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Stake BTC with Ledger Wallet

Earn Yield on Your BTC with BOB Stake​

BOB Stake lets you stake, restake, or lend your BTC from a single, unified interface so you can put your BTC to work earning yield faster than ever before.

It's built on a trustless, RFQ-based cross-chain swap protocol that connects professional liquidity providers (LPs) with users through a seamless swapping experience. LPs handle the complexities of bridging and staking on behalf of users in exchange for a fee.

All you need is a Bitcoin wallet with some BTC to send and an EVM-compatible wallet to receive your Bitcoin LST on BOB. We'll even send you some ETH to cover the fees of your first few transactions on BOB.

Prerequisites​

To complete this task you will need

  • A Ledger Hardware wallet with BTC on the Bitcoin network

That's it! You do not need any tokens on any EVM chain, including BOB. If you don't have an Ethereum or EVM address yet, this guide will show you how to create one in Ledger Live.

Step-by-Step Guide​

Part One: Set Up Accounts​

  1. Download the XVerse wallet. This will allow you to connect your Ledger's BTC account to the BOB Stake app.
  2. Connect your Ledger device to the XVerse wallet.
  3. Create an EVM account for your Ledger device. This is sometimes also called an Ethereum address. We recommend these options.

Part Two: Stake​

  1. Open the BOB Stake page.

    BOB Stake app page

  2. Click Connect Wallet in the top-right corner of the page.

  3. Select BTC, then select XVerse.

    Modal to select a Bitcoin wallet

  4. Select your Ledger account and click Connect in the XVerse window that pops open.

    XVerse window to connect Bitcoin account

  5. Click your Bitcoin address in the top-right corner of the page.

    Page with top-right wallet address highlighted

  6. Click Connect EVM Wallet in the sidebar that opens.

    Wallet sidebar

  7. Choose your EVM account to connect. It will depend on the wallet software you chose in Part One. The next few steps will show how to connect to Ledger Live's Ethereum account with WalletConnect.

    Modal to select an EVM wallet

  8. Click Ledger Live.

    WalletConnect modal with Ledger Live option

  9. Click the EVM address you would like to use, then click Connect.

    Ledger Live app selecting an EVM address

  10. Back on the BOB Stake page, click the icon of two arrows to close the wallet drawer.

    Stake page with wallet drawer open

  11. Click on your preferred staking strategy. This guide will use Liquid Staking Solv-Babylon as an example.

    Staking strategy options with one highlighted

  12. Enter the amount of BTC you would like to stake, then click Stake.

Top up gas

We recommend leaving Top up Gas toggled on to convert a small amount of your BTC to ETH, which enables you to pay for transaction fees on BOB.

Staking strategy options with one highlighted

  1. Click Confirm in the XVerse window that opens.

    XVerse window to sign Bitcoin transaction

  2. Follow the steps on your Ledger device to sign the transaction.

staking complete

BOB will handle the rest of the process, including broadcasting your Bitcoin transaction staking wrapped BTC on BOB for you.

  1. To monitor the progress of the staking process, click the clock icon on the Stake page to open the Activity section in the sidebar.

    Stake page with clock icon highlighted

  2. This reveals the Activity section of the sidebar, which summarizes your ongoing and past staking transactions.

    Sidebar showing staking transactions

  3. To see your staked BTC positions, open the "My Deposits" tab of the Stake page.

    My Deposits tab

Contact Us​

If you have any questions, please reach out to us on Discord or Telegram. Welcome to the Bitcoin Renaissance on BOB!