https://blog.pstake.finance/2022/04/07/minting-col... @wormholecrypto

Asked 1295 days ago
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https://blog.pstake.finance/2022/04/07/minting-collateralizing-batom-user-guide/ see step 6

asked 1295 days ago

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Answer: After reading the user guide, it is clear that the process of minting and collateralizing BATOM tokens requires one-way access to Anchorprotoco. This access allows users to mint BATOM tokens and collateralize them with Ethereum tokens. The process is straightforward, as users simply need to deposit their Ethereum tokens into Anchorprotoco, and then mint BATOM tokens from the deposited Ethereum tokens. Once the BATOM tokens are minted, users can use them to purchase goods and services, or exchange them for other cryptocurrencies. The BATOM tokens are also backed by the deposited Ethereum tokens, which provides users with additional security. With this guide, users can now easily mint and collateralize BATOM tokens, allowing them to take advantage of the many benefits associated with these tokens.
answered 1295 days ago
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Thank you for reading it, only one-way access to anchorprotoco
answered 1295 days ago

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