The step-by-step process to mint QNT on the Quintes platform.
Minting QNT is your entry point into the Quintes Protocol, where you create the synthetic token by locking approved collateral assets. This process allows you to gain exposure to QNT’s growth while maintaining ownership of your collateral.
When you mint QNT, you’re effectively creating new synthetic tokens backed by overcollateralized assets (e.g., wBTC, ETH, or USDC).
The minting process is designed for safety, stability, and transparency.
Steps in brief:
Deposit collateral into your vault.
Mint QNT up to a safe collateral ratio.
Maintain a healthy Health Factor (HF) to avoid liquidation.
Click the “Mint QNT” tab on the menu bar.
Click the “Connect Wallet” button (top right corner of the Quintes app).
Select an Ethereum-compatible wallet such as MetaMask or WalletConnect.
Select which asset to lock into your vault.
Supported collateral types include:
wBTC
ETH
USDC
Next, enter the collateral amount.
Note: The amount you enter can't exceed the amount in your connected wallet.
Decide how much QNT you want to mint.
Each collateral asset has its own Collateral Factor (CF), determining how much QNT you can mint safely.
Click “Mint QNT” to initiate the transaction.
Your wallet will prompt you to confirm. Once approved, QNT tokens are minted and sent directly to your wallet.
You now hold QNT, a synthetic asset that tracks the Quintes Index, while your collateral remains securely locked in your vault.
No Interest Costs: Minting QNT doesn’t accrue interest or ongoing debt.
Capital Efficiency: Keep exposure to your collateral’s price movements while generating new synthetic value.
Composability: Use your QNT across DeFi applications, liquidity pools, or staking mechanisms.
Transparent Collateralization: All vaults and collateral ratios are verifiable on-chain.
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