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HODL tokens: the first step on every DeOrderBook journey
Upon entering the world of DeOrderBook, users need to first mint HODL tokens from the supported cryptocurrencies held in their wallet. At launch, DeOrderBook supports
$wBTC. Different cryptocurrencies mint different HODL token types.
Think of HODL tokens like tickets you'd get when you enter a carnival. Just as you'd use those tickets to play different games or claim prizes at the end, HODL tokens enable you to get your collateral onto DeOrderBook and start earning!
Shares of protocol fees are paid out in HODL tokens, which are directly redeemable for cold hard crypto!
Users can redeem HODL tokens for their related cryptocurrencies.
$USDCcan be redeemed with uHODL tokens, while
$wBTCcan be redeemed with bHODL tokens.\