D3 Protocol User Guides: Minting DEFI
Minting is effectively buying discounted, vested DEFI. There are a variety of mints available at any time, please check the D3 Protocol app for currently available mints and discounts. You do not incur any taxes when minting. This also includes no CCF buy and sell taxes when minting. The vesting period for all mints is 5-days after which you can claim and stake your DEFI. Go to the D3 Protocol website at www.d3protocol.io and follow these instructions:
- Click on the enter app button and connect your wallet (MetaMask and WalletConnect are the wallets that are supported), and follow the instructions to connect your wallet.
- Check the mints on the left-hand menu and select the mint that you wish to use (discounts are displayed next to the mints). Remember that mint pricing and discounts is dynamic against DEFI market price
- On the screen that comes up, check and select the mint you want and press the mint button (a new window will open for you to complete the process)
- Click the gear icon adjust slippage (the amount that price can move for or against you during the trade), and change receiving address if you wish (default is your connected wallet address)
- Enter how much DEFI you wish to mint. Your balance, what you will get, the maximum and minimum you can buy, the ROI, and the vesting term (5 days) are displayed here too
- Then click approve and sign the transaction in your wallet to approve the DEFI token. Once confirmed you press the same button again to mint and confirm the transaction
- Once the vesting period has completed you will be able to claim and auto-stake your DEFI and start generating auto-compounded staking rewards and BUSD dividends
There will always be a limit on mints available at any given time versus circulating supply to control inflation. These limits are dynamic and calculated by the protocol, in order to manage inflation. Remember, whatever token you use to mint, you will not be able to reclaim this token. It will be sent to the treasury to back the price of the DEFI token.
About 4dot
4dot offers a full suite of DeFi 3.0 products; currently comprised of D3 Protocol ($DEFI), and Cross Chain Farming ($CCF). Our mission is to offer simple, affordable and secure access to DeFi for all. Full service DeFi made easy; buy, hold, earn.
D3 Protocol:
A DeFi 3.0 Staking-as-a-Service (STaaS) protocol. Earn from an auto-investing and auto-compounding treasury.
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Cross Chain Farming:
A DeFi 3.0 Farming-as-a-Service (FaaS) protocol. Earn via a protocol managed yield farming treasury.
