Getting Started with Stasis
Welcome to Stasis! This guide will walk you through everything you need to know to start earning stable yield through our delta-neutral vault strategy.
Prerequisites
What You'll Need
Web3 Wallet: MetaMask, Coinbase Wallet, or WalletConnect-compatible wallet
USDC: The stablecoin used for deposits (on Avalanche network)
AVAX: Small amount for transaction fees on Avalanche
Basic DeFi Knowledge: Understanding of wallets and transactions
Network Setup
Stasis operates on Avalanche Fuji Testnet (currently in testing phase):
Network Name: Avalanche Fuji Testnet
RPC URL: https://api.avax-test.network/ext/bc/C/rpc
Chain ID: 43113
Currency Symbol: AVAX
Block Explorer: https://testnet.snowtrace.io
Step-by-Step Setup
1. Wallet Configuration
Adding Avalanche Fuji to MetaMask
Open MetaMask and click the network dropdown
Select "Add Network" or "Custom RPC"
Enter the network details above
Click "Save" to add the network
Getting Test AVAX
For testnet usage, get free AVAX from the faucet:
Visit Avalanche Faucet
Enter your wallet address
Request test AVAX for transaction fees
Getting Test USDC
For testing purposes:
Use the built-in faucet in the Stasis app
Or swap test AVAX for test USDC on testnet DEXs
2. Connecting to Stasis
Accessing the Application
Visit app.stasis.finance (example URL)
Click "Connect Wallet" in the top right
Select your preferred wallet (MetaMask, Coinbase, etc.)
Approve the connection request
Wallet Connection Process
1. Click "Connect Wallet"
2. Choose wallet type
3. Approve connection in wallet
4. Switch to Avalanche Fuji network if prompted
5. You're connected! 🎉
3. Understanding the Dashboard
Main Metrics
Total Value Locked (TVL): Total USDC deposited in the vault
Current APY: Real-time annual percentage yield
Your Position: Your rSTS balance and USD value
Exchange Rate: Current rSTS to USDC conversion rate
Key Information Panels
Vault Overview: Performance metrics and strategy status
Your Position: Personal balance and earnings tracking
Deposit/Withdraw: Transaction interface
Performance Charts: Historical APY and TVL data
Making Your First Deposit
Deposit Process
Step 1: Prepare USDC
Ensure you have USDC in your wallet on Avalanche Fuji
Check you have some AVAX for transaction fees
Note the current exchange rate (initially 1:1)
Step 2: Enter Deposit Amount
Navigate to the "Deposit" section
Enter the amount of USDC you want to deposit
Review the rSTS amount you'll receive
Check the transaction summary
Step 3: Approve and Confirm
Click "Approve USDC" (first-time only)
Confirm the approval transaction in your wallet
Click "Deposit" once approval is complete
Confirm the deposit transaction in your wallet
Step 4: Confirmation
Wait for transaction confirmation (usually 1-2 seconds)
Your rSTS tokens will appear in your wallet
Your position will be visible on the dashboard
Transaction Example
Deposit: 1,000 USDC
Exchange Rate: 1.00 USDC per rSTS
rSTS Received: 1,000 rSTS
Transaction Fee: ~$0.01 in AVAX
Understanding Your Position
rSTS Token Mechanics
Auto-Compounding: Your rSTS automatically increases in value
No Claiming: Yield is built into the token price
Instant Liquidity: Withdraw anytime at current rate
ERC-20 Standard: Compatible with all wallets and DeFi protocols
Tracking Performance
Your earnings come from the increasing exchange rate:
Day 1: 1,000 rSTS × 1.000 = $1,000
Day 30: 1,000 rSTS × 1.005 = $1,005 (+0.5%)
Day 365: 1,000 rSTS × 1.060 = $1,060 (+6.0%)
Portfolio Monitoring
Real-Time Value: Live USD value of your position
Yield Tracking: Performance since deposit
APY Calculation: Annualized return rate
Historical Charts: Track your growth over time
Safety and Best Practices
Security Tips
Verify URLs: Always check you're on the official Stasis website
Wallet Security: Never share your private keys or seed phrase
Transaction Review: Always review transaction details before confirming
Start Small: Begin with a small amount to familiarize yourself
Risk Management
Understand Risks: Smart contract and strategy risks exist
Diversification: Don't put all funds in a single protocol
Stay Informed: Follow updates and announcements
Emergency Procedures: Know how to withdraw quickly if needed
Common Mistakes to Avoid
Wrong Network: Ensure you're on Avalanche Fuji
Insufficient Gas: Keep some AVAX for transaction fees
Impatience: Yield accrues over time, not instantly
Panic Selling: Understand the strategy before investing
Getting Help
Resources
Documentation: Comprehensive guides and explanations
FAQ: Common questions and answers
Discord: Community support and discussions
Support: Direct help for technical issues
Community
Discord Server: Real-time chat with users and team
Twitter: Updates and announcements
Telegram: Community discussions
GitHub: Technical documentation and code
Troubleshooting
Common issues and solutions:
Wallet Won't Connect
Clear browser cache and cookies
Try a different browser or incognito mode
Update your wallet extension
Check network settings
Transaction Fails
Ensure sufficient AVAX for gas fees
Check USDC balance and allowance
Try increasing gas limit
Wait for network congestion to clear
Can't See rSTS Tokens
Add rSTS token to your wallet manually
Contract address: [To be updated]
Symbol: rSTS
Decimals: 18
Next Steps
After Your First Deposit
Monitor Performance: Check your position regularly
Learn More: Read about delta-neutral strategies
Join Community: Connect with other users
Consider Scaling: Increase position size as you get comfortable
Advanced Features
Withdrawal Strategies: Optimal timing for withdrawals
Tax Considerations: Understanding yield treatment
Integration: Using rSTS in other DeFi protocols
Portfolio Allocation: Optimal position sizing
Next: Depositing USDC