Stablecoin Issuer Flow of Funds
Mint Process
The mint process can be described as follows.
Deposit ETH Collateral.
Increase the hedging positions size of the protocol.
Mint USDO.
Redeem Process
The redeem process can be described as follows.
Deposit USDO.
Decrease the hedging positions size of the protocol.
Burn USDO.
Overall Process
The overall process can be represented in the following way.
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