Tutorial for PC
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Last updated
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1.Click the link to download Google Chrome (Chrome):
https://www.google.com/intl/en_uk/chrome/
2.Click the link to install the MetaMask plug-in:
https://chrome.google.com/webstore/detail/metamask/nkbihfbeogaeaoehlefnkodbefgpgknn
3. Create a new wallet or import an existing wallet according to the prompt on the page, and back up the private key and mnemonic phrase.
1.Click the network drop-down button at the top
2.Click "Custom RPC"
3. Type in the network information below and save it
Network term: HSC MAINNET (HSC main network)
Added RPC URL: https://http-mainnet.hoosmartchain.com
Chain ID: 70
Symbol (optional): HOO
Block browser URL (optional): https://hscscan.com
4. Click the button on top and switch to HSC network
ROO has supported mainstream tokens on HSC, such as WHOO, BTC, ETH, DOT, FIL, LTC, EOS, USDC, BCH, USDT, etc. Users can freely choose the corresponding assets to deposit to their wallets.
1.After withdrawing to the wallet, Add new token information: click the “Add Token” button, fill in the token information needed.
2.Deposit tokens to your wallet.
The smart contract addresses of some token on HSC
Token
Address
ROO
0x01a2cb0cA7A03F1aC7Fc2FCe78552Ba248c2ad46
WHOO
0x3EFF9D389D13D6352bfB498BCF616EF9b1BEaC87
BTC
0xAad9654a4df6973A92C1fd3e95281F0B37960CCd
ETH
0xA1588dC914e236bB5AE4208Ce3081246f7A00193
DOT
0xA71e7ae7A5B154f1ED12476a4C54c5Ec6e3426AC
FIL
0x0bf85D3B0C9ebCC282FDe0591882d12E57E700B3
LTC
0x13e93721DC992b3E14333dBdb48C0e7Ec55431c3
EOS
0x2D83F0551a65466Aa4872cf25693F4c3e834f602
USDC
0x92a0bD4584c147D1B0e8F9185dB0BDa10B05Ed7e
BCH
0x6705b383dEF2D9f3f93bc00C5FDe402613d2D695
USDT
0xD16bAbe52980554520F6Da505dF4d1b124c815a7
Precautions
Do not use up the HOO in your wallet in any one transaction, because all transactions require HOO as a gas fee.
1. Log in to the ROO official website at https://roolend.finance
2. Click "Connect to Wallet" in the upper right corner
3. Follow the prompts to complete the operation. After logging in, you can see the wallet address in the upper right corner of the page.
1.Select the asset you want to deposit and click "deposit and withdraw" button.
When using this currency for the first time, you need to approve first, just click "Approve".
2.Enter the amount you want to deposit and click "Deposit" to complete the deposit.
1.Collateral
Since DeFi's lending adopts an over-collateralized lending method, users must first mortgage their assets before borrowing them. In the column where you have deposited assets, click "Collateral" to allow the asset to be used as collateral.
2. Borrow
1) Select the asset you need to borrow, and click "Borrow".
2) Enter the amount you want and click "Borrow" to complete.
Please pay attention to the loanable assets, loan utilization rate, and health factors displayed on the page.
The loanable asset represents the maximum amount of the asset you can borrow.
Loan Utilization Ratio Loan: Utilization Ratio=actual loan/ loan limit*100. Users are requested to pay close attention to the loan utilization ratio. If the utilization ratio is close to 100%, it will trigger liquidation. The utilization ratio within 80% is relatively safe .
Health factor: Health factor=(1-utilization ratio) * 100%. When the health factor is close to 0, it will face the risk of liquidation.
You can get ROO by depositing or lending assets. Click "ROO" in the upper right corner to view the mining revenue.
To withdraw ROO for the first time, you need to add ROO tokens to the wallet, click "Click to add ROO tokens to the wallet" and follow the prompts to add. Then click “Claim ROO” to finish.