TTSLA is programmatic, onchain monetary policy
If TTSLA is trading within 2.5% of the TSLA price (1:100), then it will be at the baseline APR of 3%
If the price of TTSLA deviates from the 1:100 peg, then the yield increases programmatically
The yield figures are all transparent and onchain. Check the chart in this video (and on the LeoStrategy docs) to see them for yourself
Key figures:
- If within 2.5% of TSLA price = 3% APR for hodling TTSLA
- If -2.5% to -5% of TSLA price = 5% APR for hodling TTSLA
- -5% to -7.5% = 6% APR
- -7.5% to -10% = 10% APR
- -10% to -12.5% = 15% APR
- -12.5% to -15% = 17.50% APR
- -15%+ = 20% APR
IF it reaches the highlighted (-10% deviation or higher), then optional token staking begin. Users can opt-in (totally up to the user's choice) and get enhanced APR for locking TTSLA in a 30d, 60d, or 90d bond. This reduces supply and helps regain the peg
