PT is essentially the same kind of staking, with a maximum term of 2 years and a fixed yield in LP in the form of a discount, received at the end of the epoch
The price can be anything right now. The TVL of this pool is tiny at the moment, probably less than $1 since I created it. So just wait until liquidity is added.
Right now, it’s simply a newly created pool with no liquidity.
The price can be anything right now. The TVL of this pool is tiny at the moment, probably less than $1 since I created it. So just wait until liquidity is added.
Right now, it’s simply a newly created pool with no liquidity.
It’s a combination of several derivative markets in one, which in BTCFi nobody knows how to properly price. Learn how to value assets and you’ll be able to profit from arbitrage opportunities
FIRE-PT differs from similar instruments in that it includes an early exit mechanism. Technically, selling PT is not an early exit; it is a transfer of the right to claim LP at the end of the epoch, which lasts two years.
The FIRE Orbital that retains the right to future yield also preserves the right to provide an early exit for PT holders during the epoch. As a result, we end up with multiple interconnected markets designed to stabilize the entire system, especially during periods of high volatility or, conversely, declining activity.