OpenDelta
  • OpenDelta
  • About Index Products
  • How It Works
    • The Protocol
    • Index Tokens
    • Index Token Staking
  • Products
    • OG30
      • Methodology
      • OG30 Staking
      • Fees
    • USDYi
      • Overview
    • CULT
      • Methodology
      • Fees
  • OpenDelta Mint
    • How to Mint and Redeem
    • Mint and Redeem Periods
  • Risks
    • Custody Risk
    • Yield Activation Risk
  • Custody
    • Multi Party Computation
    • Custody Partners
    • Proof of Funds
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  1. OpenDelta Mint

How to Mint and Redeem

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Last updated 1 month ago

OpenDelta's tokens can be minted and redeemed directly through . Currently all our products are issued on the Solana blockchain.

Any registered business or individual located in an approved jurisdiction that has completed OpenDelta's KYC and AML onboarding process can mint and redeem our products.

All tokens are available through secondary markets without having to onboard through the OpenDelta platform.

In-Kind vs. Cash

One of OpenDelta's distinguishing features is its ability to support in-kind minting of index tokens. This means users can supply all the underlying assets of a basket product to mint its corresponding token. OpenDelta applies a minting fee to in-kind transactions, which also applies to in-kind redemptions. For cash-based mints and redemptions, transactions are conducted in stablecoins, with OpenDelta accepting both USDC and USDT.

If you are interested in minting one of our products, you can .

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