Minting & Redeeming

Phase 1 - LIVE

Phase 2 - In progress

  • Mint NUSD: deposit BTC to Bamk.fi and receive the equivalent amount in NUSD

  • Redeem NUSD: deposit NUSD to Bamk.fi and receive the equivalent amount in BTC

    • Coming soon

Phase 2 minting and redemptions will also introduce variable incentives depending on whether the funding rate is positive or negative. See Negative Funding Rate Mitigation.

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