connected.
Select Tokens to Swap
Choose the tokens you wish to swap. Click on the token list to see more options in the dropdown menu. Select the tokens you want to swap from and to.
Enter Swap Amount
Input the number of tokens you want to swap. Click “Swap” to proceed.
Check the details
Confirm the details of the Swap and follow the instructions. You will have to approve the tokens you want to swap, follow the wallet instructions and click “Approve”.
Execute the Swap
Click “Swap” to initiate the transaction, then click “Confirm” in your wallet interface to execute the swap. Upon successful transaction, you've effectively swapped tokens on Rootstock.
LP on Rootstock via Sushi (v3):
Visit the Sushi Pool UI
Navigate to the Sushi Pools interface by visiting Sushi Pools.
Connect Wallet and Change Network
Connect your wallet and change the network settings to Rootstock if you haven’t already done so.
Select a Pool
Choose a liquidity pool you're interested in LPing, for example, RBTC/ rUSDT
Select Price Range
Determine the price range within which you're willing to provide liquidity. There are two ways to do this:
a. Adjust the price range bar to set the minimum and maximum price.
b. Enter specific values into the designated boxes.
Note: Remember that a narrower price range can result in higher fee collection but also increase the risk of being out of range and not earning any fees. Opting for the full range is equivalent to the classic v2, with no concentrated liquidity.
5. Provide Liquidity Amount
Enter the amount for one token in the pair. The protocol will populate the other token. If one token exceeds the amount, try inputting the other one first. Just like swapping, you need to approve the spending cap for the tokens. Click “Approve (TKN)” and approve the tokens one by one on your wallet.
7. Review & Confirm
Follow the instructions on the UI. Click “Preview”, then “Add Liquidity”. Confirm the transactions in your wallet.
Manage Position
After adding liquidity, you can manage your position by selecting “My position” under the Pools UI. This allows you to adjust or remove your liquidity as needed.
LP on Rootstock via Sushi (v2)
Enter Sushi App
Head over to the Sushi app and select Enter App in the upper right corner. Next, make sure your wallet is connected and select the Pools tab on the upper left corner of the screen to be brought to the pools page.
Select V2 Position
There are 2 entry points:
#1 Once on the Pools page, click on the drop-down menu at the end of "I want to create a position" to see both V3 Position and V2 Position. Select V2 Position. This will bring you to the Add Liquidity page, where you can provide liquidity to an existing pool, or you can choose to create a new pool.
#2 Choose Rootstock Network. Select Rootstock on the network and choose v2 under “Type” then select a token pair.
Add the amount you want to provide liquidity to.
Depending on which entry point you use, you will see a slightly different UI. But both will show you the token pair.
Note: Both tokens will automatically represent a 50/50 balance, so make sure you have enough tokens of each in your wallet. Also, ensure your wallet is on the same network as the network you are providing liquidity to.
Approve Tokens
Approve the tokens on your wallet.
Add Liquidity and Confirm
Add liquidity and confirm on your wallet.
Done
You can see your position on the pool page.
Important Links
Symbiosis: https://symbiosis.finance/
Sushi Swap: https://www.sushi.com/swap
Sushi Pools: https://www.sushi.com/pool
Full Sushi v3 Tutorial: https://www.sushi.com/blog/how-to-v3
