Product Revenue Tokens (PRTs)
Overview
Product Revenue Tokens (PRTs) are freely transferable ERC-20 tokens that entitle holders to fees generated by an Index Coop product. PRTs are a mechanism to incentivize product-specific behaviour and gauge market sentiment about a product's commercial outlook.
Each PRT-enabled product will have a fixed supply of 10,000 PRTs specific to that product, each representing a proportional claim on that product’s revenue. The PRT holder must stake the PRT to claim the fees generated by a product; unstaked PRTs are not eligible to claim fees. PRT staking will be restricted to non-U.S. persons; more on this in the Staking Requirements section.
Participating in a Pre-sale
Pre-sale participants can earn incentives , often in the form of PRTs, by depositing to a product before it is launched. When a product is in the pre-sale process, the token has already been deployed onchain, however, it is not in it's final composition. Instead, the composition of the product will be a single asset such as wETH or USDC. After a successful pre-sale, the product will be rebalanced into the initial composition. Keeping the pre-sale composition to a single token reduces the gas cost for issuance and redemption.
To participate in a pre-sale, follow these steps:
Go to Index Coop's Pre-sale Page
Select the Pre-sale you want to deposit to
Choose the amount you want to deposit
Approve the deposit token
Deposit
Staking PRTs
coming soon
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