Task Description

• Guideline to Task 1: Token Transfer Transfer the desired tokens from another wallet to Binance Web3 Wallet.

• Guideline to Task 2: Using LayerBank Supply and borrow using LayerBank on the zkLink Nova chain.

Guideline to Task 1: Token Transfer

1. Select the Web3 tab from the Binance menu.

2. Tap Receive to select the token you want to use (zkLink Nova).

3. Copy your token address.

4. Send your tokens to that address using Metamask or any other wallet. (zkLink Nova)

5. Enter the amount you want to send to your Binance Web3 Wallet.

2. Guideline to Task 2: Using LayerBank

1. Return to Binance Web3 Wallet and search for LayerBank in the Discover tab.

2. Tap the menu and go to the zkLink Nova chain.

3. Connect your Binance Web3 Wallet.

4. Click on the market for your token, supply it, and enable its use as collateral to take out a loan.

5. Once the supply process is complete, proceed to borrow (it's recommended to maintain an LTV below 80% for optimal safety).

6. Done!

About LayerBank

LayerBank is a lending protocol designed to serve as the liquidity hub for all EVM rollups, offering a universal, permissionless banking solution across the OmniChain ecosystem.