Lighthouse Defi: Public Beta

Public Beta Guide

Lighthouse Defi
4 min readJan 26, 2022

Below is a quick start guide to get acquainted with our UI and allow you, the User, a fast-onboarding process. Check our beta here!

Dashboard

You can change your gas fees just in case network fees change!

  1. Users connect their wallets (mobile or desktop) through the Terra Station or Wallet Connect chrome extensions. *see below*
Connect

2. Once connected, your wallet information will be displayed here:

Your assets (Luna/UST) and bonded assets are displayed with up-to-date price feeds for each asset. (Don’t worry, we’ll add more assets upon feedback!)

3. Your current liquidation bids will be displayed here as well as an accessible button to bring you to our liquidations page.

4. Further down, your Savings/Earn deposit will be displayed as well as your current yield generated from Anchor:

UI Dashboard

Liquidations Page:

Liquidations Entry

1. The current bid slots open at each discount/premium rate are displayed here. (We initially chose only to display the most active used bid pools but based on feedback, we can display all slots to 30%).

2. You can switch between the two current bAsset bid pools, bLuna, and bEth (shown below).

bEth Liquidations Page

3. Here is where you can deposit your UST into the Liquidations Contract with your chosen discount rate. Remember to leave some UST in your wallet to ensure your Gas fees are paid, and your transaction goes through!

4. Any time your liquidation bid is filled, the reward is displayed here! Currently, with this Beta, all liquidations will be commission-less.

Active Bids

5. Your current active bids are displayed here. (Remember your bid will have a short activation period before it becomes fully available to be used for liquidations, be patient!)

6. The current market bids are displayed here in a listed format. The premium/discount rate will be on your **left**. The current bids within each slot are displayed in the **middle**, and cumulative number of bids deposited is displayed on your **right** (think of this like market depth).

Savings:

Savings Dashboard

1. You can switch between Anchor’s Liquidations and Savings with this button.

2. Your savings yield curve is displayed here with your potential yearly and daily interest gains. Based on your deposited amount, you can see your potential yield in UST as your expected earnings.

3. Here is where you can deposit your UST as well as withdraw! (Currently, we have your withdrawals listed in aUST but based on feedback, we can adjust this to display both UST/aUST!)

Summary:

Thank you again for participating in our Beta launch. Any questions, feedback, or discussion, you can post a topic in our Beta Feedback Post in the forum.

For more detailed information about us and the overall liquidations market, please check out our Medium, and to be kept up to date on the news, stay tuned to our Twitter! Happy Hunting!

ENTER OUR BETA HERE!

Missed This Week’s Update?

Developer Update #5

Interested In Joining The Team?

Please email us at: recruitment@lighthousedefi.com

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Lighthouse Defi
Lighthouse Defi

Written by Lighthouse Defi

Our mission is to offer a straightforward and intuitive platform where users are incentivized to interact with Defi markets, no strings attached.

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