APWine Code Review
TM Rating: 76% |
Review date: May 16th, 2021 |
The APWine protocol locks funds to generate interests which are tokenized as futures, enabling a DeFi user to trade unrealised yield. While locking the interest bearing tokens during the period corresponding to the future, the protocol mints a number of future interest tokens that correspond to the amount of funds locked by the user. This token is tradable and will allow its holder to redeem the yield gathered by our smart contract at the expiration of a future. Market actors can therefore speculate in the future value of the yield of an asset.
At each future expiration, 1% of the generated yield is shared between all APW token holders. The token will also enable them to participate in the governance mechanisms of APWine. APW token is currently not trading but the team announced a Balance Liquidity bootstrapping event on 19th – 21st May.
To visit APWine official website, click here.
