Wrapping Tokens on Untrading: From ERC-20 to ERC-5173

Step 1: Log into Untrading

Go to the Untrading Website:

Open Untrading’s website and log in to your account.

Ensure your crypto wallet (such as MetaMask) is connected to the platform to handle ERC-20 token transactions.

Step 2: Access the Token Wrapping Feature

1. Navigate to the Wrapping Section

Click on Apps

Go to the unCryptos App and log in with your wallet.

2. Click on Wallet

3. Click on MetaMask

4. Click on Sign message in wallet

5. Click on Sign message in wallet

6. Click on your Profile avatar

A drop-down menu appears.

7. Click on Wrap Crypto

Select Wrap Crypto to begin the process of wrapping your WBTC.

8. Select WBTC as the Token to Wrap

Original token

9. Click on WBTC(Wrapped Bitcoin)

Choose WBTC (Wrapped Bitcoin) as the token you wish to wrap on the Untrading platform.

10. Click on 25%

Input the amount of WBTC you want to wrap into unBTC.

11. Click on Select token

Select the payment token to create a token pair, unBTC/USDC.

12. Click on (USDC)

Creating a unBTC/USDC pair.

Step 3: Wrap WBTC to Create unBTC by Setting Your Unique un-token Parameters

1. Set the Profit Expectancy (PE)

Choose from one of the 12 categories.

Every owner of this token is expected to sell it when their profit reaches this preset profit level.

It is recommended to split your WBTC into several separate amounts each with a separate PE setting, ranging from Small (5-10%) to Medium (12-18%) to Large (20-30%) and Jumbo PE (40%) and above.

2. Click on 1 - Hummingbird (+5%)…

3. Set the Total Reward Ratio (R)

Type in the total percent of the realized profit each seller will share with the Flow.

16. Set the Originator Reward Ratio (OR)

Type in the OR between 5-12%.

17. Set the Number of Generations

Type in the maximum number of layers eligible for profit distribution.

Step 4: Approve the Transaction in Your Wallet

1. Click on Wrap

2. Approve WBTC Transfer

When you initiate the wrapping, a transaction request will pop up in your wallet (e.g., MetaMask) to approve Untrading to access your WBTC.

Review the transaction details and confirm the approval.

3. Initiate Wrapping

After the approval, return to Untrading and select Wrap to convert your WBTC into unBTC.

A second transaction request will appear in your wallet, asking you to confirm the wrapping of WBTC.

Confirm this transaction to complete the wrapping process.

4. Wait for Confirmation

The wrapping process will take a few moments. Once confirmed, you will receive unBTC in your Untrading account. This is now your wrapped asset on the platform.

Step 5: List unBTC for Sale

1. Click on Sell

2. Click on Max

The size of the unBTC you want to sell

3. Set Your Desired Price

Enter the price at which you want to sell your unBTC.

You may set a specific price or list it according to current market conditions.

4. Click on List for sale

Confirm that all listing details are correct, including the asset (unBTC) and the price.

Submit the listing to place unBTC for sale on Untrading’s marketplace.

Step 6: Confirm Sale in Wallet

1. Confirm Listing in Your Wallet

A final transaction request may appear in your wallet to confirm the listing.

Approve this to officially list your unBTC for sale on Untrading.

2. Click on View

3. 42.85 unBTC/USDC wrapped and listed for sale

With a Limit Price set at the current marker price (68,200).