Deposit Flow

Fully on-chain deposit flow with transparent, verifiable transactions.

Deposit cbBTC, receive svBTC, start earning.


Overview

Step
Action
Time

1

Connect wallet

2

Approve cbBTC

~10 seconds

3

Deposit cbBTC

~10 seconds

4

Receive svBTC

Immediate


Step-by-Step

Step 1: Connect Wallet

Connect your Web3 wallet to the Sova app on Base Mainnet.

Supported Wallets

MetaMask

Coinbase Wallet

Rainbow

WalletConnect

Network Check

Ensure you're connected to Base (Chain ID: 8453). The app will prompt you to switch if needed.


Step 2: Approve cbBTC

If this is your first deposit, approve the vault contract to spend your cbBTC.

Detail
Value

Frequency

One-time per wallet

Options

Specific amount or unlimited

Gas Cost

~$0.05


Step 3: Deposit cbBTC

Enter the amount of cbBTC you want to deposit and confirm.

Requirement
Value

Minimum

$500 USD equivalent

Maximum

No limit

Gas Cost

~$0.10


Step 4: Receive svBTC

After your deposit confirms, svBTC tokens are minted to your wallet.

Detail
Description

Calculation

svBTC = cbBTC ÷ exchange rate

Delivery

Automatic to your wallet

Status

Position active, earning yield


Transaction Summary

Transaction
Gas Cost
Frequency

Approve

~$0.05

Once per wallet

Deposit

~$0.10

Each deposit


Verification

All deposits are verifiable on-chain:

Check
Method

Transaction

svBTC Balance

Check in wallet or Sova dashboard

Exchange Rate

Displayed in vault interface


What's Next?

Your svBTC is now earning yield from cross-chain settlement fees. The exchange rate will increase over time as fees accrue to the vault.

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