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Mint & Bridge GCD

GCD can be minted and bridged into GTON Network via GTON CLIarrow-up-right.

  1. Type help to see all available commands

  2. Type join to connect MetaMask wallet

  3. To mint & bridge GCD to GTON Network use command bridge <amount> <token> For example bridge 10 busd would mint 9 GCD (collaterization ratio - 90%, liquidation price for BUSD is around $0.95 - which is unlikely to happen. At any time you can redeem your tokens returning 9 GCD and getting back the 10 BUSD collateral). Works with BUSD and USDC collateral on BNB Chain

If you need to do the same manually:

  1. Approve spending of BUSDarrow-up-right to the Vault Proxy contract: 0xAAbBB7471bCA1C152C690f10A1A9e006FE17BD7earrow-up-right

  2. Use CDPManager01arrow-up-right contract to execute the Join method for BUSD

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