Minting and Redeeming

2-step Minting / Redeeming mechanism

A 2 step/2 transaction mechanism is required...this provides a level of flash loan protection to the protocol. Minting is accomplished with deposit of BUSD and a portion of $CYBER tokens. Advanced minting will allow users to use either USDC or USDT to mint as well.

Fee

There is a 1% fee for minting and 1% fee for redeeming, transferred to the Staking and Locking Distribution.