Protocol

How does the protocol operate?

Gas fees effort

Our protocol operates both on-chain and off-chain to reduce the number of transactions with the aim of reducing gas fees for our users. When you deposit tokens in our dApp, they are automatically burned and added to your "off-chain" balance.

When you withdraw tokens from our dApp, on-chain tokens are minted.

Inflation reduction measures

In order to counter inflation caused by our protocol's yields, we have implemented two features.

• Bundle Access Fee

To gain access to a bundle and be able to stake your tokens in it, you are required to purchase an access that costs 1 token. The access lasts 24 hours, then you need to purchase it again.

• Bundle Protection Fee

To protect your tokens from debasing in case the bundle in which you have staked tokens yields a negative APY, you are required to purchase a protection that costs 2 tokens. The protection lasts for 24 hours, then you need to purchase it again.

Tokens lock-up

When you stake your tokens in a bundle, they are automatically locked for a period of two hours. If you stake more tokens in the same bundle while the lock is still in effect, the timer resets to two hours.