How to withdraw $ASTR tokens from Binance and use ArthSwap & Starlay

Published date: March 1 2022
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We are pleased to announce that Binance supports the withdrawal of the $ASTR token now.

Especially for those who joined our crowdloan via Binance, we created a quick guide on how to withdraw $ASTR tokens from Binance and use ArthSwap & Starlay.

Index

Withdraw $ASTR tokens from Binance to Polkadot.js
Transfer $ASTR tokens from Polkadot.js to Metamask
Go to Starlay , deposit your ASTR, and then borrow some tokens
Go to ArthSwap and farm.

Withdraw $ASTR tokens from Binance to Polkadot.js

2. Click “withdraw”

3. fill in the withdrawal form and click the “Withdraw” button.

You have to input Polkadot.js Native address in the address blank.

If you do not have Polkadot.js, go to this page and read the section “Recommend: Polkadot{.js} Browser Plugin”.

You can find Polkadot.js Native address as below image. You can see this when you open Polkadot.js extension.

Also, do not forget to set your account available on any chain.
If you are not sure about this, go and click the points (①) and change the setting to “Allow use on any chain”(②)

4. finish the confirmation

Once you finish all these processes, you will receive your ASTR token in your Polkadot.js after a while.

Transfer $ASTR tokens from Polkadot.js to Metamask

Now, you are so close to being ready to use ArthSwap and Starlay.

Go to Astar Portal and click the “Connect” button
choose “Polkadot.js”. (Now, you can see your balance in the “Balance” section)
Click the “transfer” button.

4. enter the MetaMask address in “Send to” and enter the amount you want to receive in your MetaMask wallet.

5. finish some confirmation

Now, you have ASTR tokens in your MetaMask.

If you have not added Astar Network to your MetaMask, go to Astar Portal, and connect your MetaMask wallet. You will find a popup that leads you to add Astar Network to your MetaMask.

Now, you are ready.

Go to Starlay, deposit your ASTR, and then borrow some tokens

Go to Starlay Finance and click the “launch app” button.
Click the “connect” button on the top right.
choose the token you want to deposit, enter the amount and click the deposit button.
If you want to farm some pairs that include $ASTR on ArthSwap, please keep ASTR tokens for it. Also, do not forget about the gas fee, and leave at least 1 $ASTR in your wallet.
borrow the tokens you want to farm on ArthSwap

That’s all. You can check this guide for more detailed information.

Complete guide — How to deposit & borrow on Starlay from scratch

Go to ArthSwap and firm

Go to ArthSwap
Click the “connect” button on the top right.
Click the “pool” button on the top
Click the “Add Liquidity” Button
choose the pair you want to provide liquidity and enter the amount.

For more information, you can check this guide.

This is all about getting $ARSW tokens for you!

That’s all for it. Thank you for coming with us!

Of course, you don’t have to go to Starlay to farm on ArthSwap but you can go to ArthSwap directly, and prepare tokens by swapping.
However, as the depositing reward is very high, there may be bigger earning opportunities by following our instructions.

About Starlay

Starlay is a non-custodial lending protocol on Astar Network. Depositors can provide liquidity to earn interest as a stable passive income, while borrowers can leverage their assets without selling them out.

Twitter | Discord | Telegram | Docs

About ArthSwap

ArthSwap is a one-stop Defi protocol aiming to become a leading DEX on Astar Network.
Its main functions are going to be swapping, staking, liquidity mining, and we will have more functions on the way!
Twitter | Discord | Telegram | Docs | Website

About Astar

Astar Network is a dApp hub on Polkadot that supports Ethereum, WebAssembly, and layer 2 solutions like ZK Rollups. Astar aims to be a multi-chain smart contract platform that will support multiple blockchains and virtual machines. Polkadot Relay Chain doesn’t support smart contracts. That’s why the ecosystem needs to have a parachain that enables this for all developers who want to build in the Polkadot ecosystem. Astar is here to provide the best solution for all developers by supporting EVM and making a parachain where EVM and WASM smart contracts can co-exist and communicate with each other.

Website | Twitter | Discord | Telegram | Github

How to withdraw $ASTR tokens from Binance and use ArthSwap & Starlay was originally published in Astar Network on Medium, where people are continuing the conversation by highlighting and responding to this story.