crate-token
| Crates.io | crate-token |
| lib.rs | crate-token |
| version | 0.6.0 |
| created_at | 2021-10-15 05:53:08.770256+00 |
| updated_at | 2022-04-23 19:48:21.795175+00 |
| description | Fractional ownership of a basket of fungible assets. |
| homepage | https://crate.so |
| repository | https://github.com/CrateProtocol/crate |
| max_upload_size | |
| id | 465262 |
| size | 25,002 |
Jen Zhang (kiwipepper)
documentation
README
crate-token
Program which allows users to create a token that is redeemable for its underlying assets.
This can be used for many use cases, including but not limited to:
- ETFs
- Composable Stablecoins
- Rewards distributions
Program Address: CRATwLpu6YZEeiVq9ajjxs61wPQ9f29s1UoQR9siJCRs
Protocol fees
Protocol fees are taken from the issue_fee and the withdraw_fee-- 20% of this fee goes to the Crate DAO, while the other 80% goes to the Crate's "author". These fees are set by the fee_setter and default to zero.
There are no fees if the Crate's consumer does not take any fees. We want Crate to be a common building block for any ETF-like protocol on the Solana blockchain.