WitSwap
  • Welcome
  • Why do we need eWIT?
  • How to get eWIT
  • Pathway to monetizing WIT token rewards
  • Minting & Redeeming eWIT
    • Custodian
    • Minting eWIT
    • Redeeming eWIT
    • Fees
    • For admins only
  • Liquidity provision for EWIT
    • Incentives
    • Staking LP tokens to receive incentives
  • About WitSwap
    • About WitSwap
    • WitSwap Tokenomics
  • How to use WitSwap
  • Smart Contracts
    • eWIT token contract address
    • Staking contract address
    • WitSwap token contract address
  • Other addresses
    • Deployer address
    • Custodian Witnet address
    • Custodian eWIT address
  • About Witnet
    • What is Witnet?
    • The Oracle Problem
    • The Solution: A Decentralized Oracle Network
    • Flow of the Protocol
    • Why isn't Witnet built on the Ethereum blockchain?
    • Retrieve-Attest-Deliver
    • Miners
    • Bridges
    • Consensus Mechanism: The Reputation System
    • Defense over Protocol Attacks
    • Witnet Token Distribution
    • FAQ about the WIT token
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  • How to mint eWIT
  • How to burn eWIT

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  1. Minting & Redeeming eWIT

For admins only

PreviousFeesNextIncentives

Last updated 3 years ago

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How to mint eWIT

Go to Witnet to Ethereum swaps.

Look for ID rows with your Custodian name where the status is "Waiting to be processed". If there are such ID rows, then untick the active box attached to your username under “Custodians”.

Return to Witnet to Ethereum swaps.

Click the ID number with the transaction waiting to be processed.

Take note of the following details:

  • Address to send swapped funds to

  • Address to receive user funds at

  • Total funds received

Go to the smart contract at the following link below.

Connect to Web3 using your permitted ERC20 wallet.

Select Mint.

Fill in the fields based on the details above.

Write and confirm the transaction.

View your transaction and note the transaction hash.

Return to Witnet to Ethereum swaps and fill in the transaction hash in the Swap Ethereum Transaction Hash column.

Change back your status to "Active" by ticking the box in “Custodians”. Save it.

How to burn eWIT

LogoWitnet: EWIT Token | Address 0x56ee175fe37cd461486ce3c3166e0cafccd9843f | EtherscanEthereum (ETH) Blockchain Explorer