These guidelines are intended to provide a step-by-step procedure for the minting of USD++.
The USD++ smart-pool currently includes as underlying assets a weighted allocation of the following USD stable-coins on the Ethereum network (exact weightings can be found live here, after connecting Metamask):
- ~47.22% USDC
- ~28.58% TUSD
- ~20.42% DAI
- ~3.78% sUSD
In order to proceed with the minting process it will currently be required to hold the correct proportion of each of the above mentioned assets in a single Ethereum wallet, that will be eventually used to interact with the PieDAO USD++ contract for minting.
Spoiler Alert: In the near future we’ll be releasing a single entry functionality, allowing to mint USD++ starting from a single asset held on wallet.
Getting the underlying assets
All of the underlying assets can be conveniently swapped on curve.fi starting from any of the major Ethereum-based stablecoin. Simply select the origin asset as “From” and the destination asset as “To” and hit “Sell”, then confirm on Metamask.
Minting USD++
As soon as all required amounts of USDC, TUSD, DAI, sUSD will be sitting in your unique ETH address, the USD++ minting can take place by heading to usd.piedao.org/#/liquidity, connecting your Metamask and adding the required liquidity to the USD++ pool!
Just make sure the same ETH address also holds enough ETH to pay for the minting tx gas.
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