Topic: How "Risk-Free Value (RFV)" works on Titano and its forks such as Safutitano? (Read 63 times)
April 17, 2022, 11:02:43 AM
Tried to go through the contract to understand it, i'm not a coder so I may be wrong, but it seems quite much that "RFV" is just the wallet that receive RFV fee... and contract actually doesn't do anything regarding that. i.e. if something is done with holdings, it's done manually or at least outside that contract.
April 17, 2022, 05:50:30 AM
I'm trying to understand logic on Titano and its forks such as Safutitano etc.
They all speak about "Risk-Free Value (RFV)" or similar, but no one explains it clearly or at least the way I can understand.
So, trying to figure out how the "Risk-Free Value (RFV)" wallet/mechanism actually works.
For example the whitepaper (https://safutitano.gitbook.io/safu-titano/risk-free-value-rfv) says:
"When the daily RFV gains are greater than or equal to all the Holders Daily ROI, this means that the Swap Threshold can fill the plus-value generated from the Rebase Rewards"
I don't understand what that actually means in practice
I.e., what happens when "RFV gains are greater than or equal to all the Holders Daily ROI"?
I understood that RFV receives 5% of transactions converted in BUSD But what the contract does with the funds or nothing automatically?
Does it mean that in this situation actually nothing happens, i.e. RFV wallet balance just grows?
Furthermore, the whitepaper says:
"If the daily RFV gains are lower than the Holders Daily ROI, a portion of the Treasury is added to fill the difference."
What happens in practice when "RFV gains are lower than the Holders Daily ROI"?
Does the contract transfer BUSD automatically from the "treasury" wallet to the RFV wallet or what?
Is anyone able to explain the "RFV" wallet and how it functions in clear words?
Here's the contract source
https://github.com/SafuTitanoSAFTI/SafuTitano/blob/main/SafuTitano.sol
They all speak about "Risk-Free Value (RFV)" or similar, but no one explains it clearly or at least the way I can understand.
So, trying to figure out how the "Risk-Free Value (RFV)" wallet/mechanism actually works.
For example the whitepaper (https://safutitano.gitbook.io/safu-titano/risk-free-value-rfv) says:
"When the daily RFV gains are greater than or equal to all the Holders Daily ROI, this means that the Swap Threshold can fill the plus-value generated from the Rebase Rewards"
I don't understand what that actually means in practice
I.e., what happens when "RFV gains are greater than or equal to all the Holders Daily ROI"?I understood that RFV receives 5% of transactions converted in BUSD But what the contract does with the funds or nothing automatically?
Does it mean that in this situation actually nothing happens, i.e. RFV wallet balance just grows?
Furthermore, the whitepaper says:
"If the daily RFV gains are lower than the Holders Daily ROI, a portion of the Treasury is added to fill the difference."
What happens in practice when "RFV gains are lower than the Holders Daily ROI"?
Does the contract transfer BUSD automatically from the "treasury" wallet to the RFV wallet or what?
Is anyone able to explain the "RFV" wallet and how it functions in clear words?
Here's the contract source
https://github.com/SafuTitanoSAFTI/SafuTitano/blob/main/SafuTitano.sol
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