🏗️Create Position

Users can deposit BTC and other assets as collateral to mint the stablecoin satUSD. To create a position, follow these steps:

  1. Visit the Position page at Satoshi Protocol Position Page.

  2. Click on "Create Position."

  3. Deposit BTC and mint satUSD, making sure the collateral ratio remains above 110% and that you mint a minimum of 18 satUSD.

  4. Click "Approve" and then confirm the transaction in your wallet.

  5. Once approved, click "Create Position."

For a step-by-step guide, refer to this video tutorial:

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