How to mint DoC
Learn about the process of issuing tokens from our DOC stablecoin.
Last updated
Learn about the process of issuing tokens from our DOC stablecoin.
Last updated
Here we show you the way to mint DoC tokens using the Money On Chain platform
Go to https://dapp.moneyonchain.com and connect with the wallet of your preference (Metamask, Nifty, or Liquality).
The wallet will prompt you a message to sign, in order to login to the platform with it. Please sign it, to access the home page of the dApp.
Once on the Home page, you can either click the arrow button at the right of DoC card or click DoC Token in the left menu.
On the DoC section, you have all the information needed to perform the desired transaction.
Click rBTC on the left box to MINT DoC (if you want to REDEEM select DoC in the left box).
Enter the amount of rBTC and the system will fill the amount of DoC to be minted.
You can see below the equivalent of the transaction in dollars and the fee.
You can pay the fee either with rBTC (0.15%) or with MoC tokens (0.1%) getting a 33% discount.
Changing the token in which you pay the fee needs an approval transaction and uses gas.
Click Mint button.
Confirm the tx in the wallet.
Note that you can change NETWORK SPEED / FEE to slow or fast (it is set to average by default). If you're not in a hurry, you'll pay a lower rate by switching to slow.
Copy the Transaction ID before closing the window.
Remember to copy the Transaction ID to have the possibility to verify.
In the new version of the dapp hosted with the IPFS protocol, for technical reasons, the pending state no longer exists.
Congratulations! You have just minted your first DoC.
