Mint

stJLP is minted by depositing USDe. The amount of stJLP received is determined by the stJLP/USDe exchange rate, which is updated every 8 hours, minus any applicable minting fees.

At the current stage of protocol implementation:

  • USDe can be used to mint stJLP through the Strata UI.

  • Minting fees are currently waived.

  • sJLP can also be acquired on secondary markets.

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