Koba Finance
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    • Vision
    • Who is Koba suitable for?
  • Investment Strategies
    • 💰 Investment Strategies
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    • 💬 How to use?
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  • Ancillary Services
    • 🛍️ Ancillary Services
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      • Valuing Options
      • Understanding the Greeks
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On this page
  • Setting up your wallet
  • Depositing
  • Withdrawing
  1. Investment Strategies
  2. 💬 How to use?

Devnet

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Last updated 2 years ago

Setting up your wallet

On Solana

  1. Setup your Phantom wallet *Remember to pin the Phantom app to your Chrome/Firefox browser's extensions bar!

  2. Create your account / connect an existing wallet

  3. In your Phantom wallet, go to settings ⚙️ and click on "Change Network", followed by selecting "Devnet"

  4. Go to

For more information on wallets:

Depositing

  1. Connect your wallet Ensure that your wallet's network is "Devnet"

  2. Airdrop yourself some Devnet SOL by clicking on “GET 2 DEVNET SOL” located on the top right corner of the site’s header

    Note: The “GET 2 DEVNET SOL” button will only appear after your Solana wallet has been connected

3. Choose the vault that you would like to make a deposit in

5. Click ‘Deposit’

Will I receive vault tokens after I deposit into the vault?

Yes, you will receive vault tokens upon a successful deposit (i.e. deposits are no longer pending and have been invested). Once your funds are invested into the new rolling cycle, you will be minted Koba ‘shares’ that represent your pro-rata share of ownership of the vault. These shares may change in value overtime depending on the performance of the investment vault (i.e. should the vault be profitable, the shares will be valued more as compared to when it was originally minted to you.)

Withdrawing

  1. Connect your wallet

  2. Choose the vault that you would like to withdraw from

  3. Input the amount that you would like to withdraw

  4. Click ‘Withdraw’

  5. Return to the site after the end of the settlement round to check that the withdrawal of your funds have been successfully credited back to your wallet

When do I need to initiate my withdrawal if I do not want to participate in the next cycle?

Kindly withdraw before the start of the next cycle (when new options are minted). Withdrawals submitted before the next rolling cycle will be in the withdrawal queue and will not be rolled. Once the funds are credited back to the user’s wallet, the user’s withdrawn vault shares will be burned.

4. Input your desired deposit amount (ensure to deposit only the token that the vault accepts)

https://phantom.app/download
Koba Finance's Devnet page
https://docs.solana.com/wallet-guide