Time Based Tokens (TBTs)
The Incentive of Time Travel
TBTs (Time-Based Tokens) represent the time value of money for any digital asset.
When people stake into a Time Vault Strategy, Time-Based Tokens are minted. Each individual Time Vault Strategy has a uniquely assigned TBT.
- Example: Staking USDC into Aave v2 Time Vault Strategy mints the fUSDC TBT
- Example: Staking stETH into the Lido Time Vault Strategy mints the fstETH TBT
- Example: Staking ETH/DAI LP into the Uniswap Time Vault mints the ETH/DAI TBT
TBTs were previously referred to as "fTokens".