YAT Purchase Process

As shown in the figure in order to purchase YATs, a user should take the following steps:

  1. The user logs into the Lorenzo dapp using the user’s BTC&EVM wallet.

  2. The user selects a Staking Agent and a desired restaking plan.

  3. The user sends BTCs to the Staking Agent, who then stakes to the PoS chains in the Babylon ecosystem according to the user’s request. Using the restaking information, the Staking Agent invokes the YAT_Control_Module module on the chain to issue stBTCs to the user. Additionally, based on the stakePlanId, the Staking Agent mints corresponding YATs for the user.

PreviousYAT Issuance ProcessNextYAT Reward Claiming Process

Last updated