[TUTORIAL] HOW TO INVEST IN PATHFINDER FUND
[OVERVIEW] HOW TO INVEST IN THE PATHFINDER P1 FUND
Have a Coinbase/Binance/FTX/Gemini crypto account
Have/Create a MetaMask Wallet (custodial wallet - browser/mobile)
Transfer Ethereum (ETH) and (if you want) USDC to your MetaMask wallet
Connect your MetaMask Wallet to the Pathfinder P1 Fund
Click on DEPOSIT and then ensure that you have some additional ETH to pay for the ETH-network gas fees.
1. GET COINBASE/BINANCE ACCOUNT
2. CREATE/FUND A METAMASK WALLET
MetaMask is one of the most popular browser extensions that serve as a way of storing your Ethereum and other ERC-20 Tokens. The extension is free and secure, and it allows web applications to read and interact with Ethereum’s blockchain.
Step 1. Install MetaMask on your browser.
To create a new wallet you have to install the extension first. Depending on your browser, there are different marketplaces to find it. Most browsers have MetaMask on their stores, so it’s not that hard to see it, but either way, here they are Chrome, Firefox, and Opera.
In this tutorial, I will be using Google Chrome as an example but the same steps apply to different browsers as well. If, for some reason, the links above don’t work for you, just search MetaMask Extension on your favorite search engine, and you can find it there.
Click on Install MetaMask as a Google Chrome extension.
Click Add to Chrome.
Click Add Extension.
And it’s as easy as that to install the extension on your browser, now continue reading the next step to figure out how to create an account.
Step 2. Create an account.
Click on the extension icon in the upper right corner to open MetaMask.
To install the latest version and be up to date, click Try it now.
Click Continue.
You will be prompted to create a new password. Click Create.
Proceed by clicking Next and accept the Terms of Use.
Click Reveal Secret Words. There you will see a 12 words seed phrase. This is really important and usually not a good idea to store digitally, so take your time and write it down.
Verify your secret phrase by selecting the previously generated phrase in order. Click Confirm.
And that’s it now you have created your MetaMask account successfully. A new Ethereum wallet address has just been created for you. It’s waiting for you to deposit funds, and if you want to learn how to do that, look at the next step below.
Step 3. Depositing funds.
Click on View Account.
You can now see your public address and share it with other people (or send yourself crypto from your Coinbase/Binance/Gemini/etc. accounts. There are some methods to buy coins offered by MetaMask, but you can do it differently as well, you just need your address.
Sending coins is also very intuitive; there’s a big send button, and the rest are easily understandable. But in case something wrong happens and you need to restore your account, you have this option. First, you have to back it up, and let’s look at how we can do that.
How to backup and restore your wallet using the seed phrase?
Suppose you change browser or computer and want to connect your wallet again, here’s how to do it. First, you have to find your seed phrase, which you should have stored, to begin with.
Click on the account icon.
Click Settings.
Find Reveal Seed Words and click it.
Enter your password.
Now save the Secret Seed Phrase somewhere, preferably not digitally. The backup is done now all you have to do is to learn the restoring process.
Open Metamask and click Import using the account seed phrase.
Enter your Seed Phrase.
Create a new strong password.
Click Restore.
How to Invest in Pathfinder P1 Fund?
Navigate to the Pathfinder P1 Fund on Enzyme Finance.
Connect your Metamask wallet to the Pathfinder P1 Fund on the Enzyme app.
Click on the
Connect Wallet
button in the top right corner and choose your connection provider.Once you're connected, make sure you've got some ETH to pay for gas (you can invest with either USDC or ETH)
Click the
DEPOSIT
button in the top right corner of the Vault's page. That will launch a modal that looks like this:
Connect your MetaMask Wallet to the Pathfinder P1 Fund
Once you're connected, make sure you've got some ETH to pay for gas (you can invest with either USDC or ETH)
Click on DEPOSIT and then ensure that you have some additional ETH to pay for the ETH-network gas fees.
P1 Fund has a vault denomination asset of USDC. A Vault by definition has a
Denomination Asset
. This is the asset against which all benchmarks are measured for the Vault's fees, and it's the asset with which you'll need to invest.Choose the amount of the asset you'd like to invest and click
Continue
. Your connection provider will pop up asking for permission for app.enzyme.finance to spend your tokens.Click
Confirm
and the next modal will pop up.
Clicking
Submit
will bring up your connection provider again and you'll be prompted to confirm the contract interaction.Once you've done that, and the transaction is successfully mined, you are officially a token-holder. The app will take a moment to reflect on the changes.
Investment in an Enzyme Vault only occurs through this two-step process (connect wallet via MetaMask).