Flow Charts

Description of the different assets flowing through the system.

Yield Flow

Trading fees generated by the Uniswap V3 position.

Assets Flow When Bonding

After bonding their assets, the user waits for the accrual schedule to receive BLP Tokens. At any time during this process they can either cancel the bond and receive their initial deposit back or commit to the bond.

Exit Liquidity Flow

After ETH reaches $10K the protocol shuts down and all funds that were accrued to the Exit Bucket are distributed.

Depositors during the Bootstrap Phase receive their deposits in full.