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Vault Tokens
The Y2K Vault tokens are ERC1155, representing a pro-rata share of vault ownership by the depositor. Y2K vault tokens are differentiated by the following identifiers:
Asset: Token under consideration
Type: Hedge or Risk
Epoch: Time period of the vault
Strike: How far from peg the asset price needs to deviate in order to trigger a payout to the Hedge vault depositors.
Currently Y2K Offers the following vault tokens:
- Hedge Vault Tokens
- Asset types: USDC, USDT, MIM
- Strike Prices:
- USDC: $0.997
- USDT: $0.991
- MIM: $0.975
- Epoch Period: Week
- Risk Vault Tokens
- Asset types: USDC, USDT, MIM
- Strike Price:
- USDC: $0.997
- USDT: $0.991
- MIM: $0.975
- Epoch Period: Week
Note that the following positions are semi-fungible and can be exchanged in Wildfire, our native orderbook. Wildfire will launch shortly after Earthquake.
Last modified 4mo ago