Tokenize VLO via API
Valero Energy as a 1:1-backed onchain ERC-20. Mint, redeem, and post as collateral with one SDK call. Mint and redeem are asynchronous via an on-chain order_id; the terminal action lands via settle(order_id) on the custodian cycle (T+1).
What Flo supports for VLO
Three primitives, one API key. VLOflows through the same path as the rest of Flo's tokenized equities universe.
Mint VLO →
Create tokenized VLO from stablecoin payment. Onchain delivery is instant; the broker buys the underlying Valero Energy share at NYSE during market hours.
Redeem VLO →
Burn tokenized VLO and receive stablecoin. Flo Finance sells the underlying Valero Energy share at the institutional custodian; your user gets stablecoin instantly.
Borrow against VLO →
Post tokenized VLO as collateral and borrow USDC/USDT up to 70% LTV. Liquidations route through the same custody pipe.
Mint tokenized VLO in one call
The same shape works for every ticker in the universe, swap the symbol and you're done.
// Mint tokenized VLO (Valero Energy) — notional-in default
const mint = await flo.mint({
asset: "VLO",
notional_usdc: "1000.00", // pay-in. SDK derives min_quantity from quote * (1 + slippage_bps).
slippage_bps: 50, // 0.50%. Default if omitted.
settlement: {
currency: "USDC", // per-chain accepted set in /v1/chains
chain: 8453, // Base. EIP-155 integer chain ID.
wallet: userWalletAddress,
},
gas: { sponsor: "developer" },
});
// mint.status is "active" with mint.order_id set on chain (or "queued" out-of-session).
// VLO ERC-20 tokens land via settle(order_id) once the custodian leg confirms.
// Flo Finance holds the underlying Valero Energy shares at an institutional custodian, 1:1.Comparable assets via Flo
Other energy and NYSE names supported by the same API.
VLO on Flo, common questions
Can I tokenize VLO via Flo?
Yes. VLO (Valero Energy) is part of Flo's tokenized equities universe. A POST to /v1/mint with asset=VLO and a notional_usdc amount returns a tokenized VLO ERC-20 1:1 backed by Valero Energy shares held at an institutional custodian by Flo Finance.
How is tokenized VLO backed?
Each onchain VLO token is 1:1 backed by a real Valero Energy share held at institutional custodians by Flo Finance. Reserves are attested daily and published on /transparency/proof-of-reserves.
What is the settlement window for VLO?
Mint and redeem are asynchronous via an on-chain order_id. The create-order tx is atomic; the terminal action (live token mint or stablecoin payout) lands via settle(order_id) on the custodian cycle. NYSE settles T+1 in USD, so the custodian leg for VLO clears on that cycle.
Can I borrow stablecoins against VLO?
Yes. Tokenized VLO is collateral-eligible in the Flo borrow product as a large-cap equity, with a three-margin model — initial 70% (max LTV at open), maintenance 75% (alerts begin via borrow.maintenance_breach), liquidation 78% (keepers auto-close on a 30-second TWAP, no grace window). APR is a floating rate set by the pool's utilization curve (kinks at 75% and 90%). See /docs#borrow-overview for the full state machine.
Which chains is VLO deployed on?
Tokenized VLO is deployable on Base, Arbitrum, Ethereum. Pass the EIP-155 integer chain ID on the settlement object (8453 for Base, 42161 for Arbitrum, 1 for Ethereum). String slugs are not accepted on input; see /docs#rest-chains.
Ship tokenized VLO to your users
Mint, redeem, sandbox, and webhooks are free. No setup fee, no monthly minimum, no annual contract. Get an API key and mint your first tokenized VLO in minutes.