📝Delta TOKEN (Yield)

Delta-TABBY is a yield token on the blockchain that is that measures the increase of gold value. It can be converted to TABBY at any time.

Main Token

Token Feature	Answer
Token Symbol	USDee
Minting Process	Quarterly
Burn Process	OnDemand with conversion to TABBY.
Deflationary Coin	No
Technology	Blockchain (by E-TABBY) with interface to public.
Issuing Value	Calculated based on gold's value increase (see below)
Gas fees	0.5% for converting to TABBY
Type of Coin	Yield
Underlying Asset	Physical Gold Performance
Payout of Performance	50%

Gold Performance Calculation

We calculate the yield based on central conditions:

• Gold sell price (price we could sell the gold) at reference date

• Gold sell price on purchase date

• Average holdings of TABBY per wallet during the reference period, considering:

  • TABBY on wallet

  • TABBY purchased

  • TABBY used or converted

Extremely simplified example:

• a user has an average TABBY holdings on his wallet of 400 TABBY

• Gold has beed purchased for (a sell price of) $1000 USD

• At reference date the gold has a sell price of $1050 USD

• The TABBY gold performance is now 5%.

• 2,5% is paid out in DTBY to wallet.

• The user has now 410 TABBY on his wallet (this is $410 USD in this example).