Advanced
πŸ’² CoUSD
πŸͺ™ Minting CoUSD

πŸͺ™ Minting CoUSD

Step-by-Step Guide

  1. Connect Your Wallet: Link your Bitcoin-compatible wallet (e.g., Xverse, UniSat, or Ledger...) to the Coffer app: https://app.coffer.network/ (opens in a new tab).

  2. Deposit Bitcoin: Transfer BTC into a secure 2-of-3 multi-signature vault (self-custodied way) or preferred custodian service provider (custodian way).

  3. Select Vault Type: Choose between a No-Liquidation Vault (fixed term) or a Liquidatable Vault (flexible, real-time collateralized).

  4. Set Minting Amount: Based on your BTC collateral and desired LTV, choose how much CoUSD to mint.

  5. Confirm & Mint: Review terms and confirm, then CoUSD is minted directly into the wallet.

  6. Check Balance: Check the CoUSD balance on the coffer dashboard.

Minting Fees

  • A one-time minting fee is applied when CoUSD is issued.
  • No ongoing interest accrues β€” ever.
  • Repay when you're ready, reclaim your BTC.