Y2B Finance is a suite of structured products designed for exotic peg derivatives, that will allow market participants the ability to robustly hedge or speculate on the risk of a particular pegged asset (or basket of pegged assets), deviating from their ‘fair implied market value’.
Y2B is a Fork of Y2K, inheriting all existing functions of the platform while being adjusted to match the volatility of the market.
Y2B features the following Products:
- Typhoon: Typhoon vaults redefine a core traditional Financial product, catastrophe bonds (CAT), while applying the primitive to a native DeFi setting. A CAT bond is an instrument that pays the issuer when a predefined disaster risk is realized, such as a hurricane or a earthquake. Typhoon uses the CAT bond concept but applies it to a de-peg event for stable coins, liquid wrappers and other derivative products in DeFi.
- Volcano: Volcano is the secondary market place that builds on top of Typhoon tokenized vaults. Since collateral is locked up for the duration of the vault cycle, this secondary market allows users to enter and exit positions in real time via its order book.
$Y2B token is the utility token of the Y2B ecosystem, shaping the direction of 2 flagship products.
