Mint csUSDL

How to mint csUSDL using primary and secondary market strategies.

Primary Market Minting:

Follow the steps below to understand how suppliers holding stablecoins or blue-chip assets can mint csUSDL effectively.

Case Study 1: Supplier Starting with USDC on Coinshift UI

1. Swap USDC to USDL via CoW Protocol.

2. Wrap USDL to wUSDL.

3. Deposit wUSDL into the Coinshift USDL vault to earn additional borrowing APY.

4. Mint csUSDL and hold it to accrue yield over time.

Case Study 2: Supplier Starting with Blue-Chip Assets (wstETH or cbBTC)

1. Supply wstETH or cbBTC as collateral to Coinshift USDL Markets to borrow wUSDL.

2. Deposit wUSDL into the Coinshift USDL vault to earn additional borrowing APY.

3. Mint csUSDL and hold it to accrue yield.

Secondary Market Liquidity

Access to csUSDL is made flexible through integrations with secondary liquidity market on Balancer B-csUSDC-csUSDL Pool, allowing users to:

• Swap USDC directly for csUSDL.

• Benefit from increased liquidity and potential yield farming rewards.