✨Token List

Tokens used in Palmy

TODO Token

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.

ibTokens

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.

Debt Tokens

Variable Debt Tokens (vdTokens)

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.