Classic Mint
Mint USDQ using supported stablecoins or crypto assets
Overview
Classic Mint allows users to generate USDQ by depositing supported assets — including both stablecoins (e.g., USDT, USDC) and major crypto tokens (e.g., ETH, BTC, selected altcoins). This pathway offers a straightforward, capital-efficient way to access on-chain liquidity.
Stablecoins are minted 1:1 into USDQ (subject to prevailing market rates).
Non-stablecoin assets are subject to an overcollateralization ratio (OCR), which varies depending on asset volatility and risk profile.
This minting route is ideal for users seeking a simple and immediate conversion of their crypto holdings into a stable, yield-eligible unit.
Stablecoins vs Non-Stablecoin Assets
Stablecoins
1:1
Direct conversion into USDQ
Non-Stablecoins
Subject to OCR
Overcollateralization based on risk level
OCR values are algorithmically determined and reviewed periodically to reflect real-time market dynamics. Please refer to the Overcollateralization section for more details.
Express Mint (Optional Enhancements)
To streamline user experience, Classic Mint supports two Express Mint options that allow users to auto-allocate their minted USDQ directly into yield-generating contracts:
Option 1: Mint & Stake
Automatically stakes your USDQ upon minting, returning sUSDQ — the yield-bearing version of USDQ.
Option 2: Mint, Stake & Restake
Users select a fixed staking term. USDQ is minted, auto-staked into sUSDQ, then restaked into a locked vault for enhanced rewards. At the end of the process, users receive an ERC-721 NFT representing their locked position.
These options help users skip manual steps and immediately begin earning yield. Learn more in the Staking and Restaking sections.
Minimum Requirements
To initiate a Classic Mint, users must deposit a minimum of $10,000 equivalent in eligible collateral.
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