diff --git a/spec/006_Self_Service_Token.md b/spec/006_Self_Service_Token.md index b7d9e2c..9a84a37 100644 --- a/spec/006_Self_Service_Token.md +++ b/spec/006_Self_Service_Token.md @@ -19,11 +19,11 @@ We want users to be able to create their tokens to create more ownership and dif ## Token creation process - UI (I will describe this for USSD be a web interface should also be made) 1. Existing User calls Sarafu - - New user dials *483*46# where she selects - - My Account -> Create Token - - Note that this ability is whitelisted- to be whitelisted the user must have: - 1. Been in the system as an active user for some time (at least 1 month) - 1. Have a substantial balance (his CIC converted to reserve) to reach at least 25% reserve. Minimum 100 USD in value DAI. Which will staked into the converter and leveraged into $400 of CIC tokens (the value changes as reserve is removed). + - New user dials *483*46# where she selects + - My Account -> Create Token + - Note that this ability is whitelisted- to be whitelisted the user must have: + 1. Been in the system as an active user for some time (at least 1 month) + 1. Have a substantial balance (his CIC converted to reserve) to reach at least 25% reserve. Minimum 100 USD in value DAI. Which will staked into the converter and leveraged into $400 of CIC tokens (the value changes as reserve is removed). 2. Default Token Options *. Based on the users location the system has preset defaults: 1. 25% Target Reserve Ratio (1:1 with reserve)