Deposit Flow

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

Deposit cbBTC, receive svBTC, start earning.

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Overview

Step	Action	Time
1	Connect wallet	—
2	Approve cbBTC	~10 seconds
3	Deposit cbBTC	~10 seconds
4	Receive svBTC	Immediate

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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.

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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

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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

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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

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Transaction Summary

Transaction	Gas Cost	Frequency
Approve	~$0.05	Once per wallet
Deposit	~$0.10	Each deposit

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Verification

All deposits are verifiable on-chain:

Check	Method
Transaction	View on BaseScan
svBTC Balance	Check in wallet or Sova dashboard
Exchange Rate	Displayed in vault interface

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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.

• Yield Mechanics — How yield is generated

• Redemption Flow — How to withdraw