Want to know how LT tokens can revolutionize cryptocurrency trading?
LT tokens can be used like any other token. You can freely trade them on decentralized exchanges (DEX) or centralized exchanges (CEX) with deployed liquidity.
Case Study:
1⃣The trading component of @mner_club is ltMNER.
2⃣Mner Club’s underlying revenue (BTC mining) is distributed as revenue.
3⃣Through Cicada’s LT-RT rebalancing mechanism, Mner Club uses its revenue to purchase ltMNER from the open market.
4⃣ltMNER purchased with Mner Club revenue will be taken out of circulation.
5⃣An equal amount of rtMNER will be minted and automatically distributed to all rtMNER holders.
❗️rtMNER <> ltMNER can be converted 1:1 between the two forms at any time.
What do you think of this token mechanism?