RFV of sCOFFEE

RFV of sCOFFEE will be continuously increase caused by following factors:

Maximized Voting yields

80% of voting yields will all be converted to ETH and $COFFEE , RFV will be calculated in the formula : RFV = ( Total value of ETH + Total value of $COFFEE in RFVManager contract ) / totalSupply of sCOFFEE

Deflation of sCOFFEE

  1. redeem of sCOFFEE , every sCOFFEE redeemed will be burnt forever

  2. swap fees burnt 0.5%

  3. unstake fees burnt 0.5%

  4. although RFV might be diluted shortly by new mint of sCOFFEE from $COFFEE and veCOFFEE , but first of all , there is a dynamic fees to prevent new arbitrage mints to dilute the RFV , secondly , the intrinsiv value of each sCOFFEE will be promoted with new deposits of vote power which in turn will raise the RFV of each sCOFFEE in the long run

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