Creating your account
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Creating your own non-custodial portfolio account on Amasa is a simple process.
Watch the demo video above, or read below to get started.
Make sure it is on the Arbitrum One network. If you need to add the Arbitrum One network to Metamask, follow this guide:
https://www.coingecko.com/learn/add-arbitrum-to-metamask
Once you have added it, you should see Arbitrum One on the Networks tab and can proceed.
ETH is the currency used to pay gas fees on Arbitrum, and all Arbitrum transactions are powered by ETH. We recommend you hold at least 0.0001 ETH in your wallet for Amasa account setup transaction gas. If you have no ETH, please add some through Metamask by swapping other tokens to ETH or buying ETH through Metamask.
Once you have ETH in your wallet you can create an Amasa portfolio.
All users are required to confirm they are not a "Restricted Person" before creating an account on the Amasa web app. Because the Amasa app is a non-custodial DeFi application, KYC is not currently required, however that could change at any time without notice.
Read the Terms of Use and Restricted Persons information, check boxes if applicable to proceed
Sign confirmation in MetaMask popup confirming again that you are not a Restricted Person
The purpose of Auto Allocation is to enable easy and efficient distribution of tokens deposited into your account, across multiple crypto tokens, indexes or yield bearing options. The options available will evolve over time.
Pick your own mix of the options listed that appeal to you, by selecting from the available options and your desired percentage of each. This mix will be saved as your account portfolio and any tokens deposited into your account will be swapped proportionately into your selected mix.
Current options offered in Auto Allocation are:
Stabilise with USDC View detail information
Stabilise with USDT View detail information
Dollar cost average into Bitcoin through WBTC View detail information
Dollar cost average into wrapped staked Ethereum on Lido View detail information
Dollar cost average into DeFi Pulse Index Token ( DPI ) View detail information
Dollar cost average into Metaverse Index Token ( MVI ) View detail information
What is dollar cost averaging?
Each asset has been assigned a Relative Risk ranking - this is a subjective, viewpoint based, general guide only, and should not be considered financial advice or an indication of actual risk. The rankings are based on general information obtained from review of market sentiment across various sources and may be subject to change anytime. The rankings are based on subjectively assigned relative risk between available assets and in comparison to other available digital assets in the market.
For example, USDT is considered relatively lower risk than WBTC, which is considered relatively lower risk than DPI, which is considered relatively lower risk than other assets available in the market. This is why USDT has a ranking of 1 and DPI has a ranking of 3. No assets are currently available that have a higher relative risk ranking than 3.
No guarantees are made to the accuracy of the relative ranking at any time and it should not be used for any decision making basis, always do your own research and consult a professional financial advisor before making any financial decisions.
Your allocation total must be 100% to continue to the next step of making the transaction on Arbitrum One that will save your Auto Allocation settings and create your account.
To do this, click the confirmation button in the app, then take the required actions in the Metamask popup which will appear, and then wait for the transaction to confirm which will happen in Metamask first, then the app. If there are any issues with the transaction, check FAQ or Support.
You will be able to change your allocation after setup at any time, but any deposits made before the change will remain in the existing allocations. Only new / future deposits will be split across the updated allocation settings, but portfolios can be rebalanced - see Manual Deposits and Rebalancing.
Funds in your portfolio are held by you as a user in your connected Metamask wallet. Your keys, your coins at all times.
Check out your dashboard.
With your auto allocation portfolio created, you can start things off with a manual deposit of WETH.
If you don't have WETH, you can swap other tokens on Arbitrum or cross-chain into WETH to make a deposit, all within the web app.
If needed, you can swap or bridge other tokens to WETH for depositing to your account, or send WETH from another wallet to your connected wallet.
Follow the prompts in the app and Metamask popup to confirm deposit transaction.
