# Mint csUSDL

### Case Study 1: Minting csUSDL with USDC

**Method 1: Direct Swap (Recommended for deposits up to $1M)**

1. Swap USDC directly to csUSDL via [CoWSwap](https://swap.cow.fi/#/1/swap/0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48/CSUSDL).

**Method 2: Minimize Slippage (Recommended for deposits over $1M)**

1. Swap USDC to USDL via the [Curve Pool](https://curve.fi/dex/ethereum/pools/factory-stable-ng-243/swap/).
2. Wrap USDL to wUSDL [here](https://wrap.liftdollar.com/).
3. Deposit wUSDL into the [Coinshift USDL vault.](https://app.morpho.org/ethereum/vault/0xbEeFc011e94f43b8B7b455eBaB290C7Ab4E216f1/coinshift-usdl)
4. You’ll receive csUSDL — yield starts accruing automatically.

### Case Study 2: Minting csUSDL with Blue-Chip Assets&#x20;

1. Supply wstETH or cbBTC as collateral to [Coinshift USDL Markets](https://app.morpho.org/vault?vault=0xbEeFc011e94f43b8B7b455eBaB290C7Ab4E216f1\&network=mainnet) to borrow wUSDL.
2. Deposit wUSDL into the [Coinshift USDL vault](https://app.morpho.org/ethereum/vault/0xbEeFc011e94f43b8B7b455eBaB290C7Ab4E216f1/coinshift-usdl).
3. You’ll receive csUSDL — yield starts accruing automatically.
