How to Mint DoC (Dollar on Chain) on Money on chain.
Art of Tomas |
11 steps |
3 minutes
1
Go to [https://moneyonchain.com/](https://moneyonchain.com/) and click "dAPP".
2
Scroll down and click in agree.
3
Choose the wallet you would like to use. For this presentation we will be using the browser extension wallet "Liquality".
No matter which one you chose the process is almost identical.
Wallet must be compatible with Rootstock.
4
Click "Confirm".
5
Once in the dAPP, click on the DoC icon in the top of the side left menu.
6
Select the amount of DoC you would like to mint, the system will automatically calculate the necessary RBTC to complete the process.
7
You can toggle this option if you want to pay the platform fees with MoC tokens, if you have enough this results in cheaper fees. If not you can still pay the fee with RBTC.
8
Once you are ready click on "Mint".
9
Check that the pop up has the right information and when ready click "Continue".
10
Then select "Confirm" in your wallet.
11
Once your transaction is successful just close the pop up message and the DoC should now we on your wallet!
Tip! That's it, you've successfully used your BTC to mint a stablecoin that uses only Bitcoin as collateral!