Mint kUSD using any approved USD-denominated asset as collateral. Simply connect your wallet, select the asset you wish to mint with, input the amount and press “Mint”. In return you’ll receive an equivalent quantity of kUSD to deploy in further yield-bearing DeFi activities. Whilst your assets are restaked you’ll be earning Kernel Points and Karak XP in the background.
kUSD is mintable against any approved USD-pegged asset currently being restaked on Karak. Users can deposit their USD-pegged assets onto Kernel Protocol, where they will be restaked on Karak and then the user will be given an equivalent quantity of kUSD tokens, representing their Karak-restaked holdings.
