Step 1: Mint USDO

Steps to Mint USDO

1. Access the Minting Interface

   • Navigate to the "USDO" section of the platform.

2. Enter Amount

   • Input the amount of USDT you wish to convert to USDO.

   • Use the "Max" button to mint the maximum available amount.

3. Review Rate and Fees

   • Check the exchange rate: 1 USDT = 1 USDO.

   • Confirm the fee: 0% (free minting).

4. Confirm Minting

   • Click the "Mint" button to initiate the transaction.

   • Approve the transaction in your wallet if prompted.

5. Completion

   • Once confirmed, your USDO balance will be updated, and the equivalent USDT will be deducted.

Upon completion of the minting process, USDT is transferred to the protocol's collateral treasury, serving as collateral to back the issuance of USDO.