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Minting - For the Winners
Top Fi DAO's secondary value accrual approach is called minting. Top Fi DAO can acquire its own liquidity and other reserve assets, such as USDC, by issuing $TOP at a discount in exchange for these assets. The protocol quotes the minter on conditions such as the mint price, the number of $TOP tokens the minter is entitled to, and the vesting duration. The minter can claim some of the rewards ($TOP tokens) as they vest, and the whole amount will be claimable at the conclusion of the vesting term.
Minting is a short-term, active tactic. The secondary mint market's price discovery mechanism makes mint discounts more or less unexpected. As a result, minting is considered a more active investing method that must be regularly examined in order to be more lucrative than staking.
Top Fi DAO can accumulate its own liquidity through minting. We refer to our own liquidity as POL. More POL guarantees that our trading pools always have locked exit liquidity to assist market operations and safeguard token holders. Since Top Fi DAO has become its own market, the protocol has accrued an increasing amount of income via LP awards, expanding our collateral pool.