Basket Token

The collateral backing the stablecoin are sourced from a Balancer pool. The reason we use Balancer for our basket is that it does automatic dollar cost averaging. The percentages of each token held in the basket can be changed. By sourcing our tokens from a Balancer Pool and holding a percent of the liquidity pool in our treasury, we are able to benefit from trades through trading fees.

Trading fees are earned based on the tokens in the Balancer Pool. As of 6/19/23 for 1 of the token pairs that will be in our pool Vita DAO and WETH- there's a 28.18% - 69.81% APR. Around .43% of this comes from trading fees and the rest comes from Balancer Staking Incentives. We will work with Balancer to have our token pool be approved for staking incentives.