> For the complete documentation index, see [llms.txt](https://wasabix-finance.gitbook.io/wasabix_finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://wasabix-finance.gitbook.io/wasabix_finance/introduction-to-minters.md). # Minters ## **What is Minter?** Minter is a place where users can mint/repay/liquidate waToken after they deposit assets to [**Strategy**](/wasabix_finance/y.u.m.-vault.md). After user deposited assets to Strategy, user can mint waAsset up to 50% in amount of deposited collateral. Loans will have a absolute minimum 200% collateralization ratio. For example, if you've deposited 100 wETH in Strategy, you will be able to borrow up to 50 waETH with zero interest. **There will never be a liquidation of a user's collateral unless they do it themselves because your debt will only ever go down.** Wasabix will use Bluezelle and Chainlink oracle price feeds. If a asset's value is under a certain threshold, minting, repaying with the base asset, and liquidations will be paused until it's value is back to acceptable levels. These security measures will not completely prevent the damage from an asset losing its peg or becoming devalued, but it will protect much of the Wasabix synthetic token's value. After minted, you may visit Farms to learn more {% content-ref url="/pages/-MbezZBp5GxoK9DOpflh" %} [Farms](/wasabix_finance/introduction-to-farms.md) {% endcontent-ref %} --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## 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, and the optional `goal` query parameter: ``` GET https://wasabix-finance.gitbook.io/wasabix_finance/introduction-to-minters.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. 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.