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Prerequisites

Before deploying a stablecoin, ensure you have:
  • Sufficient ETH for gas fees
  • Understanding of stablecoin parameters
  • Access to the Monolith protocol interface

Step 1: Access the Factory

Navigate to the Stablecoin Factory in the Monolith interface.

Step 2: Configure Parameters

Set your stablecoin parameters:
  • Name: Choose a unique name for your stablecoin
  • Symbol: Set the token symbol (e.g., USDX)
  • Collateral: Select backing collateral type
  • Initial Supply: Set initial mint amount

Step 3: Deploy

Review your configuration and confirm the deployment transaction.

Step 4: Verify

Once deployed, verify your stablecoin on the blockchain and add it to wallets.

Important Notes

  • Deployment fees apply
  • Parameters cannot be changed after deployment
  • Monitor your stablecoin’s performance regularly