FLY-Wheel
Leapfrogging RIBBIT to higher highs.
Last updated
Leapfrogging RIBBIT to higher highs.
Last updated
Rising RIBBIT Prices will cause Yield from depositing in the protocol to increase, therefore making it more attractive to deposit more funds. This in turn increases the size of the arbitrage opportunities between TKN and rTKN, therefore increasing protocol fees which would be used to push up the price of the tokens through a market buy and burn.