Overview

At CaviarNine we have big aspirations that's why we have several tokens!

Our FLOOP and CAVIAR tokens are associated with our different DeFi products and serve as utility and DAO tokens for them as follows.

All current LIVE products are part of the FLOOP ecosystem

The FLOOP token:

  • Aggregator

  • LSU Pools

  • Limit Orders

  • Shape Liquidity

There are currently no LIVE products for the planned CAVIAR ecosystem. We plan to build future product for this ecosystem once we have finished delivery of the Surge product.

The CAVIAR token:

  • Some Future derivative and structure products we may build.

The CaviarNine Bridge:

FLOOP and CAVIAR were minted prior to the Babylon upgrade and the start of dApps on Radix. Holders of such legacy tokens are able to bridge them 1:1 to the Babylon versions that power our products.

The FLOOP and CAVIAR (one-way) bridges are hosted at caviarnine.com. The new Babylon FLOOP and CAVIAR tokens have two key differences:

  • They are burnable (by anyone)

  • We can update the metadata like name and description (if needed)

As per usual their supply remains unchanged and the are NOT mintable. The bridge mints the entire supply on initialisation and allows old for new forever.

Do I have to bridge CAVIAR or FLOOP?

Nope! You certainly don't have to at all. In fact some people might want to keep the legacy tokens as collector items though they will not have any future utility like their Babylon equivalents.

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