> For the complete documentation index, see [llms.txt](https://docs.tensorusd.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.tensorusd.com/user-type/end-users.md). # End Users As a user of the TUSDT Portal, we assume you are someone who wants TUSDT our stablecoin pegged to USD value. You interact with a straightforward vault based interface that enables you to manage your collateralized positions and participate in the broader TUSDT ecosystem. ### Core Actions: 1. **Creating a Vault (Opening Your Position)** * Select "Create Vault" from the Portal interface to open your personal vault * Deposit your TAO tokens as collateral into the vault. * Your vault tracks your collateral, debt, and collateralization ratio in one place. * Each vault is individualized, you manage your own debt-to-collateral position. 2. **Minting TUSDT (Getting Stablecoins)** * Click the "Mint" button from your Vault Overview * Mint TUSDT stablecoins against the TAO collateral you've deposited * Your TAO remains locked in the vault as backing * You must maintain at least a 150% collateralization ratio, meaning for every $1 of TUSDT you mint, you need at least $1.50 worth of TAO locked * A 10% annual interest rate (compounded hourly) applies to your minted TUSDT debt. 3. **Burning TUSDT (Repaying Your Debt)** * Click the "Burn" button from your Vault Overview * Return your TUSDT stablecoins to reduce your vault's outstanding debt * Burning TUSDT frees up your locked TAO collateral for withdrawal * You can repay partially or in full at any time 4. **Adding Collateral (Strengthening Your Position)** * Click the "Add Collateral" button from your Vault Overview * Deposit additional TAO into your vault * This increases your collateralization ratio, reducing your liquidation risk * Useful when TAO price drops and your ratio approaches unsafe levels 5. Releasing **Collateral (Releasing Your TAO)** * Click the "Releasing" button from your Vault Overview * Release TAO collateral from your vault back to your wallet * You can only withdraw if the remaining collateral keeps your vault above the 150% collateralization ratio. * Once all debt is repaid, you can withdraw your full collateral and exit your position 6. **Participating in Auctions (Bidding on Liquidated Collateral)** * When another user's vault falls below the 120% liquidation ratio, their collateral is placed into a liquidation auction * You can browse active auctions and place bids starting from the minimum bid amount * Bids are placed using TUSDT * The highest bidder at the end of the auction wins the corresponding TAO collateral * If you are outbid, you can withdraw your refund after the auction finalizes * Participating in auctions helps maintain the stability and solvency of the entire TUSDT system **What This Means for You** * **Simple Interface:** The Portal guides you through vault creation, minting, burning, collateral management, and auction participation all from a single dashboard * **Protected Value:** Your deposits are secured by smart contracts deployed on Ink, Bittensor's native EVM layer, ensuring deep integration with TAO's native liquidity and security * **Stay Above the Ratio:** Keep your collateralization ratio well above 150% to avoid liquidation. If TAO's price drops and your ratio falls below 120%, your vault may be auctioned off * **Emergency Protection:** Automatic circuit breakers activate during extreme market volatility, including a full system shutdown if TAO price drops by 18% to protect the overall system * **Upgradeable Security:** The protocol uses pausable and upgradeable smart contract patterns, meaning the system can be enhanced and secured without disrupting your holdings **The Portal – Your Gateway** The TUSDT Portal acts as your gateway to convert between TAO and TUSDT seamlessly. Whether you're minting stablecoins for liquidity, repaying debt to free your collateral, or bidding in auctions for discounted TAO, the Portal provides a unified, secure interface with built-in protections ensuring your assets remain safe throughout the process. --- # Agent Instructions This documentation is published with GitBook. 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