Mint
Users can mint cgUSD by using assets from multiple chains, with cgUSD existing solely on the Base chain. For more detailed information about cgUSD, please refer to:
Supported assets for minting cgUSD are as follows:
Base
Zero
USDC
0xCa72827a3D211CfD8F6b00Ac98824872b72CAb49
Ethereum
20 mins
USDC/USDT
Pending
Arbitrum
30 mins
USDC/USDT
Pending
Optimism
30 mins
USDT
Pending
Currently, Cygnus Finance utilizes Axelar Network for cross-chain communication, allowing users to mint cgUSD with stablecoins from chains other than the Base chain. The minting fee for users is 0%, meaning the amount of stablecoins used for minting cgUSD is equivalent to the cgUSD received. For detailed information about fees, please refer to:
However, if users choose to mint cgUSD using stablecoins from chains other than the Base chain, they will need to pay Axelar Network a certain fee in the native token of the source chain. Details of the minting fees are as follows:
Ethereum
20 mins
Cross-Chain Fees
USDC/USDT
Arbitrum
30 mins
Cross-Chain Fees
USDC/USDT
Optimism
30 mins
Cross-Chain Fees
USDC
Users can also send a small amount of ETH to the Base chain for gas while conducting cross-chain minting.
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