Operating Set Protocol Manually (2024)

Use MyEtherWallet or Etherscan to manually mint and redeem Sets.

Anthony Sassano

Published in

Set Labs

Main Smart Contracts

RebalancingSetIssuanceModule — This smart contract facilitates minting and redeeming of Sets
TransferProxy — This smart contract facilitates transferring ERC-20 tokens for all transactions. Users who wish to utilize their tokens must authorize the TransferProxy contract to move their tokens.
WETH Contract — This contract is used to wrap, unwrap, approve, and transfer WETH
WBTC Contract — The Wrapped Bitcoin ERC-20 smart contract
DAI Contract — The Dai ERC-20 smart contract
USDC Contract — The USDC ERC-20 smart contract
LINK Contract — The LINK ERC-20 smart contract

Set Smart Contracts (Robo Sets)

ETH20SMACO | 0x9ea463Ec4cE9E9E5bc9cFd0187C4Ac3a70DD951D
ETH50SMACO | 0xa360F2aF3F957906468c0FD7526391AeD08aE3DB
ETH12EMACO | 0x2c5a9980B41861D91D30d0E0271d1c093452DcA5
ETH26EMACO | 0x614857c755739354d68ae0abd53849cf45d6a41d
BTCETH5050 | 0xc06aEc5191bE16b94FfC97B6Fc01393527367365
BTCETH7525 | 0xA35Fc5019C4dc509394Bd4d74591a0bF8852c195
ETHBTC7525 | 0xA6c040045d962e4B8eFa00954c7d23CCd0a2b8AD
ETHMACOAPY | 0xeF0fDA1d4bd73DDC2f93A4e46E2E5aDBC2D668f4
ETHEMAAPY | 0x316b13B951Efe25AAd1Cb565385B23869A7D4c48
ETHBTCRSI | 0xbf70A33A13fBe8D0106Df321Da0Cf654d2E9Ab50
ETHRSI6040 | 0x93E01899c10532d76C0E864537a1D26433dBbDdB
ETHRSIAPY | 0x136faE4333EA36A24bb751E2d505D6ca4Fd9f00b
ETHBTCEMACO | 0xB9FfE0b8Ee2d1Af94202FFED366520300748A4d8
iETH50SMACO | 0xAC1565e473F69FAdA09661A6B4103FBbF801CeEE
iETH20SMACO | 0x5cD487CE4dB7091292F2E914F7B31445Bd4A5E1b
LINKETHRSI | 0x8933ea1Ce67B946BdF2436cE860fFBb53Ce814d2
LINKRSICO | 0x0329d23fC7B1b1e6Cca57aFA3F0090F1189069e8

Set Smart Contracts (Social Trader Sets)

LINKPT | 0x78E29d35573beA6265aEDfCb9F45481B717EBFdE
ETHDAIS | 0xa12a696B9B11788076A6cb384CAc6986b82545E1
FART | 0xffEE21B4Bb7084a9416205544101Ae9f472c7159
COINBTC | 0xBddD682E63dd9f9fA3b97aEa88772E77cf3e5013
100W | 0xC7D79021CD127A2f35b1E26fe3c4aAD67f5c28b8
LELOAP | 0x8a63bE90F095F6777be3Ed25D9fC7CD2a63DDb30
EBLOAP | 0x253444bd9ECf11E5516d6D00974e91c9F0857CCB
BLOAP | 0xe6404a4472E5222b440F8faFb795553046000841
ELOAP | 0xC19216eea17b2f4DD677f1024CdA59C7D142F189
INTRATIO | 0xBA8Ea15b647F54D9ff849670FcaAcF35Df21A457
BBB | 0x58723C7Afcd33A2Db6Ae06C37521725D65F0cC15
BBE | 0xF43B2f981eFC5a611a97951Ce4fd7d3Bd87f4902
BTCUSDCRSI | 0xe0a84699a583d467001fcfE1d52930cF6f3b0BFa
BYTE | 0xAC8Ea871e2d5F4Be618905F36f73c760f8cFDC8E
BRRR | 0x8abf3a95862619A55fA00CB3e4eeDBe113ff468C
ETHPA | 0x09E4BDFb273245063eF5E800D891eFF7d04f9B83
ETHMOONX2 | 0x2Bf417FdA6E73B8Ea605DF0F33aD029F8d4b795A
MFCK | 0x3E6941521c85C7233632BF76e3ADB05dB8e2F1db
FLEXBTC | 0xCAE169AFDE69f297c7817ed5F4A6816C0E38137D
SGW | 0x33319fAe07128119166476a4bcDd96E5c9401cA4
FLEXETH | 0x654424F4b3ed6DE828C9CA30484dc1A626bb5fBA
ETHMOONX | 0xB1CA7E6714263a64659A3a89E1C313af30fD660A
BTCUSDCTA | 0xd218D75BA0fC45858a4E9EF57A257Ed9977dB5f4
ETHUSDCTA | 0x1Ce9200C98b6D9999B60bFf53860475A993a8b68
MFBT | 0x9709bb5CE25FCd6f9786d3E4cCf422717367473C
GREED2 | 0x15822A64c8Cb27D7828C45E0aAFC3e6C5DeCd172
INTBTC | 0xB32c960c46f28059C2B5F1C3eCC2b9DD77aB0aA0
INTETH | 0x89C0b027bD7cc2D17854B06F8322e29451192CE3
LINKETHPA | 0x542156d51D10Db5acCB99f9Db7e7C91B74E80a2c
ETAS | 0x856c4388C56c2a613c60507a4701af627157Fed6
ETA | 0x1003eC54F51565fF86Ac611184Ea23d6310CaE71
ETH10K | 0xAbC754aC2161B557D28062F41DcC0fc18440ac7E

