Mint/Redeem

What's the idea behind Mint and Redeem?

Mint and Redeem are part of the core functionality of the platform that enables the adding and removing of BD-Stables into/from circulation, as well as keeping their price stable (relative to the respective peg).

Is Mint and Redeem better than Swap?

It all depends on the size of the transaction (relative to the size of the pool). Minting/Redeeming functions are more useful when you’re looking to perform a large transaction, that if done as a regular swap would cause a significant slippage and a sub-optimal price outcome for the purchase.