How to earn wbACE for participating in the Planet NFT Launchpad
wbACE for the Planet NFT Launchpad
Today Catalist announced the launch of the Planet NFT Launchpad with Fusionist.
The launchpad will be available to participate in with Catalist’s $wbACE.
However, many people are still unfamiliar with the ACE ecosystem and are confused about how to acquire Catalist’s $wbACE.
So today, we’re going to take a closer look at how you can convert $ACE to $wbACE on Catalist.
Order of converting ACE to wbACE
- Stake $ACE
- Wrap $bACE to get $wbACE
- Unwrap $wbACE
Below, we’ll detail how you can acquire $wbACE with Catalist in a table of contents.
1. ACE Stake
<How to Stake ACE on Catalist>
1) Connect your wallet to Catalist.
- Click “Connect Wallet” on the official Catalist website at https://catalist.app/ko/stake.
- If your Metamask wallet does not have the Endurance Smart Chain network, proceed to add the Endurance network to connect to the ACE mainnet.
2) Select the amount of ACE to stake.
- Once your wallet is connected to Catalist, available amount of ACE for staking will be displayed.
3) Enter the amount of ACE to stake and click the “Stake” button.
- Enter the amount of ACE you want to stake in the Catalist and click the “Stake” button at the bottom, then click “confirm” to complete the ACE staking.
- If you select “MAX”, you might not have enough ACE left for transaction fees, so we recommend to leave some ACE for transaction fees.
4) Check the staked bACE amount in the “Stake amount”.
- Once staking is successfully completed, you will see a “Transaction Successful” notification along with the hash value. In the “Staked amount”, you can check the bACE received in proportion to the ACE staked.
2. bACE Wrap
<How to wrap a bACE to obtain a wbACE>
1) In the Wrap menu, enter the quantity of bACE and click the Wrap button.
- bACE can be acquired through ACE staking.
- You can earn as many wbACE as you wrap in bACE.
- The bACE to wbACE exchange rate changes daily.
2) When bACE is exchanged for wbACE, you can see it in the wbACE Balance.
- Once wrapping is successfully completed, you will see a “Transaction Successful” notification along with the hash value.
3. wbACE Unwrap
<How to unwrap a wbACE to obtain a bACE>
1) In the Unwrap menu, enter the quantity of wbACE you have and click the Unwrap button.
- Unwrap the wbACE to get the bACE.
2) When wbACE is exchanged for bACE, you can see it in the bACE Balance.
- If the unwrap was successful, you’ll see the hash value along with the message Transaction Successful.
- The exchange rate may vary from day to day.
Today we learned how to exchange $ACE for $wbACE via Catalist.
Stay tuned for more details on how to join Fusionist’s Planet NFT Launchpad and airdrop announcements.
In the meantime, stay tuned to Catalist as we continue to work for the ACE ecosystem!
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