Mint

How to mint csUSDL using primary and secondary market strategies.

Primary Market Minting:

Follow the steps below to understand how lenders holding stablecoins or blue-chip assets can mint csUSDL effectively.

Case Study 1: Lender Starting with USDC on Coinshift UI

  1. Swap USDC to USDL via Curve.

  2. Deposit USDL into the Coinshift USDL vault to earn additional borrowing APY.

  3. Mint csUSDL and hold it to accrue yield over time.

Case Study 2: Lender Starting with Blue-Chip Assets (wstETH or WBTC)

  1. Supply wstETH or WBTC as collateral and borrow USDL.

  2. Deposit USDL into the Coinshift USDL vault to earn additional borrowing APY.

  3. Mint csUSDL and hold it to accumulate yield.

Secondary Market Liquidity

Access to csUSDL is made flexible through integrations with secondary liquidity markets on Curve and Uniswap, allowing users to:

  • Swap USDC directly for csUSDL.

  • Benefit from increased liquidity and potential yield farming rewards.

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