eBTC - eETH | Inverse Large Cap Assets
Using similar mint mechanics as eTY and eITY, one can mint two separate large-cap inverse hedges using ISA. Rather than opening a leveraged farm to short either BTC or ETH, you can create a synthetic asset that inversely follows the price action of the underlying token with a click of a button. As such, you can collect a higher yield rate over time upon selling them to the Treasury, decreasing your overall risk of holding either the inverse or underlying asset. We will add additional large-cap tokens in the future once our platform achieves a more robust Treasury. The community can also decide these additions through future governance.
A total of 35 eBTC and 475 eETH will be permitted to be minted initially.