Want to earn passive yield without locking up your tokens?
RT-Tokens are the yield generating component of the Cicada Protocol. By holding rtTOKENs in your wallet, you will receive real yield without the need to lock or stake your rtTOKENs.
Case Study
1⃣The yield component of @mner_club
is rtMNER (formerly named r2MNER)
2⃣Mner Club's underlying revenue (BTC Mining) is distributed as yield.
3⃣Through Cicada's LT-RT Rebalance Mechanism, Mner Club use its revenue to purchase ltMNER from the open market.
4⃣ltMNER purchased by Mner Club's revenue are taken OUT of circulation.
5⃣An equal amount of rtMNER is minted and automatically distributed to all the holders of rtMNER.
‼️rtMNER <> ltMNER can be converted between the two forms 1:1 at anytime.
LT-TOKEN or RT-TOKEN, which form will you choose to hold?