How to mint Tabs

Step 1 - Connect Your Wallet

1. Go to QWERTY App

2. Click "Connect Wallet" and link your Metamask wallet.

Step 2 – Choose the Tab Currency

1. Select from the Popular Tab Currencies or scroll down to see all available currencies, grouped by continents.

2. Once you've decided, click "Create Vault."

Step 3 – Deposit Reserves and Mint Tabs

1. Enter the amount of reserves you want to deposit and the amount of Tabs you wish to mint.

2. The simulator will show the reserve ratio of your vault based on your inputs. Ensure you maintain a buffer above the Minimum Reserve Ratio (MRR) to avoid risk penalties.

3. The simulator will also display the liquidation price of your vault. If Bitcoin's price falls below this, your reserves will be liquidated in an automated auction. Pay attention to this price.

4. Once satisfied with your configuration, click "Create Vault."

1. In the confirmation pop-up, verify the vault details and then click "Create Vault" to confirm.

2. You will be submitting 2 transactions on-chain. The first transaction is to approve the Protocol smart contract to spend your reserve token. And the second transaction is to call the Protocol smart contract to carry out required operations.

Step 4 – Complete

1. Congratulations! Your vault is successfully created, and you have minted Tabs.

2. Click "Go to Vault" to view your new vault and get an overview of its key parameters.