'Btoken' Trends

teeter is an DeFi derivative protocol, which uses structured fund model to create a robust USD-denominated Bond and a Leveraged Token based on spot of any token. In the teeter protocol, users can purchase funds of the senior tranche to get a fixed return on investment or purchase funds of the subordinated tranche to get x times return. The senior tranche is an A-grade USD-denominated bond which essentially guarantees the principal along with interest in most cases. The subordinated tranche is a leveraged token which can trade on other exchanges, should the user decide to do so. In the teeter protocol, the senior tranche issues what we call bTOKENs, while the subordinated tranche issues xTOKENs. The exact name of the token varies based upon the underlying asset.