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:

Network
Waiting Time
Token
Contract Address

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:

Network
Waiting Time
Fee Components
Payment Currency

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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