Why should I mint sCOFFEE

  • veCOFFEE and COFFEE holders can mint the corresponding amount of sCOFFEE based on a baseRate (10% for veCOFFEE, 1% for COFFEE) + fees (dyanamically based on demand , 0% during the bootstrap period).

  • The deposited veCOFFEE and COFFEE are permanently locked in the ArkRocket contract. sCOFFEE is an ERC20 token that automatically captures profits from voting, staking, and fees, continuously enhancing its RFV (Reserve Fund Value).

  • Users can redeem sCOFFEE back to the respective amount of COFFEE or based on its RFV value (to blue-chip tokens like ETH). For veCOFFEE holders, this means obtaining exit liquidity at a certain discount (10%+1%+mint fees) while also capturing the continuously increasing RFV. COFFEE holders can secure ongoing staking profits from sCOFFEE (unstaking fees, $ARKR rewards), potential arbitrage profits from the sCOFFEE/COFFEE pair, and farming profits, all while ensuring liquidity is unaffected (only a 1% minting fee).

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