Set Smart Contracts (Legacy Sets)

ETHMOONX | 0x73104e9d3Da91e410A6c211068f7BFfabBbD3e26
ETHUSDADL4 | 0xB8243B4eeca27A4191e879760b88fE2270561796
INTETH | 0x7b8d9e95cAa85d7905c3435dA1bA9FA7f79bf4fA
BBB | 0x78E14B9A8D006eC7E23988a0A87263569c3F4839
BTCMOON | 0x09aE0c4c34A09875660E681FE1890F3b35175151
INTBTC | 0xd235e29B1dd177cd74F2955d081204A6cd04515e
GREED | 0x5958107be1Ecc8D0D1593b3d7cC75F5E48304682
BTCMOONX | 0x90f49083ff588ec5a5459F4D2A64B8D409C03122
EVOL | 0xaC6560DF686F3ac7039B0DD6867C874c99D9dA06
TLS | 0xdc5BBCF8189a69337f693A9f3F63Ae37789eDe92
FLEXETH | 0x8D66DF717FAF06c07b5D3E53FFD3eA66D612e150
ICHIEMA | 0xe86811516F9E46F6F2a8a19754c893deD414D682
FLEXBTC | 0xCf50bc1442A50D1756b34119fE1E26325Aa648e3
FLEXETHBTC | 0xdBf5c7D8ac5007667617a15DB2c1B1D616c9D302
RIC (TON) | 0xb272422B7d07B94859AD61E4435c6d5087f308de
LONG | 0x28C6A58C2A5d8c5F6681e07bfa0AdA4bea14C9EE
BTCUSDCRSI | 0xe33A35fD5cad21cE72ebbC8a2885Bdd0983De043
BBE | 0x8C7C047051F37746BB1DCD16ae37851a3891635C
ETHUSDCTA | 0xD9c6d58eC4b6045067190042999351889fd27Eb7
BTCUSDCTA | 0x80AF3F06AefB9F436981cb12b9Da35c5dA023Efd
ETHSS | 0xDD7ae9466C9CaAD4bF632F796EAF4287F9616A7a
ETA | 0xaAa4eB35D08Dbb9b1B8760cb9fFE77b9023D7511
ETHMINVOL | 0xF1E5F03086e1c0Ce55E54cd8146BC9c28435346F
ETHLOVOL | 0x585C2cF94c41b528ec7329CBc3cdE3C4f8d268dB
ETHHIVOL | 0x8Ddc86DbA7ad728012eFc460b8A168Aba60B403B
BTCHIVOL | 0x6123A0CBC95Cb157995A0795187A60995B85e0A9
BTCMINVOL | 0x81c55017F7Ce6E72451cEd49FF7bAB1e3DF64d0C
BTCLOVOL | 0x20649d97b1393105cf92a5083fd2afF7C99eBe56

This guide will walk you through how to use Etherscan to interact with Set Protocol.

Approving Tokens for Use with Set Protocol

In order to mint a Set manually, we first need to approve your tokens for use with the system:

Head to the Etherscan contract page for the asset that you’d like to supply (links found in the Resources section above)
For simplicity, we’ll only be approving WETH and USDC in this tutorial as the same steps can be repeated for each other asset. Important note: approving USDC through Etherscan is not functional at this time — please follow the guide below on how to approve USDC using MyEtherWallet.
To start the WETH approval process, head to https://etherscan.io/address/0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2#writeContract
Ensure that you have a greater than zero balance of WETH tokens in your wallet
At the top of this box you will see a Write Contract Connect to Web3 field — click Connect to Web3 and approve the MetaMask prompt if it appears, then click OK on the pop-up window. Once connected, the dot next to Write Contract will turn green
In the approve window pane, enter the TransferProxy contract address ( 0x882d80D3a191859d64477eb78Cca46599307ec1C) in the Guy (address) field
In the Wad (uint256) field, enter the number of WETH tokens that you’d like to approve and multiply it by 10**18. The second number represents the decimal places of the ERC-20 token that you’re transferring. In this case, WETH has 18 decimal places.

