How to participate in the GME
This is a simple step by step guide for those wanting to take part in Contribute’s GME (Genesis Mint Event).
If you just found out about this project and you have no clue what Contribute is, we recommend you go read this blog post.
In order to participate in the GME you will need a Metamask wallet and mUSD. Contribute is integrated with mStable, which uses mUSD as their stable coin. Learn more about mStable here.
Now let’s get down to business!
After you have installed your Metamask, bought some ETH (so you can make transactions on the Ethereum blockchain) you now need to acquire mUSD.
There are currently two ways you can get mUSD. One is directly on mStable’s website and the other is through Balancer. You can also acquire from Uniswap but the slippage is too high because there is no liquidity there.
mUSD acquisition through mStable
You can mint mUSD on the mStable platform by depositing either USDC, USDT, TUSD or DAI into their smart contracts.
Just go to https://app.mstable.org/mint
Enter the amount of USDC, USDT, TUSD or DAI you want to exchange to mUSD.
Click the mint button and confirm the transaction with Metamask.
That’s it. You now have mUSD that you can contribute.
mUSD acquisition through Balancer
Go to https://balancer.exchange/#/swap and select mUSD as the token you wish to buy.
Enter the amount you want to exchange and click the Swap button.
Confirm the transaction in Metamask.
That’s it! You now have mUSD. Now head over to Contribute and become part of the next DeFi revolution!
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