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 Holds | Pathway |
---|---|
$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:
Function | Outcome |
---|---|
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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