Quick Start

Everything you need to start using Blot leverage tokens.

Prerequisites

To interact with the Blot protocol, you need a Web3 wallet connected to the Ink network. Blot is deployed on Ink, a Layer 2 network powered by Kraken.

A Web3 wallet (MetaMask, Rabby, or similar)
ETH on Ink for gas fees
Collateral assets (USDC, ETH, or supported tokens)

Connecting to Blot

Navigate to blot.wtf and connect your wallet. The app will automatically detect the Ink network. If your wallet is not configured for Ink, Blot will prompt you to add it.

✓Network Configuration

Ink is an Optimism-based L2. If you need to manually add it, use the network details available on the Ink documentation site.

Minting Leverage Tokens

Blot leverage tokens represent tokenized leveraged exposure to an underlying asset. To mint a leverage token:

Select the token you want (e.g. ETH-2X, BTC-3X, ETH-1S)
Review the leverage multiplier and direction (long or short)
Deposit collateral to mint the corresponding leverage token
Your leverage token appears in your wallet and can be traded freely

Example: Minting ETH-2X

// Approve USDC spend
await usdc.approve(blotRouter, amount);

// Mint ETH-2X tokens
await blotRouter.mint(
  "ETH-2X",  // token identifier
  amount,     // collateral amount
  minOut      // minimum tokens to receive
);

Redeeming Tokens

To exit a position, redeem your leverage tokens back for the underlying collateral. Redemptions are processed at the current NAV (Net Asset Value) of the token.

ℹSettlement

Redemptions settle based on the current oracle price. There may be a short settlement window depending on network conditions.

← Overview Leverage Tokens →