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DagMint
DeFiMakerDAOMint DUSD — BlockDAG's first stablecoin.
Deposit collateral, mint DUSD against it up to 150% CR. 2% APR stability fee. 13% liquidation penalty below 130% CR. WBDAG live as collateral; more assets can be added.
Contracts
How to use
1
Approve WBDAG on DagMint, deposit(collateral, amount).
2
Call mint(collateral, dusdAmount) — up to 2/3 of the collateral's USD value.
3
Repay with repay(collateral, amount). Pass MaxUint256 to close the vault fully.
4
Withdraw collateral after repaying: withdraw(collateral, amount).
Cost
2% APR stability fee on outstanding DUSD. 13% liquidation penalty below 130% CR.