How to Mint AUDM

Once you have been onboarded as a client of the Macropod Platform, you can request to purchase an AUDM token via the Macropod Platform.

To do this, you can submit a Mint Request and pay Australian dollars to the Reserve Account using the bank details Macropod provides. After payment is received, Macropod mints AUDM tokens directly to your nominated crypto wallet (blockchain address).

See the PDS and AUDM Terms.

If:

  • you are a client;
  • a manual process is in place; and
  • you need a Mint Request Form or Redemption Request Form,

please email hops@macropod.com.

Mint Request Guide

This How-To Video explains how to submit a Mint Request through the Macropod Platform.

Daily Cut-off Times

To ensure same-day processing, all Mint Requests must be submitted within the standard operating window of 9:30 AM to 4:30 PM (AEST/AEDT) on Business Days.

  • Requests received within the operating window are processed on the same Business Day.
  • Requests received after 4:30 PM will be deemed received and processed on the following Business Day.
  • Requests submitted on weekends or public holidays will be processed on the next available Business Day.

Please note that Macropod reserves the right to determine or adjust these times as published on the website from time to time.

Mint Price

When you receive a mint of AUDM directly from Macropod, each AUDM token is issued at a price of one Australian dollar (AUD 1.00) per token.

The price offered by digital currency exchanges may be different and is set by the exchange.

Mint Limits

At present, the minimum AUDM tokens you can acquire as a mint from the Macropod Platform in one transaction is 1,000 AUDM.

You can acquire up to 100,000 AUDM per 24 hours, with a maximum of 10,000 AUDM per transaction.

If you are concerned that this is not enough, please reach out to the Macropod Hoperations team at hops@macropod.com.

If you want to acquire fewer than 1,000 AUDM, you can also buy AUDM from a digital currency exchange that lists AUDM.

When will I receive my AUDM?

After Macropod receives your Mint Payment into the Reserve Account and validates your Mint Request, it mints AUDM tokens to your nominated wallet.

In most cases, this is likely to happen within minutes.

Delays can sometimes occur if our bank or your bank does not immediately process the transaction, or during any period where minting is processed manually.

Macropod uses best endeavours to mint the AUDM tokens into your wallet by the end of the next Business Day.

Hop on chain with Macropod.

Secure, seamless value transfer on-chain.