Use this formula: ((number of WETH tokens to transfer) * (10**18)).Example: If you want to transfer 10 WETH tokens, use the formula ((10) * (10**18)).If you want to approve a different token, simply check the Etherscan page of the token and look for the Decimals field.To simply approve all of your WETH tokens, input a value of -1.

Click the Write button and you will be prompted by MetaMask to approve the transaction.
Once the transaction is complete, your tokens can now be used within Set Protocol.

For this section, we’ll be using the RebalancingSetIssuanceModule smart contract to manually mint an ETH20SMACO Set. It’s important to make sure that you have enough WETH in order to mint the amount of Sets you input in the _rebalancingSetQuantity (uint256) field, and that it’s within the amount of WETH that you approved for transfer.

Head to https://etherscan.io/address/0xceda8318522d348f1d1aca48b24629b8fbf09020#writeContract
At the top of this box you will see a Write Contract Connect to Web3 field — click Connect to Web3 and approve the MetaMask prompt if it appears, then click OK on the pop-up window. Once connected, the dot next to Write Contract will turn green
In the issueRebalancingSet window pane, enter the address of the Set that you want to issue into the _rebalancingSetAddress (address) field. For this example, we’ll use the ETH20SMACO address ( 0x9ea463Ec4cE9E9E5bc9cFd0187C4Ac3a70DD951D)
In the _rebalancingSetQuantity (uint256) field, enter the amount of ETH20SMACO Set that you would like to mint followed by 18 zeros (for example, 1000000000000000000 means 1 ETH20SMACO Set). All Sets have 18 decimal places, so you can assume issuance amounts will be the amount you want to issue times 10**18.
Enter true into the _keepChangeInVault (bool) field. This is to keep the collateral Set dust (fractions of a cent) from spamming your wallet. You will always be able to withdraw the dust anytime.
Click Write
The ETH20SMACO Sets will now be minted using the collateral you supply to the contract, and transferred to the address you used to make the transaction.

For this section, we’ll be using the RebalancingSetIssuanceModule smart contract to manually sell an ETH20SMACO Set. Redeeming a Set is the process of reclaiming a Set’s underlying components tokens back into your wallet.

Head to https://etherscan.io/address/0xceda8318522d348f1d1aca48b24629b8fbf09020#writeContract
At the top of this box you will see a Write Contract Connect to Web3 field — click Connect to Web3 and approve the MetaMask prompt (if it appears) then click OK on the pop-up window. Once connected, the dot next to Write Contract will turn green
In the redeemRebalancingSet window pane, enter the address of the Set that you want to redeem into the _rebalancingSetAddress (address) field. For this example, we’ll use the ETH20SMACO address ( 0x9ea463Ec4cE9E9E5bc9cFd0187C4Ac3a70DD951D)
In the _rebalancingSetQuantity (uint256) field, enter the amount of ETH20SMACO Set that you would like to mint followed by 18 zeros (for example, 1000000000000000000 means 1 ETH20SMACO Set). All Sets have 18 decimal places, so you can assume issuance amounts will be the amount you want to issue times 10**18.
Enter true into the _keepChangeInVault (bool) field. This is to keep the collateral Set dust (fractions of a cent) from spamming your wallet. You will always be able to withdraw the dust anytime.
Click Write
Your ETH20SMACO Sets will be unwrapped and the underlying assets will now be transferred to the address you used to make the transaction.

This guide will walk you through how to use MyEtherWallet to interact with Set Protocol.

Approving WETH for Use with Set Protocol

In order to mint a Set manually, we first need to approve your tokens for use with the system. For simplicity, we’ll only be approving WETH and USDC in this tutorial as the same steps can be repeated for each other asset.

Head to https://www.myetherwallet.com/interface/interact-with-contract (make sure that you’re logged in with your Ethereum account)
Ensure that you have a greater than zero balance of WETH tokens in your wallet
Copy and paste the WETH contract address ( 0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2) into the Contract Address field and then copy and paste the WETH contract ABI into the ABI/JSON Interface field. The contract ABI is located here.

Click Continue
In this interface, select the approve menu item from the drop-down menu and enter the TransferProxy contract address ( 0x882d80D3a191859d64477eb78Cca46599307ec1C) in the Guy (address) field
In the Wad (uint256) field, enter the number of WETH tokens that you’d like to approve and multiply it by 10**18. The second number represents the decimal places of the ERC-20 token that you’re transferring. In this case, WETH has 18 decimal places. To approve all of your WETH, input a value of -1.

