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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. 

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Last modified 4mo ago