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Deployer
@deployer
fam, meet $PHAM live now, mint here: https://ham.fun/pham
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Matt π©ππ
@gk3345
How does pricing work? Is there a way to see value of the basket vs the token price? Any mechanism to keep it in line with underlying tokens?
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jon
@sweetleaf.eth
zaps like this work by buying all underlying tokens to an LP and then returning the index token (pham) to you price is kept in line through this mechanism, and by PHAM itself being a mechanism for arbitrageurs who can now utilize PHAM to swap between any of the underlying assets when price moves out of line
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artman πΌοΈπ§Ύππ©
@altanon
looks like the zap tx has 80+ txs in it for all the different tokens
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