Minting

Users stake in a dualSTAKE contract by minting dualSTAKE tokens. This requires depositing ALGO and some of the paired ASA into the dualSTAKE smart contract.

Using coopALGO as an example, a user would mint by depositing:

• ALGO at a fixed 1:1 rate
• COOP at the current exchange rate

In return, they receive an equal amount of coopALGO tokens to the ALGO they deposited.

Minting does not incur any platform fees.

E.g. If coopALGO is at 10:1 with COOP, the user would deposit 10 ALGO + 1 COOP to receive 10 coopALGO tokens.

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