Task 1: Mint YBTC.B on Bitlayer chain

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How to Mint YBTC.B on Bitlayer Chain?

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Step 1: Visit the website https://www.bitlayer.org/btcfi-v2/projects/2 and connect the account with the Binance Keyless Wallet.

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Step 2: Input the designated amount of BTC that you hope to deposit to get the designated amount of YBTC.B and press the “Confirm” button. You will see the notice of “Deposit Success” after you have successfully minted YBTC.B.

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Step 3: Please return to the Binance Keyless Wallet to verify the task.

How to Redeem YBTC.B to BTC on Bitlayer Chain?

YBTC.B is an important asset to complete tasks and share potential rewards in the forthcoming Phase 3 Campaign. It is advised to keep YBTC.B minted until Phase 3, so that you can join the Phase 3 campaign directly without the need to mint YBTC.B again in Phase 3. YBTC.B is redeemable since Aug 14th 9.00 UTC (withdrawal before Aug 14 9.00 UTC may lead to anti-sybil checks). Press the “Redeem” button, you will be able to redeem YBTC.B to BTC. YBTC.B is 1:1 redeemable. Redeem gas is about $0.2.

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Task 2: Swap any value on Bitzap

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How to swap on Bitzap?

Step 1: Visit BitZap and connect your wallet

Visit the BitZap official website https://bitzap.ai/#/bitlayer/swap and click "Connect Wallet", and select Binance Wallet.

Step 2: Select assets (any trading pair) you would like to swap. At the top, select the token you want to swap; at the bottom, select the target token you wish to receive (in the screenshot, take USDT/BTC as an example).