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Liquidity Provision on RuneShot

Here we outline how to add liquidity to OG Runes on RuneShot.

This guide outlines liquidity provision for $DOG on NEAR via RuneShot + Rhea Finance. Other OG Runes may follow these instructions also.

Getting Started with Liquidity Provision

Before you can add LP on Rhea, youโ€™ll need two tokens:

  • nBTC (native BTC on NEAR)

  • $DOG (bridged to NEAR)

Letโ€™s walk through exactly how to get them:

๐ŸŸ† Step 1: Set Up a NEAR Wallet

We recommend Meteor Wallet or Satos Wallet for the smoothest experience. They are intuitive and works seamlessly with Rhea. For Meteor set up:

  1. Click โ€œCreate Walletโ€

  2. Choose a NEAR readable account address

  3. Set a strong password

  4. Safely store your seed phrase


๐ŸŸ† Step 2: Acquire nBTC on NEAR

There are two methods to get nBTC:

๐Ÿžท Option A: Buy on Rhea (Using NEAR)

  1. Buy NEAR on any centralized exchange

  2. Send NEAR to your Meteor wallet address

  3. Swap NEAR for nBTC (leaving a very small amount for gas)

๐Ÿžท Option B: Bridge from Bitcoin to NEAR

  1. Visit dex.rhea.finance

  2. Connect your Bitcoin Wallet either xverse, unisat, bitget, okx etc

  3. Click on the Satoshi logo on the right bottom of the page to open the Satos Wallet.

  4. Click on bridge

  1. Input amount that you want to bridge over and wait for 2 bitcoin block confirmation (20 minutes max)

About nBTC: NEAR native BTC minted through Satoshi Protocol that rely-on on chain lock, fully decentralize and non custody, every signature rely on NEARโ€™s MPC Set validator.


๐ŸŸ† Step 3: Get $DOG on NEAR

Again, two options depending on what chain you currently hold $DOG on:

๐Ÿžท Option A: Bridge from Solana (Fastest & Cheapest)

  1. Go to: app.runemine.com/bridge

  2. Click Connect your Solana wallet (Phantom wallet recommended)

  3. Copy your NEAR wallet address from Meteor

  4. Click โ€œEditโ€ and paste your NEAR address

  5. Enter the amount of $DOG to bridge

  6. Click Send and sign the Solana transaction

๐Ÿžท Option B: Bridge from Bitcoin L1

  1. Visit: app.runemine.com/bridge

  2. Select Bitcoin as the source chain

  3. Follow the same steps as aboveโ€”connect your Bitcoin wallet and paste your NEAR wallet address after clicking edit.

  4. Wait for the 3 BTC confirmations to complete and receive your NEAR $DOG


๐ŸŸ† Step 4: Provide Liquidity on Rhea

Now that youโ€™ve got your $DOG and $nBTC on NEAR, itโ€™s time to make them work.

  1. Head over to the Rhea Pools Page

  2. Click โ€œEarnโ€ in the navigation bar

  3. Search for $DOG.

  4. Hit โ€œAdd Liquidityโ€ in the top right

  5. Connect your Meteor or Satos Wallet in the popup window

  6. Input the amount of $DOG you want to deposit - Rhea will auto-fill the required nBTC amount

  7. Click โ€œAdd Liquidityโ€ and approve the transaction

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