Basset to Masset Conversion

Basic assets that are validated in the Basket Manager storage, and are aggregated to be converted 1:1 into the meta-asste token, the Sovryn Dollar or "DLLR".

Conversion of Basic Assets into DLLR

Minting DLLR stable coin

In order to perform the minting of DLLR assets, the user must own a balance of valid assets: so far, whether Dolar-on-Chain or "DOC" or Zero-Dollar or "ZUSD".

The user must first execute the proper approve function to the ERC20 contract of the basic asset.

After such transaction the user can address the execution of mintTo to the MassetManager contract. The mintTo function implies the internal execution of safeTransferFrom openzeppeling tool to bring the basic asset to the treasury of MassetManager and then the execution of DLLR.mint in favor of the user.

function mintTo(
        address _bAsset,
        uint256 _bAssetQuantity,
        address _recipient
    ) external nonReentrant returns (uint256 massetMinted) 

Arguments

Name	Type	Description
_bAsset	address	Address of the Basic Asset .
_bAssetQuantity	uint256	Quantity in Basic - Asset units
_recipient	address	Receipient of the newly minted mAsset tokens
massetMinted	uint256	Number of newly minted mAssets