MINT
Last updated
Last updated
MINT is the secondary value accumulation strategy of RS tokens. Minters can mint RS tokens at the discounted price with RABBIT, RABBIT-LP and RS-LP in the boardroom. In this way, RS tokens can have their own liquidity and obtain more reserve assets, which will provide impetus for further price growth. Miners can receive RS token rewards during a certain lock-up period at a lower cost than the market.
MINT is an active short-term strategy. The price discovery mechanism in the secondary bond market makes bond discounts more or less unpredictable. Therefore, casting is considered a more active investment strategy and must be constantly monitored in order to obtain higher profits compared to mortgages.
The MINT allows RS tokens to accumulate and have their own liquidity, which is the Protocol owed Liquidity (POL) mechanism. More POLs ensure that there is always locked liquidity in the trading pool of RS tokens to promote market operation and protect token holders. In addition to providing additional certainty for RS investors, it is also possible to obtain more and more income from LP rewards to support the market operation of RS tokens.
For example
Steven minted 100 RS when the market price of RS token was 100 USD.
The minting cost is 85 USD, 5 days to unlock and release, the total cost is 8500 USD.
After 5 days, 100 RS was completely released to Steven, and the price of RS token is still 120 USD at this time.
Steven sold all the RS tokens and got 12,000 USD in return.