ve(3,3)6 min read
The INDEX Coffer: Deposit veLUTE Once, Earn Twice
A vault that votes your veLUTE as a bloc, pays you in INDEX every week, and compounds LUTE straight back onto your lock. Here is the loop, stage by stage.
A vault that votes your veLUTE as a bloc, pays you in INDEX every week, and compounds LUTE straight back onto your lock. Here is the loop, stage by stage.
Most DEXes keep a slice of every trade. Here is what changes for a token holder when the protocol keeps nothing, and what it costs the protocol.
Impermanent loss is the cost of automatic rebalancing. On a tokenized equity that gaps at the open, it behaves differently than on a crypto pair.
Tokenized equities can earn trading fees and emissions on top of price exposure. Here is where the yield comes from, and what it actually costs you.