AladdinDAO
  • Aladdin DAO Project
    • Contracts
  • Concentrator
    • asdPENDLE Vaults
    • aCRV(IFO) Vaults
    • aFXS Vaults
    • afrxETH Vaults
    • asdCRV Vaults
    • abcCVX Vaults
    • aCVX Vaults
    • Legacy Vaults
    • Harvester
    • Concentrator Tutorial
      • Deposit & Withdraw
      • How to get CTR/aCRV LP
      • How to get aCRV
      • How to get CRV or cvxCRV
    • Contracts
    • CTR Tokenomics
  • CLever
    • The CLever
    • The Furnace
    • Contracts
  • Aladdin DAO V2 Overview
    • AladdinDAO Roles
    • Vaults
    • Bonding
    • Staking
    • POL
    • Token Distribution
    • Contract Addresses
    • Aladdin DAO Tutorials
      • Bonding
      • Vaulting
      • Staking
  • Security Bounty💰
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  1. f(x) Protocol

Why f(x)?

f(x) Protocol is built to create a symbiotic system that decomposes ETH into two useful tokens.

For fETH, the goal is to produce a low volatility token which:

  1. Is fully decentralized and Ethereum-native;

  2. Minimizes volatility while retaining a small exposure to the market;

  3. Can be minted and redeemed instantly in direct response to stablecoin demand;

  4. Has maximum liquidity depth based on a multiple of demand for xETH, rather than a fraction of demand for CDPs.

Specifically for xETH, we create a leveraged long ETH token which:

  1. Is fully decentralized and Ethereum-native;

  2. Is composable, with liquidity on-chain;

  3. Has an extremely low risk of liquidation.

Last updated 10 months ago

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