...
This commit is contained in:
@@ -24,20 +24,20 @@ graph TB
|
||||
subgraph Internal["ThreeFold Ecosystem"]
|
||||
TFT_LOCKED[🔒 Locked TFT]
|
||||
CC[💎 Cloud Credits CC]
|
||||
TFTF[📊 TFT Future TFTF]
|
||||
TFP[📊 TFP TFP]
|
||||
|
||||
POOL1["Pool 1: TFT → CC<br/>(One-Way Entry)"]
|
||||
POOL2["Pool 2: CC ↔ TFTF<br/>(Internal Trading)"]
|
||||
POOL3["Pool 3: TFTF ↔ USDC<br/>(Controlled Exit)"]
|
||||
POOL2["Pool 2: CC ↔ TFP<br/>(Internal Trading)"]
|
||||
POOL3["Pool 3: TFP ↔ USDC<br/>(Controlled Exit)"]
|
||||
end
|
||||
|
||||
TFT_MARKET -->|Buy TFT| POOL1
|
||||
POOL1 -->|Lock TFT<br/>Mint CC| CC
|
||||
|
||||
CC <-->|Convert| POOL2
|
||||
POOL2 <-->|Based on TFT price| TFTF
|
||||
POOL2 <-->|Based on TFT price| TFP
|
||||
|
||||
TFTF <-->|Dutch Auction<br/>5% cap, 20% discount| POOL3
|
||||
TFP <-->|Dutch Auction<br/>5% cap, 20% discount| POOL3
|
||||
POOL3 <-->|Controlled bridge| FIAT
|
||||
|
||||
style POOL1 fill:#e1f5ff
|
||||
@@ -71,14 +71,14 @@ Your CC is pegged to gold (~$0.128 per CC as of Oct 2024)
|
||||
|
||||
---
|
||||
|
||||
### 2. Internal Movement (Pool 2: CC ↔ TFTF)
|
||||
### 2. Internal Movement (Pool 2: CC ↔ TFP)
|
||||
|
||||
**What it does**: Lets you maintain TFT exposure while holding stable CC
|
||||
|
||||
**How it works**:
|
||||
- You earn CC from farming or have CC from services
|
||||
- You can convert CC to TFTF (TFT Future) based on current TFT market price
|
||||
- TFTF represents a claim on TFT value without holding actual TFT
|
||||
- You can convert CC to TFP based on current TFT market price
|
||||
- TFP represents a claim on TFT value without holding actual TFT
|
||||
- You can convert back to CC when needed
|
||||
|
||||
**Key point**: This allows you to **participate in TFT upside** without immediately exiting to fiat.
|
||||
@@ -87,14 +87,14 @@ Your CC is pegged to gold (~$0.128 per CC as of Oct 2024)
|
||||
```
|
||||
You earned: 500 CC from farming
|
||||
TFT market price: $0.10
|
||||
You convert → 500 CC becomes 5,000 TFTF
|
||||
If TFT rises to $0.15, your TFTF value increases
|
||||
You convert → 500 CC becomes 5,000 TFP
|
||||
If TFT rises to $0.15, your TFP value increases
|
||||
You can convert back to CC at any time
|
||||
```
|
||||
|
||||
---
|
||||
|
||||
### 3. Exit to Fiat (Pool 3: TFTF ↔ USDC)
|
||||
### 3. Exit to Fiat (Pool 3: TFP ↔ USDC)
|
||||
|
||||
**What it does**: Provides a controlled bridge to cash out to fiat currency
|
||||
|
||||
@@ -108,7 +108,7 @@ You can convert back to CC at any time
|
||||
|
||||
**Example**:
|
||||
```
|
||||
You want to exit: 10,000 TFTF (worth ~$1,000)
|
||||
You want to exit: 10,000 TFP (worth ~$1,000)
|
||||
You're willing to accept: 20% discount minimum
|
||||
Others bid: 15%, 18%, 22%, 25%, 30%
|
||||
Clearing price: 22% (your bid gets filled)
|
||||
@@ -140,8 +140,8 @@ graph LR
|
||||
A[User Needs] --> B{What do you need?}
|
||||
|
||||
B -->|Stable pricing for services| P1[Pool 1: TFT→CC<br/>Get stable credits]
|
||||
B -->|Keep TFT upside exposure| P2[Pool 2: CC↔TFTF<br/>Maintain position]
|
||||
B -->|Cash out for operations| P3[Pool 3: TFTF→USDC<br/>Controlled exit]
|
||||
B -->|Keep TFT upside exposure| P2[Pool 2: CC↔TFP<br/>Maintain position]
|
||||
B -->|Cash out for operations| P3[Pool 3: TFP→USDC<br/>Controlled exit]
|
||||
|
||||
style P1 fill:#e1f5ff
|
||||
style P2 fill:#fff4e1
|
||||
@@ -152,7 +152,7 @@ graph LR
|
||||
Gives you predictable pricing for cloud services without exposure to TFT volatility.
|
||||
|
||||
### Pool 2: Flexibility
|
||||
Allows you to move between stable CC and TFT-linked TFTF based on your market outlook.
