ETF
ETF
When users participate in Bonstake, Novai Finance allocates 20% of assets to create an ETF fund. Novai Finance buys a basket of assets as collateral to ensure the value of $Novai. If the user's withdrawal in USDT is less than the amount at the time of Bonstake, the ETF automatically triggers a liquidation process. Specifically, when the asset price increases fourfold, the contract unlocks the user's assets, converting them into $Novai and transferring them to the user's wallet. The current ETF asset composition is:
30% $Novai
20% $BTC
30% $ORDI
20% $SATS
Last updated