# Mint Your HOOK (1, 1)
Users can buy **HOOK** from the protocol at a discount by trading it with liquidity (LP tokens).
It takes roughly 5 days to vest, and **HOOK** tokens are vested linearly to the user over that period. LP tokens including **HOOK** help the protocol to accumulate and lock liquidity, while other LP tokens allow the protocol to grow its treasury, and thus its RFV faster.
**Neverland** accepts below assets to mint **HOOK**:
* HOOK-KUSDT
* KUSDT-KDAI
* KUSDT-KUSDC
* more assets will be added
## How to Redeem
Go to Mint page and select the type of mint you have proceeded. Select the "Redeem" tab. Then, click "Claim Rewards" to claim all of your available rewards.
## Reading the Info
**Balance** is your balance of KLP (Klayswap LP) tokens. This is the asset used to mint **HOOK**.
**Mint Price** is the price of **HOOK** you get from minting. You can calculate the mint price using the following formulae:
* KLP Mint: (Value of your SLP token / HOOK you'll get from minting)
**Market Price** is the market price of **HOOK**.
**You Will Get** tells you how many **HOOK** you will get from minting.
**Debt Ratio** measures the total amount of **HOOK** created from mints that have yet to be paid out by the protocol. The debt ratio is calculated differently for among types of KLP mint:
* KLP including **HOOK**: (**HOOK** created from unredeemed mints / **HOOK** total supply)
* Other KLP: (**HOOK** created from unredeemed mints / **HOOK** circulating supply)
**Vesting Term** measures the period a minting takes to fully redeem. This number is 5 days or 15 epochs.
**Discount** is the difference between the mint price and the market price. In the screenshot above, minting would give you a 10.63% discount versus buying the same amount of **HOOK** from the market.
**Pending Rewards** is the amount of **HOOK** you are entitled to receive from minting.
**Claimable Rewards** is the amount of **HOOK** that you can claim now. This amount keeps increasing as **HOOK** is vested to you over the minting period.
**Full Mint Maturation** refers to the time when the minted **HOOK** is fully redeemable.
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