Karura Apps
  • Welcome
  • ๐Ÿ“šGetting 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
  • ๐Ÿช™Mint aUSD
    • Mint aUSD FAQ
    • Creating a Vault Guide
    • Managing a Vault Guide
    • Closing a Vault Guide
  • ๐Ÿ”€Karura Swap
    • Karura Swap FAQ
  • ๐ŸŒŠLiquid Staking
    • FAQ
    • Liquid Staking Guide
  • ๐ŸฅฉStake
    • KAR Staking
    • LKSM Farming
    • Earn FAQ
    • Bootstrapping
    • Adding Liquidity Guide
      • Taiga Stable Pairs
    • Withdrawing Liquidity Guide
      • Taiga Stable Pairs
  • ๐Ÿ“ˆTrading Dashboard
  • โš–๏ธStablecoin 3 Pool
  • โš ๏ธCommon App Errors
  • ๐ŸฆProtocol Wiki
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  • ๐ŸšจOpening a Vault comes with certain risks. Learn more here๐Ÿšจ

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  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

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Video:

๐ŸšจOpening a Vault comes with certain risks. Learn more here๐Ÿšจ

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

2) Select your collateral type and click Next.

3) Enter the amount youโ€™d like to deposit as collateral as well as the amount of aUSD youโ€™d like to mint. Click Next.

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

๐Ÿšจ 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.

๐Ÿšจ 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.

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