Currently PONY Index constituents are Beefy vaults native to Polygon, Fantom and Avalanche. Therefore, the user has to move Polassets to these chains to deposit into the respective yield farming vaults.
For simplicity (least amount of transactions) this guide assumes the user starts with USDC on Ethereum Mainnet. Where possible this guide will then suggest to deposit USDC into vaults or pools. At times, it may not be the most capital efficient strategy depending on pool balances and slippage (e.g. as of writing USDC.e is low in balance in Curve’s MAI pool and hence there is a bonus for depositing it).
Of the total dollar amount to be minted, bridge from Ethereum (current weights are available on scalara.xyz):
Keep in mind that there are bridging fees, USDC price volatility, rounding, vault deposit fees, slippage and pool imbalances. Therefore these calculations may be slightly off (i.e. leave some dust when eventually minting PONY).
Make sure that you have a small amount of the native tokens needed for gas on the respective chains.
FTM on Fantom (e.g. buy on Uniswap on Mainnet and bridge to Fantom, 10 FTM should be more than enough for all Fantom related transactions)
MATIC on Polygon (0.1 MATIC are airdropped when using the official Polygon bridge that should cover all Polygon related transactions)
AVAX on Avalanche (0.1 AVAX is airdropped when bridging more than $75 on the official Avalanche bridge that should cover all Avalanche related transactions)
At the end of this step, if you had started with USDC 10,000 on Ethereum Mainnet, you should have USDC 910 on Fantom, USDC 4,290 on Polygon and USDC 4,800 on Avalanche as well as some gas tokens.