Best for: Users familiar with Keplr or Leap wallets who want direct protocol interaction, advanced boost mechanisms, and maximum control over their DeFi positions. To participate directly from Neutron, users don’t need to deposit to vaults. Instead, users deposit directly to eligible DeFi positions on AmberFi (docs) or Supervaults.
This guide covers the evergreen process for direct Neutron participation. For current Phase 1 specific protocol eligibility and reward multipliers, see Phase 1 Details.

Why Choose Direct Participation?

Advantages

  • Immediate boost access: No cross-chain coordination needed
  • Direct control: Manage positions directly through protocol interfaces
  • No intermediary fees

Requirements

  • Neutron-compatible wallet (Keplr, Leap)
  • Basic understanding of DeFi protocols
  • Comfort with direct protocol interaction
New to Neutron? See our User Quickstart Guide for comprehensive wallet setup and onboarding instructions.

Available Protocols

Focus: Leveraged looping and basis trading strategiesWhat it offers:
  • Lending markets for BTC derivatives
  • Leveraged positions up to 10x
  • Institutional-grade risk management
Access Points:Campaign eligibility: Lending wBTC or BTC LSTs on Amber earn NTRN rewards
Focus: Automated market making with institutional performanceWhat it offers:
  • Tight spreads and minimal adverse selection
  • CEX-grade market-making performance
  • Autocompounding from trading fees
  • Institutional-grade automated market making + position management
How it works:
  • Deposit assets to automated LP strategies
  • Vaults manage positions with optimal parameters
  • Earn from trading fees + NTRN campaign rewards
  • Automated rebalancing and optimization
Access:Campaign eligibility: All BTC derivative Supervault positions earn NTRN rewards with 2x-6x multipliers depending on the pair. See NTRN Rewards Multipliers

Step-by-Step Process

1. Set up Your Wallet and Connect

1

Set up Neutron Wallet

Set up a Neutron-compatible wallet such as Keplr (recommended) or Leap
2

Navigate to Bitcoin Summer

Head to the Bitcoin Summer Dashboard, and click Connect in the top right
3

Choose Your Tab

You will see two options at the top of the page: The Neutron Positions tab is for those using the Neutron network, while the Ethereum Vaults tab is for those depositing via Ethereum. Choose a position from the Neutron Positions tab

2. Supervault Deposits

1

Select Supervault Position

The Protocol describes whether the position is an LP into a Supervault or a lending position in Amber Finance. Choose a Supervault position
2

Choose Deposit Type

Supervault deposits can be single-sided or in pairs. Input the amount you wish to deposit
3

Confirm Transaction

Confirm and sign the wallet extension pop-up. After confirmation, you’ll see your position reflected under My Position TVL
4

Withdraw (When Needed)

To withdraw, click on the Withdraw tab, select the percentage you’d like to redeem, and confirm. Withdrawals return both tokens in the vault based on the current pool balance, regardless of whether you entered single- or double-sided

3. Lend BTC Assets on Amber Finance

1

Access Amber

Navigate to app.amberfi.io or select Amber positions from the Bitcoin Summer dashboard on Neutron
2

Connect and Lend

Connect your wallet and lend assets like WBTC, uniBTC, eBTC, or solvBTC to earn lending yield plus campaign rewards

Boost Your NTRN Rewards (For Neutron Users)

You can boost your NTRN rewards during Bitcoin Summer by up to 3x by staking NTRN for up to 48 months. During your selected staking period, you’ll earn ~3% NTRN staking rewards + up to 3x boosted Bitcoin Summer NTRN rewards.
1

Access Booster Feature

To boost your rewards, click the “Unlock your booster” button on the Bitcoin Summer Vaults page
2

Select Boost Target

You can select the current connected wallet by clicking the “Boost this Neutron Wallet” button at the bottom or link another address. Once you’ve successfully linked a wallet, you’ll see a “You’re boosting” message in the modal
3

Monitor and Configure Boost

At any time, you can monitor your boosts by clicking “View boost overview” from the Bitcoin Summer dashboard. You can increase your multiplier by selecting the “Stake & Lock” option from the modal
4

Stake & Lock NTRN

You can stake any amount of NTRN for up to 48 months to boost your rewards. Larger deposits and longer stake durations will maximize the size of your multiplier, up to 3x
5

Maximize Your Multiplier

To maximize your boost multiplier, Stake & Lock a dollar value amount of NTRN equal to your deposits in the Bitcoin Summer vaults and increase the lock duration using the slider
  • If you don’t see the option to “View boost overview” on the Bitcoin Summer Dashboard, please make sure the Neutron chain is selected and that your Keplr Neutron wallet is connected
  • It can take up to 15 minutes after submitting your transaction for the multiplier to appear on the Bitcoin Summer dashboard

How To Withdraw (For Neutron Users)

1

Navigate to Your Position

To withdraw your balance from the vaults, simply navigate to the position in which you have previously made a deposit
2

Switch to Withdrawal Mode

Toggle the setting in the top right from Deposit to Withdrawal and enter the amount you’d like to withdraw from your position
3

Confirm Withdrawal

Withdrawals from the vaults must be confirmed using your Neutron wallet
Phase Timing: Bitcoin Summer Phases last two months, and you can view the amount of time remaining in a Phase on the Bitcoin Summer dashboard. Withdrawing your balance from a vault before the end of a Phase will cause you to forfeit your NTRN rewards.

Maximize Your Rewards

Rewards Guide

Learn how to multiply your rewards through NTRN staking and boost mechanisms with detailed strategies and examples.

Phase-Specific Information

Current phase details change over time. For the most up-to-date information:

Phase 1 Details

Current protocol eligibility, reward multipliers, and direct deposit incentives

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