How to mint fTokens?
fTokens are liquid, yield-bearing vault shares.
Last updated
fTokens are liquid, yield-bearing vault shares.
Last updated
IMPORTANT: Do not send funds directly to the vault or strategy addresses. The funds that are directly send to these addresses are not withdraw-able, hence the sent funds will be lost.
Using the UI, here is how the mint flow works:
User goes to app.fractality.xyz
User navigates to "Supply" or directly can go to app.fractality.xyz/supply
User defines the amount of asset that will be supplied to mint fToken
User clicks "Supply" call to action
User follows wallet prompts & signs required transactions
Related Data Points on the Supply Page
Application Navigation Level
Dashboard: The dashboard provides a view of protocol position's and key metrics.
Docs: Protocol's offical documentation
TVL: Total assets under management since the last snapshot. Snapshots are taken on a daily basis
Current APY: 7 days rolling averaged APY based on protocols daily profit & loss
Assets Card Navigation Level
Withdraw: Users can convert their fTokens to the respective collateral asset with a 24 hours cooldown period.
Stats: User's current & retrospectives statistics are shown under this tab. Furthermore, user can find protocol's dailt profit & loss metric under this tab.
Supply Card
Vault Capacity:
Supplied Amount: Number of collateral asset that is supplied to the vault
Available Amount: Maximum number of collateral asset that can be accepted to the vault
Receive: Amount of shares that is expected to be received per amount supplied & exchange rate
Expected Annual Return: Expected annual profit per current APR & deposit amount