# Mint

[https://blue.kujira.network/mint](#https-blue.kujira.app-mint-or-https-blue.kujira.network-mint)

## Overview

The Mint tab is where you can mint [USK](https://docs.kujira.app/dapps-and-infrastructure/usk-stablecoin), which is a stablecoin pegged to the value of the US dollar, for a yearly 1% fee on all minted USK.

<figure><img src="https://269003845-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FyPeco0BDFBM85kKY4Hkl%2Fuploads%2FEWLWXNtRJx76lvjravxW%2Fimage.png?alt=media&#x26;token=4fd4dca1-14fd-43f2-9ace-c8f530255bcd" alt=""><figcaption><p>BLUE Mint tab</p></figcaption></figure>

## Utility

Minting USK allows users to A. take advantage of price arbitrage if USK is worth more than a dollar by converting it to other assets and slowly unwinding positions, B. use preferred backing assets of choice to enter a leveraged bet, C. use preferred backing assets in combination with money markets to perform delta neutral leveraged bets, D. use USK in [ORCA](https://docs.kujira.app/dapps-and-infrastructure/orca) markets to buy liquidated collateral at a discount, E. use USK to provide liquidity in [BOW](https://docs.kujira.app/dapps-and-infrastructure/bow) and obtain rewards from trading activity and incentives, or F. borrow against owned assets to raise capital without needing to liquidate them to preserve upside. &#x20;

## Learn more

When minting USK positions using multiple types of collateral, each backing collateral asset reflects a distinct USK mint position with its own loan-to-value or risk ratio. Read more [here](https://docs.kujira.app/dapps-and-infrastructure/blue/product-guides/how-to-mint-usk) about minting USK. And read more [here](https://docs.kujira.app/dapps-and-infrastructure/usk-stablecoin/technical-specifics) about USK's mechanics.&#x20;