Issuance

Token issuance refers to the process of increasing the supply of index tokens in circulation through minting.

This issuance process is defined below:

  1. User Initiation: User initiates the issuance process by sending underlying assets via issue(uint256 amount) in the issuance smart contract, signaling their intention to exchange the assets for n AMKT tokens.

  2. Token Minting: Upon verifying the correct amount of underlying assets received, the issuance smart contract mints n AMKT tokens.

  3. User Receives Tokens: User is credited with n AMKT tokens in their designated address.

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