✨Token List
Tokens used in Palmy
Last updated
Tokens used in Palmy
Last updated
PLMY
PLMY is a TODO token of Palmy Finance. It will be tradeable after the token generation event. All features can be found in the PLMY section.
lTokens (liquidity Tokens)
The lTokens are interest-bearing derivative tokens that are minted and burned upon deposits and redemptions. For example, when depositing WETH, the user receives lWETH as collateral.
The vdTokens are debt tokens that are minted and burned upon borrowing and repaying. For instance, when borrowing WETH with variable interest, the user receives vdWETH as debt.