Minting ETHtx

ETHtx does not exist until a weiWard ETHtx Minter contributes ETH on the weiWard platform, at which point ETHtx tokens are minted and made available for purchase on the weiWard platform.

ETHtx Minters contribute ETH and receive weiWard ETHmx tokens that entitle the ETHtx minters to a majority share of all network fees collected by the weiWard platform.

ETHtx Minters provide the collateral for all ETHtx in existence, ensuring all ETHtx in existence are collateralized with ETH - at minimum - at a 1:1 ratio.

Refer to the weiWard Roles Overview for more information.

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