Coupons · below the peg
Tallies
The ledger
Total debt
—LSD
Debt ratio
—%
Coupons outstanding
—
Redeemable
—LSD
Coupons can go to zero.
Buying burns your LSD on the spot. Coupons only become redeemable again once the supply expands, and then only until that epoch's tranche runs out: first come, first served. Nothing guarantees you get there in time, and anything still unredeemed after 360 epochs is gone.
Purchase
Connect a wallet to purchase coupons.