Karura Apps
  • Welcome
  • 📚Getting Started
    • Wallet Setup
      • Talisman
      • Polkadot.js
      • SubWallet
    • Address Binding
    • Bringing Tokens to Karura
    • General FAQ
    • Transfer Guide
      • Parachain Transfer Guide
      • Karura Wormhole Bridge
      • Wormhole Bridge
      • Swim Swap Guide
    • Flexible Fee Guide
  • 🪙Mint aUSD
    • Mint aUSD FAQ
    • Creating a Vault Guide
    • Managing a Vault Guide
    • Closing a Vault Guide
  • 🔀Karura Swap
    • Karura Swap FAQ
  • 🌊Liquid Staking
    • FAQ
    • Liquid Staking Guide
  • 🥩Stake
    • KAR Staking
    • LKSM Farming
    • Earn FAQ
    • Bootstrapping
    • Adding Liquidity Guide
      • Taiga Stable Pairs
    • Withdrawing Liquidity Guide
      • Taiga Stable Pairs
  • 📈Trading Dashboard
  • ⚖️Stablecoin 3 Pool
  • ⚠️Common App Errors
  • 🐦Protocol Wiki
Powered by GitBook
On this page
  • Video:
  • 🚨Opening a Vault comes with certain risks. Learn more here🚨

Was this helpful?

  1. Mint aUSD

Creating a Vault Guide

User guide for opening a Vault to mint the aUSD stablecoin.

PreviousMint aUSD FAQNextManaging a Vault Guide

Last updated 2 years ago

Was this helpful?

Video:

🚨Opening a Vault comes with certain risks. Learn more 🚨

2) Select your collateral type and click Next.

3) Enter the amount you’d like to deposit as collateral as well as the amount of aUSD you’d like to mint. Click Next.

4) Review the information on the screen and make sure you are comfortable with the terms.

🚨 Note the Current Price and Liquidation Price: If the Current Price falls to or below the Liquidation Price, your Vault will be liquidated and subject to the Liquidation Fee. Your collateral will be sold for aUSD until the aUSD balance and Liquidation Fee are paid.

🚨 Note the Stability Fee: The Stability Fee is a variable rate that is subject to change. You are encouraged to stay up-to-date with the latest Stability Fee rates.

Click Confirm and sign the transaction.

1) Connect to and select Mint aUSD. Click Create a Vault.

🪙
apps.karura.network
here