ETF Tokens
Understanding Exclusive ETF Tokens as XRC1404 Tokens
ETF tokens in Circularity Finance are based on the ERC1404 standard on the XDC Network, which is a specialized token standard allowing for more controlled and compliant token transfers.
Representation of Diverse Assets: These ETF tokens represent ownership in a diversified portfolio of assets within the MMF, including both digital assets and unique items like Carbon Credit Certificates.
Value of REFI Tokens: The value of REFI tokens is intricately linked to the total value held within the MMF's ETF basket of assets. As more assets are liquidated and added to the basket, the intrinsic value of REFI tokens is impacted, reflecting the growing asset base.
Assets Held in the Vaults
The assets within the ERC4626 Vaults under Circularity Finance's control are diverse, reflecting the platform's broad investment strategy and its commitment to sustainability.
Digital Assets: These can include cryptocurrencies like BTC, XDC, ETH, and others, providing a digital asset base that aligns with the platform's DeFi nature.
Carbon Credit Certificates: These are unique assets representing validated positive climate actions. Including these in the vaults underscores the platform's commitment to environmental sustainability and adds a novel asset class to the DeFi space.
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