Mint
Deposit a stablecoin, choose your ratio, receive lUSD and a withdrawal receipt.
USDC
70%
0% · pure yield80% · max liquidity
Connect your wallet to mint.
You receive
0.00 lUSD
Transferable ERC-20, shared across markets.
Withdrawal receipt
ERC-721- Principal
- — USDC
- Mint ratio
- 70%
- Debt to redeem
- — lUSD
- Unlocks
- Jun 25, 01:10 PM
The receipt holder — whoever that is at redemption time — burns the recorded lUSD debt and claims the principal plus accrued vault yield after T+2.