Guides
Mint your first deposit
Two minutes from stablecoins to liquidity you can use — plus a claim that keeps earning.
Before you start
- A wallet on Base Sepolia (the current network — mainnet is audit-gated).
- Test USDC from Aave's faucet — the mint page links it directly.
- Gas: Base Sepolia ETH from any Base faucet.
Steps
- Open app.loomfi.io/mint and connect your wallet.
- Enter the amount to deposit.
- Choose your mint ratio with the slider — this is the only real decision:
- 0% — pure yield deposit. No lUSD, no debt; the receipt simply reclaims principal + yield.
- Up to 80% — free that share of your deposit as lUSD now; the receipt records the same amount as debt to return at redemption.
- Read the preview: the lUSD you'll receive, the claim your receipt will hold, and the unlock time (T+2).
- Confirm. The app requests an exact-amount approval (never infinite) and then the mint — two signatures the first time, one after.
What you now hold
- lUSD in your wallet — spend it, trade it, or loop it.
- A receipt NFT on the receipts page — its redeemable value starts growing immediately, and the card shows exactly how much it has earned.
Nothing to manage from here: no health factor, no liquidation price, no rate to watch. When you're ready to exit, redeem after unlock or sell the receipt any time.