Tapir Cast of Characters

Protection Buyers (DP Holders)

Users who purchase DP (Depeg Protected) tokens to hedge against potential depegs. They seek to protect their yield-bearing assets.

Protection Sellers (YB Holders)

Users who purchase YB (Yield Boosted) tokens to earn premiums by underwriting depeg risk. They are willing to take on additional risk in the event of a depeg in exchange for higher returns.

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