Fission Protocol

📄️ Fission Protocol

The Fission Protocol consists of the underlying smart contracts and

📄️ Mint

Navigate to Investments, click View Details for the token you

📄️ Provide Liquidity

The TECH Vault accepts user deposits in the form of USDC and TECH. It

Users may mint TVLT tokens by depositing TECH and USDC: the TECH Vault in turn deposits TECH and USDC into the TECH/USDC liquidity pool on the Fission DEX and receives an LP token to represent this position. These positions are controlled algorithmically with position parameters based on off-chain NAV data for the TECH token. The TECH Vault share price is calculated by assessing the value of each asset in the vault and dividing it by the number of shares. The secondary trading price is used to calculate the value for TECH and USDC. When a mint or redemption occurs, the TECH Vault price per share is unaffected. TECH Vault depositors are incentivized to provide liquidity in a rational range based on fundamental value through governance token rewards distribution, FISN.

📄️ Redeem Vault

When users want to exit their TECH Vault position, they may redeem their TVLT tokens at will. The TECH Vault will return to users their pro-rata share of TECH and USDC in the vault, according to the current proportions of those assets held. The Vault will liquidate its TECH/USDC LP positions as needed, converting them to TECH and USDC, before returning these assets to the redeeming user.

📄️ NAV-Bound Stability

While the Fission DEX employs an automated market maker (AMM) algorithm, that AMM is not the sole determinant of price movement. The AMM can only facilitate trades within the price range of the liquidity provided, which allows the TECH Vault to concentrate the price of TECH with the bounds of its liquidity provisioning.

📄️ Lend/Borrow

Coming soon...