Getting Started
DOHM lives entirely in your own Bitcoin wallet — there are no accounts, deposits, or custody. Every action is a Bitcoin transaction you sign. Here is the path from an empty wallet to earning staking rewards.
1. Connect a wallet
Open the app and connect a supported Bitcoin wallet. Your assets (DOHM, sDOHM, bond notes, unstake tickets) are held in your UTXOs — the app only reads the chain and builds transactions for you to sign.
2. Get a reserve asset
DOHM is bought with a reserve asset — frUSD, frBTC, or another whitelisted asset (see Reserve Assets & Backing). Acquire the reserve the deploy uses before you can bond. On test networks a faucet mints it; on mainnet you bring or wrap it (e.g. wrapping BTC into frBTC).
3. Get DOHM — bond or buy
There are two ways to acquire DOHM, and they are different trades:
| Bond | Buy on the AMM | |
|---|---|---|
| Price | Protocol price (often below secondary market) | Live pool spot price |
| Delivery | Vests on a cliff — nothing until maturity | Instant |
| You receive | A bond note that matures into DOHM | DOHM immediately |
| Best when | You want a better price and can wait | You want DOHM now |
Bonding routes your reserve into the treasury as backing; buying on the AMM does not. See Bonding and Swap & Liquidity.
4. Stake
Stake DOHM to receive sDOHM shares. From then on, every rebase raises the index and each share is worth more DOHM — your share count stays the same. There is no staking fee; the only exit constraint is the unstake cooldown. See Staking & Unstaking.
5. Exit when you want
- Unstake burns shares for a fixed DOHM payout after a cooldown (two steps: request, then claim).
- Redeem a matured bond note for its DOHM.
- Or just hold or sell sDOHM / DOHM — both are ordinary transferable tokens.
Every step is a Bitcoin transaction with a miner fee, and there is a brief settling window after each broadcast before balances finalize. See Transactions on Bitcoin.