Vault Management Guide
How to Create and Manage a UNIT Vault
To mint TINU, you need to deposit collateral into a vault. Vaults are available for different collateral types.
- 1.First, choose the type of collateral you would like to use to mint TINU.
- The available collaterals are ETH and some ERC20 tokens.
- 2.Choose an amount of collateral to be deposited into the vault.
- 3.Choose an amount of TINU to mint.
- 4.Track the collateralization ratio and liquidation price to avoid liquidations. A vault liquidation has a hefty penalty fee and should be avoided.
- 1.Keeping track of the collateralization ratio and preventing your collateral from going under the liquidation price is essential.
- 2.You can deposit more collateral into your vault and return some or all of the minted TINU at any time.
To decrease and close a vault, you must return the minted TINU and withdraw your collateral.
Last modified 3mo ago