Minting Workflow

General Mint

Process Overview

The general USDO minting process is as follows:

1. Revalidate all mint requests to ensure they are valid (perform KYT and double-check the whitelist off-chain).

2. Collateralize its reserves with tokenized RWA assets.

3. Mint the equivalent amount of USDO and send it to the client.

Instant Mint

The Instant Minting Feature allows authorized clients to mint USDO tokens in a single, atomic transaction using either USDC or TBILL tokens as collateral. All Investors will have to be granted instantMint access on-chain after clearing KYC/KYT checks with OpenEden’s(“OED”) onboarding team. This feature is designed for efficiency and security, ensuring a seamless experience for clients who meet OpenEden’s compliance requirements.

Accepted Collaterals

• USDC (1:1 minting ratio)

• TBILL tokens (minting based on the TBILL exchange rate at the time of request)

Process Overview

1. An authorized user initiates the instant mint function, selecting either USDC or TBILL as collateral.

2. The smart contract calculates the equivalent amount of USDO to be minted:

   • USDC: Minted at a 1:1 ratio.

   • TBILL: Minted based on the prevailing TBILL exchange rate.

3. The liquidity manager instantly mints and transfers the USDO tokens to the authorized client’s wallet.