proposeMint

$proposeMint(amount, destination): mintId$

• Callable by $minter$ approved by TTG who is not frozen at the moment

• Proposes new M mint and returns id of pending mint proposal

• Specifies the $amount$ of M to mint and the $destination$ address to which it will be minted

• Any $validator$ can cancel this transaction within $mintDelay + mintTTL$ until it is executed

• Only one active proposal per $minter$. New mint proposal replaces the existing one

  • Checks that mint request is sufficiently collateralized: $(CV_{minter} - totalPendingCollateralRetrievals_{minter})* MR >= activeOwedM_{minter}+ amount$ NOTE: If the $CV_{minter}$ was not updated on time, the protocol assumes that it is set to 0.

  • Creates pending for $mintDelay$ time Mint proposal

  • Returns unique $mintDelay$ of Mint proposal.