# Minting USDv

Approved entities are able to mint and redeem USDv using select assets.

{% stepper %}
{% step %}

### Enter Solomon App

Go to the [app](https://app.solomonlabs.org)

Connect your wallet

<div align="left"><figure><img src="/files/bqdwDlBA9f8e8HeYOStJ" alt="" width="236"><figcaption></figcaption></figure></div>

Accept the terms & conditions
{% endstep %}

{% step %}

### Navigate to Mint

In the menubar select "Mint"

### Mint USDv

Select the token you want to mint USDv with (USDC, USDT, or SOL)

Enter the amount of USDv to mint

Click "Mint" and receive your USDv less the mint fee (0.2%)

### Use USDv

You can use USDv like any other stablecoin

You can stake USDv to receive regular rewards
{% endstep %}
{% endstepper %}

### **Custody Process**

Asset used to mint USDv are managed through an off-exchange custody solution and hedged using derivatives to maintain the peg.

<details>

<summary><strong>Example</strong></summary>

* A user deposits $1,000 worth of Solana into the protocol.
* The protocol mints $1,000 USDv and transfers them to the user's wallet.
* The protocol opens a long position on SOL as well as a short position on SOL futures, creating a delta-neutral position with modest yield
* The yield is paid out to holders of sUSDv (Staked USDv)

</details>

<figure><img src="/files/p6z6gUrTFp07dXVp9rLC" alt=""><figcaption><p>User and Protocol Flows</p></figcaption></figure>


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.solomonlabs.org/usdv/usdv-and-susdv/minting-usdv.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.