Getting Prepared To Buy $MEAD
Giving you everything you need to know to be buy $MEAD so you can go ahead and stake, buy BREWERYs or renovate them!
Last updated
Giving you everything you need to know to be buy $MEAD so you can go ahead and stake, buy BREWERYs or renovate them!
Last updated
For people that are already familiar with interacting across different chains, this section will serve as a quick-start guide for you to jump straight into the action!
Buy AVAX on an exchange (such as Binance or Kucoin)
Withdraw it to your AVAX C-Chain address
Buy USDC (not USDC.e) on TraderJoe
Buy $MEAD on TraderJoe
DONE!!!
Your wallet address will look something like this: 0x123123123123123123123123123123123123123123
Firstly, you will want to buy Avalanche (AVAX). This can be done on an exchange (we recommend Binance).
Purchase however much AVAX you desire, plus a little bit extra to pay for network fees, based on how much you are looking to invest.
The next step is to withdraw this purchased AVAX into a wallet such as Metamask.
IMPORTANT: It is vital you withdraw this AVAX via the AVAX C-Chain.
To learn how to setup a Metamask wallet to access the AVAX C-Chain, please follow this link - https://docs.tavern.money/guides/connecting-metamask-to-the-avax-network
After you have set up a Metamask wallet, click withdraw on your exchange, select AVAX, paste your Metamask account address and select the network as the AVAX C-Chain.
After that is setup, click withdraw on your exchange, select AVAX, paste your Metamask account address and select the network as the AVAX C-Chain.
Then enter the amount you want to withdraw and then confirm the transaction.
Moving onto the penultimate step now, you have to convert your new bought AVAX into USDC.
USDC is a stablecoin, meaning that your value is safe and won't go anywhere.
NOTE: USDC is not the same as USDC.e. USDC is the native token, where as USDC.e is not official and bridged from Ethereum!
To make the swap, we recommend using Trader Joe - https://traderjoexyz.com/trade#/
Once here you must select AVAX in the top field and then USDC (NOT USDC.e) in the bottom field.
When this is done, you will be able to confirm the transaction. You will get a pop up from Metamask which you also must confirm.
Finally, if you then click on 'ADD USDC TO WALLET' underneath the swap box, you will be able to see your tokens in your Metamask add-on
The final step requires you staying on TraderJoe - https://traderjoexyz.com/trade#/ - However this time you need to set USDC (NOT USDC.e) in the top field and then $MEAD <ADDRESS> in the bottom field.
When this is done, you will be able to confirm the transaction. You will get a pop up from Metamask which you also must confirm.
Finally, if you then click on 'ADD $MEAD TO WALLET' underneath the swap box, you will be able to see your tokens in your Metamask add-on
Are you going to buy yourself a new BREWERY? Or perhaps renovate an old one? Earn some more $MEAD from staking liquidity tokens?
The choice is yours!!!
You can track your $MEAD tokens with this address:
-0xD21CdCA47Fa45A0A51eec030E27AF390ab3aa489
