Getting DAI/bluSGD LP Tokens

Why do we need LP Tokens?

To purchase a DAI/bluSGD LP Treasury Bond, we need to provide liquidity on Uniswap using DAI and bluSGD tokens. Therefore before purchasing LP Treasury bonds, make sure you have obtained DAI and bluSGD tokens in your wallet.

Getting DAI/BLU LP Token

Follow these steps to get the DAI/bluSGD LP token:
  1. 1.
    Go to Bluejay testnet site “Dashboard” and click on “Wallet” in the top right corner.
2. Then click on the swap button beside “DAI/BLU LP” under “LP Tokens”. This will redirect you to Uniswap(Rinkeby) site.
Then proceed to follow the same steps you did to get DAI/BLU LP tokens(here).
Click on “Approve bluSGD”, and then confirm the transaction on the Metamask pop-up.
Then click on “Supply” and approve the transaction through the Metamask pop-up.
Congratulations, you are now a liquidity provider for the DAI/bluSGD LP token.

Approving DAI/bluSGD LP

Before you can proceed to buy the bond, you must approve DAI/BLU LP. This is a one-time action.
First we will go back to Bluejay’s Testnet site. Then click on “DAI/SGD” from the left side bar.
You should be able to see this screen below:
Then proceed to follow the steps as we did to approve DAI/BLU LP. Click on “Approve DAI/bluSGD LP” and confirm the transaction on the Metamask popup.
You can now proceed to buy the DAI/bluSGD LP Treasury Bond.

Buying DAI/bluSGD Bonds

Using your DAI/bluSGD LP tokens in your Rinkeby Wallet, key in any amount of bonds that you would like to buy, click on “Bond”.
You will see a Metmask popup to confirm the transaction. Click on “Confirm”. After a few seconds, your transaction should be completed and you are now a proud DAI/BLU LP Treasury Bond owner.

Purchased Bonds

You can go back to the main “Bonds” page to view your Purchased Bonds and track their respective maturity.
This was the last step of the user guides. We have gone through all the actions available on the Bluejay test net site. If you have further questions, do not hesitate to reach out to the team or community on our discord channel (https://discord.gg/4DMsg555KT). If you require further technical support, you can open a support ticket or ask questions in our “community support” group.