Yield Markets
dToken is an interest-bearing aggregator, representing a pro-rata claim of a specific ERC20 token plus yields earned.
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dToken is an interest-bearing aggregator, representing a pro-rata claim of a specific ERC20 token plus yields earned.
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Users mint dToken to earn interest (i.e. deposit USDT and receive dUSDT in return). dToken can be transferred, traded, and redeemed at any time. dToken can attend to a variety of yielding protocols(i.e. Compound, Aave, etc.) and dForce PPP (Public-Private-Pool) (public pool for suppliers and private collateral pool accessible to verified borrowers only) for higher yield and better liquidity.
Users will receive dToken when they deposit a specific ERC20 token into the smart contract, which is redeemable at any time and represents a pro-rata claim of corresponding ERC20 token plus interest earned.