Minting Synthetic Assets
This guide shows you how to interact with UMA protocol and mint synthetic asset using PerlinX.
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This guide shows you how to interact with UMA protocol and mint synthetic asset using PerlinX.
Last updated
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Click on 'Mint' on the navigation bar.
Select the synthetic asset you want to mint, and click on 'Mint'.
You’ll be led to the pxAsset’s manage page. Select ‘Mint assets’.
Click on 'Approve PERL' to allow the protocol to use your PERL and mint the synthetic asset.
Confirm the approval.
The system will automatically choose the lowest collateralization ratio allowed, which is the Raw GCR.
Confirm the transaction.
You can see in 'Your Position' panel that you have minted the 300pxUSD_Jan2021 successfully and it is in your wallet now.
You can now provide liquidity to the pool to earn rewards!