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Alchemix Holyheld Topup – Complete User Guide

This guide explains how to top up your Holyheld card with Alchemix, step by step. Each step is illustrated with a screenshot for clarity.

1. Connect Your Wallet​

Step 1

  • Connect your wallet using MetaMask or WalletConnect.

2. Enter Your HolyTag & Select Deposit & Top-Up​

Step 2

  • Enter your HolyTag to link your Holyheld card. Make sure your HolyTag is validated (you should see a confirmation message).
  • If you do not have an Alchemix position, select the Deposit & Top-Up tab.

3. Select Collateral Asset​

Step 3

  • Select the asset you wish to deposit (e.g., DAI, USDC, ETH, etc.).

4. Enter Deposit Amount​

Step 4

  • Enter the desired amount to deposit.

5. Choose Yield Strategy and Borrow Amount​

Step 5

  • Select a yield strategy from the dropdown (e.g., Yearn or Alchemix v2).
  • Enter the amount you want to borrow.

6. Confirm Transaction​

Step 6

  • Review the transaction summary.
  • Click on Confirm Transaction to initiate the process.

Note: The first use might require you to approve the asset.

Top-Up Only​

If you already have an Alchemix position and only want to top up your Holyheld card (without depositing new collateral), follow these steps:

1. Go to the Top-Up Tab​

Top-Up Tab

  • Navigate to the Top-Up tab in the interface.

2. Enter Borrow Amount​

Enter Borrow Amount

  • Enter the amount you want to borrow for your top-up.

3. Enter Your HolyTag​

Enter HolyTag

  • Enter your HolyTag to link your Holyheld card.

4. Review and Confirm​

Review and Confirm

  • Review the transaction summary.
  • Click on Top-up to proceed.

Note: This mode allows you to borrow against your existing position and top up your card directly.

Tips and Precautions​

  • Wallet Security: Always ensure that you use a secure wallet.
  • Risk Management: Be aware of possible fluctuations in your collateral's value and the risks associated with borrowing.
  • Updates: Regularly check our documentation for the latest updates and improvements.