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Indexedex
@Indexedex
Token is $DTF - 0xeE5576Fa1Bcaa380e591D01245f406f3f384eb01
62 Following    1K Followers
Allow me to explain. robinhood:0xee5576fa1bcaa380e591d01245f406f3f384eb01 - The fee accruing token. Protocol fees are converted to ETH and used to buy into providing liquidity through the Protocol DETF. $DTF-DETF - The DETF token for robinhood:0xee5576fa1bcaa380e591d01245f406f3f384eb01 . This token owns robinhood:0xee5576fa1bcaa380e591d01245f406f3f384eb01/$ETH liquidity and a reserve vault token of robinhood:0xee5576fa1bcaa380e591d01245f406f3f384eb01. It keeps these in a custom Uniswap V4 pool exposing ethereum:native and robinhood:0xee5576fa1bcaa380e591d01245f406f3f384eb01 for trading. $DTF-DETF can be minted by paying ethereum:native or robinhood:0xee5576fa1bcaa380e591d01245f406f3f384eb01 A portion of the minted $DTF-DETF is awarded to $sDTF-DETF holders $sDTF-DETF - The staking token. The $DTF-DETF token is trying to reach a price of 1:1:1 to ethereum:native and robinhood:0xee5576fa1bcaa380e591d01245f406f3f384eb01. The DETF will mint new $DTF-DETF to try to reach this price. Minted tokens go to sDTF-DETF holders. You can burn $sDTF-DETF to claim $DTF-DETF. sDTF-DETF REBASES! YOUR BALANCE WILL GO UP. DO NOT USE sDTF-DETF IN OTHER PROTOCOLS! Bond - You can buy newly minted $DTF-DETF token at a discount. You pruchase is locked for 30 - 180 days, you choose how long. The minted $DTF-DETF token is staked and locked while the bond matures. That way bond owners also get minted $DTF-DETF. Old staking was temporary. My apology for the delays. I fund it with my own robinhood:0xee5576fa1bcaa380e591d01245f406f3f384eb01 tokens, minus what I need for the DTF-DETF reserve pool liquidity. I am donating the rest of my holdings to the DTF-DETF as reserve pool liquidity. TSMR - Yes, you can ignore this now. All staking has been migrated to the DTF-DETF. SY - SY is just a way to make rebasing safe to use. Meaning, this is how you use sDTF-DETF in other protocols. It is always fully backed by sDTF-DETF. wSY - This was a temporary adapter for connecting the SY for sDTF-DETF to the temporary staking contract. You don't need to worry about this token. Once you claim your sDTF-DETF you're done. There is no time limit to claim your sDTF-DETF tokens. They are staked while they are wrapped.
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