Port Finance

About

Port Finance is a non custodial lending protocol on Solana that enables lending and borrowing markets for a number of assets including USDC, USDT, SOL, and SBR among others. pUSDC and pUSDT represent interest bearing, non collateral positions on Port (the synthetic token works because the positions cannot be liquidated)

How to Mint pUSDC and pUSDT

In order to mint pUSDC (same process for pUSDT) head to the Port Finance App and deposit USDC. Then, unselect the 'use as collateral' option. Now, any USDC you deposit will mint associated pUSDC tokens in your wallet, which can be deposited on Saber. The pUSDC tokens represent your USDC position. There is not a risk of liquidation because