Mint price-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)

collateralAssetCode

The asset code of the collateral that will be used.

Yes

  • Must be VELO

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
CLI
$ gvel credit mint
Please input asset code of credit to be minted: vTHB
Please input asset code of collateral: VELO
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 price-stable credit. Play around with it! When you are ready, you can redeem the collateral back.