Velo-Protocol
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Mint stable credit

Parameters

Name
Description
Required?
Validation
assetCodeToBeIssued
The asset code of price-stable credit that you want to mint.
Yes
    Already been setup
    Correct format (1-7 alphanumeric characters)
collateralAmount
The amount of collateral that you which to exchange into the stable credit.
Yes
    Must be a positive number greater than 0 and has less than or equal to 7 decimal places
CLI
1
$ gvel credit mint-by-collateral
2
Please input asset code of credit to be minted: vTHB
3
Please input amount of collateral: 100
4
πŸ”‘ Please input passphrase: ****
5
πŸ’– Minting stable credit
6
100 vTHB minted successfully. The stable credit is in GF...
7
πŸ”— txHash is ${txHash}
Copied!

What's next?

You now have stable credit. Play around with it! When you are ready, you can redeem the collateral back.
Last modified 1yr ago
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