Wand
  • ⚖️Background
  • Products
    • IP-Vault
      • Principal Token
      • Yield Token
      • Dutch-VAMM
    • Yield-Vault V2
      • Glossary
      • Innovations
      • User Interaction
      • Product Description
        • Single-Asset Liquidity Pool
        • Liquidity Provision
        • Pricing Mechanism
        • Implied APY
      • Renewable Liquidity
      • Zero Liquidity Bootstrap
    • Collateral-Vault
      • Core Concept
        • 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
      • Guide 101
        • What can I do with Wand?
        • How to obtain xToken and USB?
        • FAQ
  • 🪙TOKENOMIC
    • Coming soon
  • --------Archived--------
    • Blast Campaign
      • Basic Rules
      • Blast Points
      • Blast Gold
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  2. Collateral-Vault

Core Concept

In the standard CDP model, the collateral you provide is limited to producing stablecoins like DAI. Wand, on the other hand, diversifies the potential of your collateral, allowing it to create two distinct asset types:

  • USB — Stablecoin;

  • xToken — Margin Token, signifying your long position in the respective collateral.

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Last updated 3 days ago