🛫User Guide

EdBank User Guide: How to Utilize EDU Deposits & ESD

Welcome! 🎉 This guide will help you understand how to deposit EDU, mint ESD, and utilize it efficiently within EdBank. Additionally, by participating in Point Mining, you can qualify for a share of the 504,000 YUZU airdrop, so make sure to read until the end! 🚀🍋 (Season 2)

expired - Additionally, by participating in Point Mining, you can qualify for a share of the 16M YUZU airdrop, so make sure to read until the end! 🚀🍋 (Season 1)

🌟 Overview: How to Use ESD in EdBank

After depositing EDU and minting ESD, users can benefit in three main ways:

  1. Earn protocol rewards through ESD Saving

  2. Provide USDC/ESD liquidity and earn LP rewards

  3. Mine Points to qualify for the YUZU airdrop 🍋🔥

Follow the steps below to get started!

📌 ESD Utilization Process (Step-by-Step Guide)

1️⃣ Getting Started

First, connect your wallet to EdBank.

2️⃣ Open a Deposit & Minting Position

  • Click Launch app button

  • Click Mint button

  • Open Vault (Only one-time)

  • Insert the numbers for EDU collateral and ESD minting

3️⃣ Choose Your Utilization Method

Users can select one of two primary ways to use ESD.

✅ Option 1: ESD Saving (Staking)

✔️ How it works:

  1. Deposit ESD into the Saving Pool

  2. Earn protocol revenue rewards distributed in ESD

💡 Key Benefits:

  • Provides stable and passive income

  • No exposure to impermanent loss

  • Earn Points for additional benefits 🚀

✅ Option 2: Provide USDC/ESD Liquidity (LP)

✔️ How it works:

  1. Pair ESD with USDC and provide liquidity

  2. Earn LP rewards from the liquidity pool

💡 Key Benefits:

  • Potential for higher returns but includes market risks (impermanent loss)

  • Suitable for users experienced in DeFi liquidity provision

  • Earn Points through LP participation 🎯

🔥 🚀 Bonus: Point Mining & 16M YUZU Airdrop Opportunity!

Detail information

📘Point Program

🎯 Final Goal: Sustainable Earnings + Airdrop Benefits

  • Earn protocol rewards via ESD Saving

  • Earn LP rewards by providing USDC/ESD liquidity

  • Mine Points to qualify for the YUZU airdrop

Users can choose the best strategy based on their personal investment preferences to maximize returns. Evaluate the pros and cons of each method and choose the approach that fits you best! 🚀

🔗 Additional Resources

If you have any questions, feel free to ask in the community! Thank you! 💙🚀🍋

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