Pooling and Token Minting
Last updated
Last updated
On-chain token holders can deposit tokens like USDC, ETH, BTC, or stETH into designated Spice Protocol Vaults, each designed with specific target APYs. In exchange, they receive DeFi Vault-LP tokens, also known as receipt tokens, which represent their share in the vault and their entitlement to yield generated solely from DeFi strategies. Users can further enhance their yield by locking these LP tokens into RWA Trade Pools. By depositing receipt tokens into these pools, users gain direct exposure to the underlying real-world assets, creating a transparent and seamless pathway to income generated from real-world activities.