Protocol Information

Y2K Finance is a suite of structured products designed for exotic peg derivatives, that will allow market participants the ability to robustly hedge or speculate on the risk of a particular pegged asset (or basket of pegged assets), deviating from their ‘fair implied market value’.

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:
Y2K V1: 5% of Hedge Vault deposits, 5% of Risk Vault deposits upon a depeg event and withdraw feesView code on GitHubY2K V2: Fees paid by usersView code on GitHub

Revenue:
Y2K V1: 5% of Hedge Vault deposits, 5% of Risk Vault deposits upon a depeg event and withdraw feesView code on GitHubY2K V2: Treasury and token holders revenueView code on GitHub

Perp Volume: Notional volume of all trades in the protocol, includes leverage

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

Yields