Velo-Protocol
Searchβ¦
Welcome to Velo-Protocol
π
GETTING STARTED
Prerequisite
Architecture
π
BASE CONCEPTS
DRS Mechanism
Setup stable credit
Mint stable credit
Redeem stable credit
Rebalancing the Reserve and Collateral Pool
π
USING CLI
Using CLI
Setup table credit
Mint stable credit
Redeeming stable credit
Rebalancing the Reserve and Collateral Pool
π
USING SDK
Using SDK
Setup stable credit
Mint stable credit
Redeeming stable credit
Rebalancing the Reserve and Collateral Pool
Powered By
GitBook
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
π Please input passphrase: ****
5
π Minting stable credit
6
100 vTHB minted successfully. The stable credit is in GF...
7
π 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.
USING CLI - Previous
Setup table credit
Next - USING CLI
Redeeming stable credit
Last modified
1yr ago
Copy link
Contents
Parameters
What's next?