Luminex is thrilled to announce our partnership with Satoshi Punks, enabling users to mint $PSAT based on their whitelists with a fully trustless and decentralized approach! Luminex is the first-ever platform to provide such an innovative minting experience in the Ordinals space, and we can’t wait for the SatoshiPunks community to start using it.

Mint Process Overview

Before diving into the tutorial, let’s go over the details of the mint:

Mint Timelines

1. Round 1 — Satoshi Punk holders: Starting Friday, June 2nd 2023, 9.30am — 10.30am EST. 10,000 $PSAT per address
2. Round 2 — Priority List (Bandits, BTC DeGods and more): Starting Friday, June 2nd 2023, 10.30am — 13.30pm EST. 2,000 $PSAT per address
3. Round 3 — Allow List: Starting Friday, June 2nd 2023, 13.30pm — 19.30pm EST. 1,000 $PSAT per address
4. Round 4 — Public:Starting Friday, June 2nd 2023, 19.30pm EST. 1,000 $PSAT per address

Mint Details

1. Payment method: Users can pay directly from Xverse, or by depositing to the Invoice deposit address. Using XVerse is highly suggested to make the mint easier and faster.
2. Bitcoin Network fees: In order to prevent frontrunning, network fees have been set at a fixed rate and can’t be adjusted by the user. After minting, you should typically expect to see your $PSAT within a few hours.

Requirements Before Mint

Before you begin the minting process, it’s essential to ensure that you meet the necessary requirements. This section outlines the prerequisites for minting $PSAT on Luminex.

1. Bitcoin Ordinals Receiving Address: To receive your $PSAT, you will need a Bitcoin Ordinals-compatible (Taproot) address (addresses start with bc1p…). We highly suggest XVerse or Unisat wallets, because of their native BRC-20 implementation. Ensure that you have access to such an address before initiating the minting process.
2. Sufficient Funds: To cover the mint fee, make sure you have enough BTC in your Bitcoin wallet to pay for the inscription transaction, this should approximately be equivalent to 0.00055BTC. To be well-prepared and avoid any delays during the mint, you can setup your XVerse wallet and deposit BTC funds before the mint day. By doing so, you’ll be ready to mint your $PSAT as soon as the mint starts.

Step-by-Step Tutorial

Follow these steps to mint your $PSAT on Luminex:

Mint with XVerse

Step 1: Visit the $PSAT Mint Page at: TBD

Step 2: Connect Xverse wallet

Step 3: Verify the Receive Address and Whitelist Address: Verify that the Receive Address matches XVerse Ordinals address, or any other address you’d like your $PSAT to be received. If you have a whitelisted receive address, make sure to use it as Receive Address. If you have a whitelisted XVerse payment address, make sure to connect with Xverse with that address

Step 4: Select the amount of $PSAT you’d like to mint

Step 5: Click “MINT” and Congrats!

Mint with the Invoice system, FROM any Bitcoin wallet

Step 1: Visit the $PSAT Mint Page at: TBD

Step 2: Select the Invoice Payment Method

Step 3: Paste your Receive Address and Whitelist Address: Paste your Receive Ordinals Address where you’d like your $PSAT to be received. If you don’t have any Ordinals address yet, we highly suggest XVerse or Unisat wallets, because of their native BRC-20 implementation. If you have a whitelisted address, make sure to use it as Receive Address

Step 4: The maximum amount of $PSAT you are allocated to is autofilled.

Price to mint does not change based on amount minted.

Step 5: Deposit the funds (Minimum deposit amount) to the Invoice Deposit Address

Step 6: Click “MINT” and Congrats!

Conclusion

Minting your $PSAT on Luminex is an exciting opportunity to participate in a groundbreaking and innovative approach to mint BRC20s in the Ordinals and Bitcoin space.

Luminex’s partnership with $PSAT showcases the platform’s potential and commitment to offering a seamless and user-friendly experience. As Ordinals continue to expand, we are excited to see the creative ways in which the $PSAT community will embrace and utilize their BRC20s.

We hope you found this tutorial helpful, if you have any questions or need support during the minting process, feel free to reach out to us on Luminex Discord server. Our team and community members are more than happy to assist you and ensure a smooth minting experience.

Happy Mint!

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