CryptoCurrencies
15828
Exchanges
497
Total Market Cap
3,669,487,913,849
Volume 24h
538,518,501,953
Dominance
BTC 51.68%   ETH 11.74%   XRP 3.97%   USDT 3.67%

APWine
APW

0.5985
$
116.64 %
Change 24h
Market Cap
$ 5,767,022
Volume 24h
$ 776,800
Circulating Supply
9,635,524
Total Supply
50,000,000
APW
$
# Exchange Pair Price Volume 24h

Description

APWine is a protocol to trade future yield. DeFi user can deposit their interest bearing tokens of other protocols during defined future periods and trade in advance the future yield that their funds will generate. APWine tokenises the future yield leveraging two types of tokens in that process: Future Yield Tokens (FYT) (ERC20): They represent the future yield generated by an asset on one platform for a defined period. For example, one 30D-AAVE-ADAI-0 represents the yield generated by 1 ADAI (a.k.a. one DAI deposited on AAVE) during the first 30 days period. APWine features a dedicated exchange for users to sell and buy FYTs. APWINE IBT (ERC20): The APWine interest bearing token. At any moment its holder can withdraw the corresponding depositing funds from the APWine protocol. APWINE IBT holders will receive an amount of FYT proportional of to the amount they hold (for the future the ibt corresponds to). One 30D-AAVE-ADAI represents one ADAI deposited to the ""30D-AAVE-DAI"" future.