QUSD Instructions
How to mint, farm, and redeem QUSD.
Minting QUSD
In order to mint QUSD, you'll need to head to the MINT sections on the sidebar. You should arrive at a screen that looks like the below picture.
First, approve the contracts you wish to use. The interface will update as shown below once completed.
First, you can either deposit a combination of BUSD + QUANT in the shown ratios, or you can toggle the switch below the Mint and Redeem tabs. Doing so will allow you to mint just using BUSD.
Once you've decided how you plan to fund the minting process, go ahead and enter the amounts by either typing or clicking the amounts on the right hand side.
Once you're satisfied with your selections, go ahead and press the MINT button at the bottom. Once complete, you've successfully minted your very own QUSD. Congratulations!
Redeeming QUSD
Redeeming QUSD is the process of exchanging your QUSD for the underlying assets: 88.5% BUSD and 11.5% QUANT. Once you arrive at the MINT section of the StableQuant website, click the REDEEM tab at the top. You'll arrive at a section that looks like the below screenshot.
First, you'll need to approve the contract in order for the protocol to spend your QUSD. Go ahead and click the approve button and follow the prompt in your MetaMask.
Once approved, you'll then need to input or select the amount of QUSD that you would like to redeem. You should see something like the below screen.
This shows you the outputs in BUSD and QUANT for the amount of QUSD you have selected to redeem.
Once you have completed your selections, press the REDEEM button. The site will then provide you with the stated amount of BUSD and QUANT in the "Collect Redemption" section.
The final step is to press COLLECT at the bottom to have your BUSD and QUANT sent to your wallet. Click this and approve the transaction, and your redemption process is complete.
Farming with QUSD
Once you've minted some fresh QUSD, it's time to get farming! Head over to the Liquidity section on the left hand side of the site. It should look something like below.
Once here, you'll need to select the drop down under "POOL". This will show you both the 3P-QLP liquidity and QUSD+3P liquidity. Select QUSD+3P QUANT-LP to get to the QUSD liquidity creation. It should look something like the below screenshot.
Once here, approve the contracts for the respective stablecoins that you wish to use to create the LP. For this demonstration, let's assume we want to deposit 1 QUSD.
Approve the contract, then type or select the number you wish to deposit on the right by clicking the number shown. It should then look like the below screenshot.
Once you've made your selections, go ahead and hit the DEPOSIT button at the bottom. This will create the shown amount of LP for use in the farms. Once the transaction has been approved, let's head over to the FARM section on the left hand side of the page.
At the very bottom, you'll see the QUSD3P-QLP pool. This is where we want to deposit our newly created LP.
Go ahead and click your "BALANCE" shown in green to deposit all of the LP you have, or type in a custom number and hit DEPOSIT. Now you're farming! Enjoy! Once you are ready to redeem your harvest and stop farming, you can use the same process except under the withdraw section on the right. This will harvest your yields and withdraw your LP.
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