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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  1. Products
  2. Yield-Vault V2

Glossary

  • PT (Principal Token): Represents the principal capital of the yield trading product.

  • YT (Yield Token): Represents the yield portion of the yield trading product.

  • BT (Base Token): A standardized, wrapped version of the underlying asset.

  • Maturity: The time of the product's maturity.

  • Proportion: The ratio of PT assets in the pool.

  • Price: The exchange rate of BT to PT.

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Last updated 3 days ago