Dopex for Bonders

Users may bond $rDPX and/or $ETH in exchange for $rtETH, a yield-bearing synthetic $ETH derivative.

Bonding

There are multiple pathways depending on what token a user bonds in with.

User HoldsPathway

$rDPX and $ETH

Standard Bonding

$ETH only

Delegate Bonding

$rDPX only

Delegate Bonding

Once live, dbrDPX may be used to substitute for $rDPX during bonding.

Using $rtETH

$rtETH may be used for the following:

FunctionOutcome

Staking

Receives revenue from rDPX v2 and other rewards

rtETH/ETH LP

Trading fees, 5 DPX/day to pool

Redemption

Receive underlying $rDPX and $ETH

$rDPX may also be single-sided staked in exchange for rewards.

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