If I sell my tRUSH on a DEX, does that remove collateral from the system?

No, not at all. Buying/Selling tRUSH on a DEX has zero impact on the total collateral backing the protocol.

How is the value of my collateral determined when minting?

The system uses Chainlink Price Feeds to get the real-time market value of accepted collateral assets. The amount of tRUSH you can mint is based on the U.S. dollar value of the collateral you deposit.

What happens to all the fees collected by the protocol?

All fees from minting, instant exits, and trading taxes are collected in the form of tRUSH tokens. They are then automatically transferred to a dedicated Treasury contract address.

What happens to the collateral that is deposited?

The protocol’s collateral is split between the Collateral Manager and the Yield Yak Strategy. A liquid portion is always kept on hand to support Instant Exits, while the rest is staked in a Yield Yak vault where it earns and compounds automatically — continuously increasing the overall collateral value behind tRUSH.

Does the Instant Exit cover all minted tRUSH?

Yes. The protocol is designed to always be fully collateralized. Every tRUSH in circulation was created by locking a corresponding value of collateral in the smart contract. This ensures there is always sufficient collateral for 100% of the tRUSH supply to be redeemed at any time.

What assets are accepted as collateral?

Initially, the only accepted collateral asset is USDC. However, the contract owner has the ability to add, remove, or change the types of accepted collateral in the future.

Why are there minting and exit fees?

These fees serve two primary functions for the health and security of the ecosystem. Firstly, they fund the Treasury, which is used to support the protocol's growth and reward token holders. Secondly, the fees act as a protective measure to deter spam transactions and prevent potential abuse of the system's mechanics.

Can the protocol be paused?

Yes, the contract owner has several safety controls. They can pause minting, pause the Instant Exit function, or execute an emergency pause that halts both functions simultaneously.

Can the fees be changed?

Yes. The contract owner has the authority to adjust all key parameters, including the Minting Fee, the Instant Exit Fee, and the Trading Tax. The initial minting rate is also adjustable by the owner.

Can we trade tRUSH?

Absolutely! tRUSH is exclusively traded with Pharaoh DEX. Users can also participate by providing their tRUSH and wETH into a liquidity pool, and earn rewards, and extra weekly incentives.