Mint tgUSD

This guide demonstrates how to use USDT to mint tgUSD

Step 1: Import modules & Initialize Engine Contract

import { Address, Cell, TonClient4 } from '@ton/ton';
import { tgUSDEngine } from "@torch-finance/tgusd-sdk";

const tonClient = new TonClient4({
  endpoint: 'https://mainnet-v4.tonhubapi.com',
});

// Engine Contract
const engineAddress = Address.parse("EQBugHw3qUX71i5_mbUMYUAUnxdy513v5zKeLZdVhCp1J8xI")
const engine = provider.open(tgUSDEngine.createFromAddress(engineAddress));

Step 2: Request Mint Order Payload via API

HTTP Request

POST /mint

Request Parameters

Parameter
Type
Required
Description

userAddress

String

โœ… Yes

minter address

collateralAssetID

String

โœ… Yes

Asset ID of the collateral (must be generated using Asset.ID from Torch SDK)

collateralAmount

String

โœ… Yes

The collateral amount needed for this minting process (ensure decimals are included)

Response Fields

Field
Type
Description

signature

String

Hex-encoded signature for on-chain verification

payload

String

Hex-encoded serialized payload

tgUSDAmount

String

The amount of tgUSD to be minted

collateralAmount

String

collateralAmount submitted by the minter

Example

import { Asset } from '@torch-finance/core';
import { Address } from '@ton/core';
import axios from 'axios';

// Prepares mint parameters
const queryId = 8n

// Minter Address
const minterAddress = Address.parse("minter-address")

// USDT Asset
const usdtAsset = Asset.jetton(Address.parse('EQCxE6mUtQJKFnGfaROTKOt1lZbDiiX1kCixRv7Nw2Id_sDs'));

// Use 0.1 USDT to mint tgUSD
const depositAmount = 100000n;

// Request mint order payload from api
const response = await axios.post('https://tgusd-api.torch.finance/mint', {
  userAddress: minterAddress.toString(),
  collateralAssetID: usdtAsset.ID,
  collateralAmount: depositAmount.toString(),
});

const { signature, payload, collateralAmount } = response.data;

Step 3: Build Mint Payload

const mintPayload = await engine.getMintPayload(minterAddress, {
  signature: Buffer.from(signature, 'hex'),
  order: Cell.fromHex(payload),
  collateralInfo: {
    collateralAsset: usdtAsset,
    collateralAmount: BigInt(collateralAmount),
  },
  queryId: queryId,
});

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