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Collateral Ratio
Illuminati DAO uses a Collateral Ratio (CR) for minting and redeeming Illuminati's synths. There will be a minimum CR set by governance for respective synths. The CR is used by the minting and redeeming functions. It is displayed as a percentage. The ratio shows what percentage of $MNTI is needed in order to mint or redeem a $WBNB token.
Last modified 4mo ago