SPLP Token

SPLP is the liquidity provider token of perp contracts , the Liquidity providers earn 50% fees from perp trading function.

SPLP consists of an index of stablecoins . It can be minted using any index asset and burnt to redeem any index asset. The price for minting and redemption is calculated based on (total worth of assets in index including profits and losses of open positions) / (SPLP supply).