Baki White Paper
  • Introduction
  • Mint | Deposit
  • Swap
  • Burn | Repay
  • Withdraw
  • Rewards
  • Liquidation
  • Debt
  • Pegging
  • Contract Addresses
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Mint | Deposit

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Last updated 2 months ago

To mint zTokens, the user must deposit USDC as collateral.

The user can then select how much zUSD they wish to mint. The user can input any value of zUSD capped by a minimum collateralization ratio of 150.00%.

Depositing Collateral

If a user wants to deposit collateral without minting any zUSD they can simply leave the mint input box at 0.0 this qualifies a user to receive a share of the fees. Similarly, if they would like to mint zUSD without depositing any collateral they can leave the deposit input box at 0.0, provided that the user has sufficient headroom in their collateralization ratio to mint additional zUSD