Introduction
Last updated
Last updated
Spice Bazaar is a unique secondary marketplace for the volatile holdings in the Temple Treasury. These holdings may include reward tokens from yield farming activities, liquidity bootstrapping as well as vested tokens from our Partners.
The key to the Spice Bazaar is a fair Auction mechanic that drives cash flow to the Treasury in a sustainable manner through the offering of Temple Gold (TGLD), while mitigating price pressure on Partner tokens and promoting further cooperation.
By earning Temple Gold through staking or bidding, both TEMPLE holders and non-holders to transact directly with the Temple Treasury in an exchange of assets where all users can:
Bid USDS for Temple Gold (TGLD)
Bid TGLD for SPICE