|
||||
Allows you to move between stable CC and TFT-linked TFP based on your market outlook.
|
||||
|
||||
### Pool 3: Liquidity
|
||||
Provides real fiat exit when needed, with controls that protect all participants.
|
||||
@@ -171,15 +171,15 @@ graph TD
|
||||
|
||||
USE -->|Spend on services| SERVICES[☁️ Use ThreeFold Cloud]
|
||||
USE -->|Hold as stable value| HOLD[💎 Keep CC]
|
||||
USE -->|Want TFT exposure| CONVERT[Convert to TFTF in Pool 2]
|
||||
USE -->|Want TFT exposure| CONVERT[Convert to TFP in Pool 2]
|
||||
|
||||
SERVICES --> BURN[CC Burned by Network]
|
||||
HOLD --> WAIT[Wait for opportunities]
|
||||
CONVERT --> TFTF_HOLD[Hold TFTF Position]
|
||||
CONVERT --> TFP_HOLD[Hold TFP Position]
|
||||
|
||||
TFTF_HOLD --> TFTF_USE{What next?}
|
||||
TFTF_USE -->|Need stability again| BACK[Back to CC in Pool 2]
|
||||
TFTF_USE -->|Need fiat| EXIT[Enter Pool 3 Dutch Auction]
|
||||
TFP_HOLD --> TFP_USE{What next?}
|
||||
TFP_USE -->|Need stability again| BACK[Back to CC in Pool 2]
|
||||
TFP_USE -->|Need fiat| EXIT[Enter Pool 3 Dutch Auction]
|
||||
|
||||
EXIT --> BID[Submit bid with discount]
|
||||
BID --> AUCTION{Bid filled?}
|
||||
@@ -226,8 +226,8 @@ graph TD
|
||||
<summary><strong>Can I get my TFT back immediately?</strong></summary>
|
||||
|
||||
Not instantly. You need to:
|
||||
1. Convert CC to TFTF (Pool 2)
|
||||
2. Exit TFTF via Dutch auction (Pool 3) to USDC
|
||||
1. Convert CC to TFP (Pool 2)
|
||||
2. Exit TFP via Dutch auction (Pool 3) to USDC
|
||||
3. Buy TFT on the market with USDC if you want TFT again
|
||||
|
||||
The original TFT you deposited is locked to back the CC that was minted.
|
||||
@@ -239,13 +239,13 @@ The original TFT you deposited is locked to back the CC that was minted.
|
||||
Perfect! Just keep your earnings in CC. You get:
|
||||
- Stable value (pegged to gold)
|
||||
- No exposure to TFT market swings
|
||||
- Ability to convert to TFTF later if you want upside
|
||||
- Ability to convert to TFP later if you want upside
|
||||
</details>
|
||||
|
||||
<details>
|
||||
<summary><strong>How do I benefit from TFT price increases?</strong></summary>
|
||||
|
||||
Convert your CC to TFTF in Pool 2. TFTF value tracks TFT market price, so if TFT goes up, your TFTF position becomes more valuable in CC or USDC terms.
|
||||
Convert your CC to TFP in Pool 2. TFP value tracks TFT market price, so if TFT goes up, your TFP position becomes more valuable in CC or USDC terms.
|
||||
</details>
|
||||
|
||||
<details>
|
||||
@@ -266,17 +266,17 @@ Fundamentally different. Traditional AMMs use value-weighted pools with instant
|
||||
|
||||
Now that you understand the overall flow, dive deeper:
|
||||
|
||||
1. **[Token System](/core-concepts/token-system)** - Understand TFT, CC, and TFTF roles
|
||||
2. **[Position-Based Liquidity Pools](/core-concepts/position-based-lp)** - Learn why this approach is fair
|
||||
3. **[Dutch Auction Exit](/core-concepts/dutch-auction-exit)** - See exactly how exits work with examples
|
||||
4. **[Yin-Yang Currency](/core-concepts/yin-yang-currency)** - The philosophy behind dual tokens
|
||||
1. **[Token System](/core-concepts/token-system)** - Understand TFT, CC, and TFP roles
|
||||
2. **[Position-Based Liquidity Pools](/roadmap/position-based-lp)** - Learn why this approach is fair
|
||||
3. **[Dutch Auction Exit](/roadmap/dutch-auction-exit)** - See exactly how exits work with examples
|
||||
4. **[Yin-Yang Currency](/appendix/yin-yang-currency)** - The philosophy behind dual tokens
|
||||
|
||||
---
|
||||
|
||||
:::tip Simplified Summary
|
||||
- **Pool 1**: Get in (TFT → CC)
|
||||
- **Pool 2**: Move around (CC ↔ TFTF)
|
||||
- **Pool 3**: Get out (TFTF → USDC)
|
||||
- **Pool 2**: Move around (CC ↔ TFP)
|
||||
- **Pool 3**: Get out (TFP → USDC)
|
||||
|
||||
All three work together to give you **stability**, **flexibility**, and **controlled liquidity**.
|
||||
:::
|
||||
|
||||
Reference in New Issue
Block a user