Tokenized TSLA (TTSLA) is TSLA Exposure onchain
Each 1 share of TTSLA represents 1/100th of TSLA
For example, if TSLA is $420, TTSLA will be ~$4.20
TTSLA's correlation to TSLA is driven by a policy-peg. There is a yield for TTSLA holders and that yield is paid daily. The amount of yield is set weekly via "policy meetings" every Monday at 0:00 UTC
If TTSLA trades lower than TSLA, then the yield increases to drive demand
Read the docs here -> https://inleo.io/@leostrategy/ttsla-documentation-predictable-onchain-rate-policy-to-govern-a-tsla-peg-k6y?referral=leostrategy