Minting AP & DP
Last updated
Last updated
Only NFT Holders of the specified collection can mint AP & DP.
Minting is the first and most critical step as it creates the supply.
Click on the βMintβ button in the Top Right corner of the App
Select the NFT to deposit, but make sure you 100% want to proceed because you will not be able to redeem your NFT until the expiration of the vault.
For each NFT, you will receive:
1 AP Token: ERC-20 that can be traded in fractional units and can be sold immediately upon minting.
1 DP Token: ERC-721 that represents a holderβs claim to the underlying 721 and can only be redeemed upon the expiration of the vault.
Then click on Mint to receive the AP and DP tokens in your wallet.
Disclaimer: The object market is a highly risky and speculative market, thus assets like AP and DP contain even more risk and speculation. Please make sure you understand the product and risks associated with it before purchasing.