Treasury Price Index
Last updated
Last updated
The is a metric for the stablecoin backing per TEMPLE token. TPI tracks the stable backing per TEMPLE through our innovative "TPI Drip" mechanic. Over time, as we reap the harvest from stablecoin farming and other Treasury activities, the TPI will grow accordingly.
TempleDAO utilises a novel AMO (Algorithmic Market Operation) liquidity manager called to support TEMPLE price at a level no lower than its TPI metric.
The Treasury also holds volatile assets which are not included in TPI. These volatile holdings are periodically directed to the as appropriate.
