Creating a Vault Guide
User guide for opening a Vault to mint the aUSD stablecoin.
2) Select your collateral type and click
3) Enter the amount you’d like to deposit as collateral as well as the amount of aUSD you’d like to mint. Click
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.
Confirmand sign the transaction.