Tokenomics

TRY

TRY is the protocol’s main token. Users can lock TRY to receive gTRY which entitles them to protocol income and TRY rewards.

Supply

  • TRY token supply cap: 100,000,000

The supply cap won’t change unless a governance proposal for increasing the cap is initiated and passed. If the supply cap is voted to increase, the change should take effect after a 14-day time lock.

Locked-Staking

Users can lock TRY to obtain gTRY, period from 2 weeks to 4 years. The locked-staking is time-weighted, so longer time locks will be allocated with more distributed gTRY.

  • 1 TRY locked for 2 weeks = 0.009589 gTRY

  • 1 TRY locked for 1 month = 0.020548 gTRY

  • 1 TRY locked for 1 year = 0.25 gTRY

  • 1 TRY locked for 4 years = 1 gTRY

Token Address

  • (releasing soon)

gTRY

gTRY is the protocol governance token; with more gTRY comes more voting power on protocol governance. Users can obtain gTRY from locking TRY. Holding gTRY will grant users protocol income (protocol fees and TRY rewards). gTRY tokens are minted when users lock TRY and will be burnt as the lock time decreases.

gTRY tokens are non-transferable and only available on Sui.

Rewards

The protocol income collected from trading fees and DEX mining yield will be allocated to gTRY holders; please check the earning section for details.

TLP

TLP is the protocol’s liquidity provider token, which users can buy with assets allowed by the pool portfolio. After buying the tokens, users can stake them to earn protocol income (protocol fees and TRY rewards). Please check the Liquidity section for more detailed information.

Rewards

The protocol income collected from trading fees and DEX mining yield will be allocated to TLP stakers; please check the earning section for details.

Supply

There is no supply cap for TLP tokens. TLP tokens are minted when buy orders are filled, and burnt when sold.

Token Address

  • (releasing soon)

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