Use this formula: ((number of WETH tokens to transfer) * (10**18)).Example: If you want to transfer 10 WETH tokens, use the formula ((10) * (10**18)).If you want to approve a different token, simply check the Etherscan page of the token and look for the Decimals field.

Enter 0 into the Value in ETH field
Click the Write button and you will be prompted by MetaMask to approve the transaction
Once approved, your tokens can now be used within Set Protocol

Approving USDC for Use with Set Protocol

Head to https://www.myetherwallet.com/interface/interact-with-contract (make sure that you’re logged in with your Ethereum account)
Ensure that you have a greater than zero balance of USDC tokens in your wallet
Copy and paste the USDC contract address ( 0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48) into the Contract Address field and then copy and paste the ERC20 contract ABI into the ABI/JSON Interface field. The contract ABI is located here.

Click Continue
In this interface, select the approve menu item from the drop-down menu and enter the TransferProxy contract address ( 0x882d80D3a191859d64477eb78Cca46599307ec1C) in the _spender (address) field
In the _value (uint256) field, enter the number of USDC tokens that you’d like to approve and multiply it by 10**6. The second number represents the decimal places of the ERC-20 token that you’re transferring. In this case, USDC has 6 decimal places. To approve all of your USDC, input a value of -1.

Use this formula: ((number of USDC tokens to transfer) * (10**6)).Example: If you want to transfer 100 USDC tokens, use the formula ((100) * (10**6)).If you want to approve a different token, simply check the Etherscan page of the token and look for the Decimals field.

Enter 0 into the Value in ETH field
Click the Write button and you will be prompted by MetaMask to approve the transaction
Once approved, your tokens can now be used within Set Protocol

For this section, we’ll be using the RebalancingSetIssuanceModule smart contract to manually mint an ETH20SMACO Set. It’s important to make sure that you have enough WETH in order to mint the amount of Sets you input in the _rebalancingSetQuantity, and that it’s within the amount of WETH that you approved for transfer.

Head to https://www.myetherwallet.com/interface/interact-with-contract (make sure that you’re logged in with your Ethereum account)
Copy and paste the RebalancingSetIssuanceModule smart contract address ( 0xcEDA8318522D348f1d1aca48B24629b8FbF09020) into the Contract Address field and copy the Contract ABI (found here) into the ABI/JASON Interface field

Click Continue
From the drop-down menu, choose the issueRebalancingSet option
In the _rebalancingSetAddress (address) field, enter the of the Set that you want to issue (found in the table above). For this example, we’ll use the ETH20SMACO address (0x9ea463Ec4cE9E9E5bc9cFd0187C4Ac3a70DD951D)
In the _rebalancingSetQuantity (uint256) field, enter the amount of ETH20SMACO Set that you would like to mint followed by 18 zeros (for example, 1000000000000000000 means 1 ETH20SMACO Set). All Sets have 18 decimal places, so you can assume issuance amounts will be the amount you want to issue times 10**18.
Change the _keepChangeInVault (bool) field to true. This is to keep the collateral Set dust (fractions of a cent) from spamming your wallet. You will always be able to withdraw the dust anytime.
Leave the Value in ETH field set to 0
Click Write
The ETH20SMACO Sets will now be minted using the collateral you supply to the contract, and transferred to the address you used to make the transaction.

Head to https://www.myetherwallet.com/interface/interact-with-contract (make sure that you’re logged in with your Ethereum account)
Copy and paste the RebalancingSetIssuanceModule smart contract address ( 0xcEDA8318522D348f1d1aca48B24629b8FbF09020) into the Contract Address field and copy the Contract ABI (found here) into the ABI/JASON Interface field

Click Continue
From the drop-down menu, choose the redeemRebalancingSet option
In the _rebalancingSetAddress (address) field, enter the Set address you’d like to redeem. For this example, we’ll use the ETH20SMACO address (0x9ea463Ec4cE9E9E5bc9cFd0187C4Ac3a70DD951D)
In the _rebalancingSetQuantity (uint256) field, enter the amount of ETH20SMACO Set that you would like to sell followed by 18 zeros (for example, 1000000000000000000 means 1 ETH20SMACO Set). All Sets have 18 decimal places, so you can assume redemption amounts will be the amount you want to redeem times 10**18.
Change the _keepChangeInVault (bool) field to true. This is to keep the collateral Set dust (fractions of a cent) from spamming your wallet. You will always be able to withdraw the dust anytime.
Leave the Value in ETH field set to 0
Click Write
Your ETH20SMACO Sets will be unwrapped and the underlying assets will now be transferred to the address you used to make the transaction.

If you ever have any trouble using Set, you can always send us a message using the bottom right chat icon on https://www.tokensets.com/ or by joining our telegram chat.

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