$MAG-$MIM LP Minting
$MAG-$MIM LP Minting was introduced since the Magnet DAO Launch. It allows you to trade $MAG-$MIM LP tokens from Trader Joe in exchange for discounted $MAG on the Magnet DAO site.

How to Mint:

  1. 1.
    Make sure you have $MAG-$MIM LP tokens in your wallet. You need to go to Trader Joe and add liquidity for the $MAG-$MIM LP pool to acquire them. Use the link here.
  2. 2.
    Head to the $MAG-$MIM Mint page of the $Magnet DAO website. There are two tabs: "Mint" and "Redeem". Make sure "Mint" is selected.
  3. 3.
    Type in the amount of $MAG-$MIM LP tokens you would like to use in order to mint $MAG. Make sure you are not trying to mint more than is allowed. The Max You Can Buy field below shows the maximum amount of $MAG you can purchase.
  4. 4.
    If this is your first purchase, you need to approve the contract to spend your $MAG-$MIM LP tokens. Click "Approve" and sign the transaction.
  5. 5.
    After the "Approve" transaction has been processed successfully, refresh the page. The "Approve" button should be changed to display "Mint" by now.
  6. 6.
    Click "Time" and sign the transaction. Now you have minted $MAG using $MAG-$MIM LP tokens!
  7. 7.
    Make sure to redeem your mint afterward.
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