Minting
Last updated
Last updated
SY is a token standard that implements a standardized API for wrapped yield-bearing tokens within smart contracts. All yield-bearing and points-bearing tokens can be wrapped into SY, giving them a common interface that can be built upon. PT and YT are minted from SY. SY opens up Splicesβs yield-tokenization mechanism to all yield and point-bearing tokens in DeFi, creating a permissionless ecosystem.
Step 1: Select the Swap Tab
Step 2: Select the underlying asset you would like to swap out of
Step 3: Select the SY asset that you would like to mint
Step 4: Ensure the correct amount is approved and select the Swap button to initialize the transaction
Step 1: Go to Portfolio Page
Step 2: Select the Manage button of your desired asset
Step 3: Select the Mint Tab
Step 4: Enter the amount you would like swap from
Step 5: Approve the amount, and then select the Mint button to initialize the transaction