This guide is designed for liquidity providers (LPs) who want to bridge their USDC from the Ethereum network (or other supported networks) to aeUSDC on the Stacks network using Allbridge. After completing this process, you'll be able to provide liquidity on Velar Protocol and potentially earn rewards as an LP.

If you’ve already bridged aeUSDC on stacks chain, go ahead and follow this to provide liquidity on aeUSDC pairs on Velar: How to add liquidity to pairs on Velar Protocol

Step 1: Preparing Your Wallet

Before you start, ensure that your wallet (e.g., MetaMask) is set up and funded with USDC and Ethereum (ETH) to cover transaction fees.

• Install or open your MetaMask or any compatible wallet.

  
  

• Confirm the availability of USDC and ETH for fees.

  
  

Step 2: Bridging USDC to aeUSDC using Allbridge

To bridge your USDC to aeUSDC, follow these steps:

• Go to Allbridge app.

  
  

• From the 'From' dropdown, select 'Ethereum'.

  
  

• In the 'To' dropdown, choose 'Stacks'.

  
  

• Under 'Choose asset', select 'USDC' for the source and 'aeUSDC' for the destination.

  
  

• Click 'Connect Wallet' to link your wallet to Allbridge.

  
  

• Input the amount of USDC you wish to bridge.

  
  

• Confirm the transaction in your wallet and wait for the bridging process to complete.

  
  

• The interface should look similar to the example screenshot provided, with 'Ethereum' as the source network and 'USDC' as the asset, and 'Stacks' as the destination network with 'aeUSDC' as the received asset.

Step 3: Providing Liquidity on Velar Protocol

Once you receive your aeUSDC on the Stacks network, you can provide liquidity on Velar Protocol by following these steps:

• Visit Velar Protocol's liquidity page.

  
  

• Connect your Leather or Xverse wallet.

  
  

• Locate the liquidity pool for aeUSDC and its pair.

  
  

• Input the desired amount of aeUSDC and the corresponding token for liquidity.

  
  

• Confirm the transaction in your wallet.

  
  

• Stake your liquidity tokens by Velar Protocol.

  
  

Troubleshooting and Support

If issues arise, consult the FAQ sections or contact the support teams of Allbridge and Velar Protocol. By following these steps, you're now a contributor to the Velar Protocol ecosystem and positioned to earn LP rewards.

Congratulations, you have now successfully bridged aeUSDC on Stacks blockchain. Click here for complete steps to provide liquidity on Velar: ​How to Add liquidity to pairs on Velar Protocol.