🏗️Create Position
Last updated
Last updated
Users can deposit BTC and other assets as collateral to mint the stablecoin satUSD. To create a position, follow these steps:
Visit the Position page at Satoshi Protocol Position Page.
Click on "Create Position."
Deposit BTC and mint satUSD, making sure the collateral ratio remains above 110% and that you mint a minimum of 12 satUSD.
Click "Approve" and then confirm the transaction in your wallet.
Once approved, click "Create Position."
For a step-by-step guide, refer to this video tutorial:
