Mincast & Melt

Overview

Origin Mincast has exactly two operations:

Both operations execute at the current algorithmically-determined price.

Mincasting Tokens

What Happens

1. You send WEUSD to Origin Mincast
2. Protocol calculates current price
3. New RWA tokens are minted
4. Tokens sent to your wallet
5. WEUSD added to protocol reserve

Visual Flow

Melting Tokens

What Happens

1. You send RWA tokens to Origin Mincast
2. Protocol calculates current price
3. Tokens are burned (destroyed)
4. WEUSD released from reserve
5. WEUSD sent to your wallet

Visual Flow

Price Impact

Mincasting Increases Price

When you mincast:

• Reserve grows (your WEUSD enters the pool)
• Supply grows (new tokens minted)
• Current price increases
• If threshold reached: Raise triggers, floor increases permanently

Melting Decreases Price

When you melt:

• Reserve decreases (proportionally)
• Supply decreases (tokens burned)
• Current price may decrease
• Floor price never decreases — your downside is always protected

The Raise Effect

When buying activity is strong enough:

1. Protocol detects the threshold is reached
2. Raise automatically triggers
3. Value is locked from price premium into floor support
4. Floor price permanently increases

This means: Active markets = Rising floor = Better protection for all holders

Slippage Protection

The desired parameter protects against unfavorable price movements:

For Mincasting

Set desired to the minimum tokens you’ll accept:

• If price moves against you, transaction reverts
• Protects against front-running
• Recommended: 0.5-1% below expected amount

For Melting

Set desired to the minimum WEUSD you’ll accept:

• Guarantees at least floor price
• Protects against rapid price drops
• Recommended: 0.5-1% below expected amount

Fees

Fees contribute to:

• Treasury growth (supports floor price)
• Protocol sustainability
• Development funding

Example Scenarios

Scenario 1: Bullish Market

1. Many users mincast tokens
2. Supply increases
3. Price rises
4. Floor price rises (permanently)
5. Early mincasters profit

Scenario 2: Bearish Market

1. Users melt tokens
2. Supply decreases
3. Price falls
4. Floor price remains unchanged
5. Holders protected at floor

Scenario 3: Stable Market

1. Balanced mincast/melt activity
2. Supply stable
3. Price stable
4. Floor price gradually rises from fees

Best Practices

1. Check Current Price — Review before mincasting/melting
2. Set Slippage — Use desired parameter appropriately
3. Approve First — Approve token spending before transactions
4. Gas Timing — Consider network congestion for gas costs
5. Floor Awareness — Know the floor price for melt operations

Next Steps

• Dynamic Pricing — Understand how prices are calculated
• Floor Price — Learn about the protection mechanism