ReserveBTC

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Quick Start Guide

Get started with ReserveBTC in just a few minutes. This guide will walk you through connecting your wallet, verifying your Bitcoin, and minting your first synthetic tokens.

Before You Start

✅ An EVM-compatible wallet (MetaMask, WalletConnect, etc.)

✅ A Bitcoin wallet with some BTC balance

✅ Small amount of ETH on MegaETH for gas fees

✅ Ability to sign messages with your Bitcoin wallet

1

Connect Your EVM Wallet

Start by connecting your Ethereum-compatible wallet to the ReserveBTC application.

Steps:

  1. Visit app.reservebtc.io
  2. Click "Connect Wallet" in the top right
  3. Choose your wallet (MetaMask, WalletConnect, etc.)
  4. Approve the connection in your wallet
  5. Add MegaETH Testnet if prompted

MegaETH Network Details

Network Name: MegaETH Testnet

RPC URL: https://carrot.megaeth.com/rpc

Chain ID: 6342

Currency: ETH

Block Explorer: https://megaexplorer.xyz

2

Verify Your Bitcoin Address

Prove ownership of your Bitcoin address using BIP-322 signature verification.

Steps:

  1. Navigate to the "Verification" section
  2. Enter your Bitcoin address
  3. Click "Generate Verification Message"
  4. Sign the message with your Bitcoin wallet
  5. Paste the signature back into the form
  6. Click "Verify Ownership"

✅ Supported Wallets

  • • Bitcoin Core
  • • Electrum
  • • Sparrow Wallet
  • • BlueWallet
  • • Any BIP-322 compatible wallet

📍 Address Types

  • • Legacy (P2PKH)
  • • SegWit (P2SH-P2WPKH)
  • • Native SegWit (P2WPKH)
  • • Taproot (P2TR)
3

Mint Your Synthetic Tokens

Once verified, you can mint synthetic tokens backed by your Bitcoin holdings.

Steps:

  1. Go to the "Mint" section
  2. Choose your token type (rBTC-SYNTH or wrBTC)
  3. Review your Bitcoin balance
  4. Click "Mint Tokens"
  5. Confirm the transaction in your wallet
  6. Wait for confirmation (~30 seconds)

rBTC-SYNTH (Soulbound)

  • ✓ Perfect 1:1 Bitcoin backing
  • ✓ Automatic balance synchronization
  • ✓ Non-transferable (soulbound)
  • ✓ Lower gas costs
  • ✓ Best for personal DeFi use

wrBTC (Transferable)

  • ✓ Standard ERC-20 token
  • ✓ Fully transferable
  • ✓ DeFi protocol compatible
  • ✓ Trading and lending enabled
  • ✓ Best for advanced DeFi strategies

Success! You're Ready to Go

Congratulations! You've successfully minted your first ReserveBTC synthetic tokens. Your tokens will automatically stay synchronized with your Bitcoin balance.

✅ View Tokens

Check your wallet to see your new tokens

✅ Auto-Sync

Tokens update automatically every 5 minutes

✅ DeFi Ready

Use in MegaETH DeFi protocols