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Welcome to SYM Finance
  • What is SYM Finance
  • Why SYM?
  • Protocol overview
  • ⚙️Mechanism
    • symToken Minting Module
      • symToken
      • Mint Fee
    • Tidal AMM
      • Price
      • Tidal Force
    • Leverage Buyers
      • Fees
    • Leverage Providers
      • Liquidity Provision
      • Picking-off Protection
      • Mint Fee Sharing
      • Tidal Force Rewards
  • 💸Tokenomics
    • SYM Token
    • esSYM
    • Multiplier Point
  • 🧑‍🌾User Guide
    • WIP
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  1. Mechanism

symToken Minting Module

symToken Minting Module is a CDP (Collateralized Debt Position) protocol similar to the ones often seen in stablecoins, i.e., MakerDAO. It allows leverage buyers to deposit Token as collateral to mint symToken at maximum 80% LTV (Loan-to-value). To close a position, i.e., withdraw all collaterals, a user must repay all outstanding debt in symToken.

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Last updated 1 year ago

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