How to dock via OTC

Demonstrate to investors step-by-step how to interact with STBT Smart contracts via OTC on Sepolia network.

Prerequisites

Related contract address on Sepolia network

Add one address to the whitelist of STBT via telegram

Mint

1. Submit the issuance request and add whitelist address via Telegram

2. Deposit USDC/USDT/DAI (ERC-20) from your whitelisted address to the dedicated Matrixdock address

3. STBT minted to your whitelisted address (up to 2 New York Banking days)

4. Start earning from T-bill yields

Redeem

1. Submit the redemption request via Telegram and accept the redemption quote

2. Transfer STBT to the dedicated Matrixdock address

3. STBT burned and underlying assets settled (up to 2 New York Banking Days)

4. Settlement in stablecoin to whitelisted address

Mint STBT via OTC

1. Transfer USDC to the receiver address.

   https://sepolia.etherscan.io/address/0x032C6778931a38B2a08e1C1Ad55750cb1879457a#writeProxyContract#F21

   
2. Then the minting notifications will be sent to the group.

   
3. Check order.

   
4. Once mint finished, check STBT balance.

   https://sepolia.etherscan.io/token/0xf93276eaffa99287e24ab2c7c050533dfe33ccaf#readProxyContract#F2

   

Redeem USDC via OTC

1. Transfer STBT to the receiver address.

   https://sepolia.etherscan.io/token/0xf93276eaffa99287e24ab2c7c050533dfe33ccaf#writeProxyContract#F19

   
2. Then the burning notifications will be sent to the group.

   
3. Check order.

   
4. Our operation colleagues will perform settlement, and finally the corresponding USDC will be transferred to your address.