⚡
Mint
XMR → wsXMR
🔥
Burn
wsXMR → XMR
💎
Become LP
Earn Fees
Amount (XMR)
Minimum: 0.01 XMR
⚡
Start Mint
1
Initialize Phantom Agent
Waiting for signature...
2
Deposit XMR
📋
Send exactly: XMR
Monitoring blockchain...
3
Initiate on EVM
Pending...
4
LP Confirmation
Waiting for LP...
Cancel & Refund
Amount (wsXMR)
Your balance: 0 wsXMR
Your Monero Address (CakeWallet, etc.)
Where you'll receive XMR
🔥
Start Burn
1
Initialize Phantom Agent
Waiting for signature...
2
Request Burn on EVM
Pending...
3
LP Commitment
Waiting for LP to lock XMR...
4
Claim XMR
Scanning Monero chain...
5
Finalize on EVM
Pending...
💰
Total Collateral
0 xDAI
➕
Deposit Collateral
➖
Withdraw Collateral
Vault Settings
💾
Update Settings
💰
Earn Fees
Collect fees from every mint and burn operation through your vault
🛡️
Overcollateralized
>200% collateral ratio ensures your position is always protected
⚙️
Full Control
Set your own fees, deposit limits, and manage your vault parameters
How to Become an LP
1
Set Up LP Server
Clone the repository and install the LP server (Rust-based)
git clone https://github.com/madschristensen99/wrapsynth.git
cd wrapsynth/lp-node
cargo build --release
📋
2
Configure Environment
Set up your Monero wallet and Gnosis Chain credentials
cp .env.example .env
# Edit .env with your:
# - PRIVATE_KEY (Gnosis wallet)
# - MONERO_WALLET_RPC (your XMR wallet)
# - GNOSIS_RPC_URL
📋
3
Create Your Vault
Register your vault on-chain with collateral
node scripts/lpServer/createVault.js
# This will:
# - Create your LP vault on VaultManager
# - Set your fee parameters
# - Register your Monero address
📋
4
Deposit Collateral
Lock xDAI as collateral (auto-converts to sDAI for yield)
node scripts/lpServer/depositCollateral.js
# Minimum: >200% of intended debt capacity
# Example: $15K collateral → $10K mint capacity
📋
5
Start LP Server
Run the automated LP server to handle swaps
cargo run --release
# Server will:
# - Monitor mint/burn requests
# - Automatically confirm XMR receipts
# - Execute atomic swap protocols
📋
Requirements
💰
Minimum $1,000 in xDAI collateral
🔐
Monero wallet with RPC access
⚡
Server with 99%+ uptime
🛠️
Basic Rust/Node.js knowledge
⚡
Waiting for transactions...
Total Minted
0 wsXMR
Collateral Ratio
>200%
Avg Fee
0.5%