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Tutorial for Minting Synthetic Asset
Derivatives trading platform based on #BSC, allowing everyone to gain on-chain exposure to a vast range of assets.
Step 1: Click on the “Mint” tab
Step 2: Select the asset you want to mint
Step 3: Choose the amount of KALA you want to collateralize
Step 4: Set your collateral ratio
To avoid the collateral going into liquidation auction, the minter needs to maintain a minimum minting collateralization ratio of 150%.
Step 5: Click on “mint” to complete process
Redemption and Liquidation Auction will incur a protocol fee of 1.5% of the collateral value.