LogoLogo
  • Exchequer Protocol Overview
  • Protocol Concepts
    • Downside Protection
    • Liquidity Note
    • Fixed Price Sale / Auction
    • Yield Distribution
    • Upside Boost
    • Redemption
  • Note Types
    • Liquidity Note
    • Convertible Note
    • Incentive Note
  • Note Features
    • Note Types
    • Maturity
    • Upside Boost
    • Downside Protection
    • Safety Margin
    • Boosted Yield
    • 7-Day Yield
    • Time Left
    • Underlying Token
    • Pay Token
    • Protection Status
    • Collateral Dex
    • Note Price
    • Project Obligation
    • Collateral (LP) Gain/Loss
  • Offering Features
    • Signaled Interest
    • Term
    • Offering Size
    • Issue Size
    • Funding Progress
    • Liquidity Created
    • Sale Duration
    • Offering Type
    • Offering Price
    • Note Quantity
  • Signaling Features
    • Intended Investment
    • Signal Interest
  • Redemption Features
    • Note Extension
    • Note Redemption
  • Whitepapers/Research
  • Glossary
  • Integrate with Exchequer
    • Integrate with Exchequer
  • APIs
    • Exchequer Subgraph
Powered by GitBook
On this page

Was this helpful?

  1. Note Features

Underlying Token

The underlying token is the cryptocurrency that the Liquidity Note is designed to support by increasing its market liquidity.

Project Contribution: The cryptocurrency project will typically contributes a certain amount of the underlying token from its treasury to underwrite the liquidity note.

Liquidity Pair Formation: The underlying token forms one half of the liquidity pair in the liquidity pool (the other half being the pay token).

Impact on Investment: The performance of the underlying token affects the value of the Liquidity Note, influencing potential upside gains and the activation of downside protection.

PreviousTime LeftNextPay Token

Last updated 7 months ago

Was this helpful?