NFTH

Minting

Minting is the process of depositing NFTs into a vault and receiving vTokens.

How Minting Works

  1. Approve - Grant the vault permission to transfer your NFT
  2. Mint - Call the mint function with your token ID(s)
  3. Receive - Get 1 vToken per NFT deposited

Minting Multiple NFTs

You can mint multiple NFTs in a single transaction:

  • Select multiple NFTs in the UI
  • One approval covers all NFTs (if using setApprovalForAll)
  • Gas efficient batch minting

Eligibility Check

Before minting, the vault checks if your NFT is eligible:

  • If eligibility is "all", any token ID is accepted
  • If eligibility is restricted, only whitelisted IDs work
  • Ineligible NFTs will cause the transaction to revert

vToken Distribution

When you mint:

  • You receive exactly 1 vToken per NFT
  • vTokens are minted to your wallet address
  • The NFT is transferred to the vault contract

After Minting

Your vTokens can be:

  • Held in your wallet
  • Traded on DEXs
  • Used in DeFi protocols
  • Redeemed for NFTs later

Fees

Minting is free (0% fee). This encourages liquidity provision.