Mint

Minting STTX is the inaugural function on Stout. It marks our fair launch and serves as a Liquidity Generation Event (LGE) for DUSX.

You can mint STTX using USDC. The minting price is determined by the following schedule based on the mint progress:

• 0% to 20% → $1 mints 4,380 STTX ｜ 1 STTX ≈ $0.00022831

• 20% to 40% → $1 mints 4,175 STTX ｜ 1 STTX ≈ $0.00023952

• 40% to 100% → $1 mints 4,008 STTX ｜ 1 STTX ≈ $0.00024950

The mint event will conclude with STTX reaching a Fully Diluted Value of $18,250,000 and a Floor Price of $0.00021894.

Minting is instant, with no lock-up period. Your STTX tokens will be immediately available in your wallet for trading.

However, STTX has a burning mechanism: 0.21% of its supply is burned every 21 minutes. Holding it in your wallet exposes you to this burn, reducing your STTX amount. To prevent this, either lock your STTX by minting veSTTX or provide liquidity.

Mechanics

1

A User transfers USDC to the Mint Contract.

2

The Mint Contract performs two actions:

• Sends 90% of the USDC to the PSM Contract.

• Allocates 10% of the USDC to the Treasury Wallet.

3

The PSM Contract mints DUSX at a 1:1 ratio and transfers it to the Floor Contract.

4

The Floor Contract allows users to redeem STTX for DUSX at the floor price.

Minting Diagram