How to Mint synU

What is synU? synU is a TRC-20 token based on the Tron blockchain. A synthetic stablecoin in par with the price of USDT. In other words, synU will maintain 1:1 (SYNU:USDT) ratio in price (for every synU minted/burned, the agreement will add/reduce a USDT as a reserve, there will not be any pre-sale). The synU synthetic stablecoin on the DBS protocol is created by collateralized single or multiple cryptocurrencies. Participants can use USDT stable coin to mint synU for other assets trading or burn synU through the DBS platform in return for the corresponding amount of USDT. The DBS agreement fee is 0.3%.

1) First, download and open TronLink wallet, select “Browser” at the bottom. Then, enter dbs.syncscale.io in the search bar above, and click “Enter” to switch to Syncscale DBS.

2) The page then jumps to the main page of Syncscale DBS system, select the "Mint” section, enter the amount to be minted in the synU column, and the system will identify the required amount of USDT (*Make sure your USDT has sufficient balance for payment). Then, the payment address defaults to the wallet address you connected to (*If you need to store it in other wallets, you can paste the corresponding wallet address in the "Recipient Address"). After you finish, click "Approve".

3) Select “Safe Mode” as your authorization mode and click “Continue”. After that, a confirmation will prompt out, click "Confirm", then enter the wallet password, and click "Confirm" again.

4) After confirming the approval, "Approval Successful" will be displayed at the bottom of the DBS system page. At last, click the "Mint" button at the bottom.

5) After clicking "Mint", a confirmation will prompt out, click "Confirm", then enter the wallet password, and click "Confirm" button.

6) After confirming the execution, the synU you minted will be successfully deposited. Please check your Syncscale wallet to confirm the deposit. ✅