Velo-Protocol
Search…
⌃K

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
$ gvel credit mint-by-collateral
Please input asset code of credit to be minted: vTHB
Please input amount of collateral: 100
🔑 Please input passphrase: ****
💖 Minting stable credit
100 vTHB minted successfully. The stable credit is in GF...
🔗 txHash is ${txHash}

What's next?

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