FBX
This Vault works on top of the Elemental Particles Vault. It uses its mechanics to generate yield on FBX without burning FBX directly or regularly claiming rewards, automatically compounding interests.
The Vault receives the deposited FBX and regularly acquires and stakes new EPs to produce yield and claim new FBX. It can buy the new EPs directly from the secondary market if their price is under 300 or mint new ones.
The Vault tends to a 50/50 distribution between the valuation of all its FBX and EPs, ensuring it has enough liquidity to fulfill entries and exits.
It internally values EPs at 270 times their current daily rewards.
FBX Vault
Last modified 13d ago