Wand Protocol
  • ⚖️Background
  • 📐Product Introduction
    • Overview
    • Protocol Assets
      • USB-Stablecoin
      • xToken-Margin Token
    • Vault
      • AAR--Asset Adequacy Ratio
      • V-Vault
        • Deposit for minting
        • Withdraw for redemption
      • S-Vault
    • Earn
      • Interest Settlement
      • PTY--Price Trigger Yield
    • Discount Offer
    • Revenue Flow
    • Parameters
    • RedStone Oracles
    • Audit Report
    • Addresses
    • Migration to V2
    • IP-Vault for Story protocol
      • Principal Token
      • Yield Token
      • Dutch-VAMM
  • 🤖Guide 101
    • What can I do with Wand?
    • How to obtain xToken and USB?
    • FAQ
  • 🎯Early access campaign
    • Basic Rules
    • Blast Points
    • Blast Gold
  • 🪙TOKENOMIC
    • Coming soon
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PTY--Price Trigger Yield

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Last updated 1 year ago

As mentioned earlier, the methods for asset minting and redemption during the adjustment phase have been altered to guide the AAR back to the safe range. Another adjustment method is the "Price Trigger Yield".

There are two ways --'Buy Low' and 'Sell High'

'Buy Low' means that users can stake USB and agree to buy ETH at a price lower than the market. Users will get a high yield during staking. When the ETH market price drops to the target, the staked USB will totally or partially be converted into ETH.

'Sell High' means that users can stake ETH and agree to sell ETH at a price higher than the market. Users will get a high yield during staking. When the ETH market price rises to the target, the staked ETH will totally or partially be converted into USB.

S-Vault does not have this feature.

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