Naming Conventions
The following provides insight into the naming conventions behind SaveTokens
Last updated
The following provides insight into the naming conventions behind SaveTokens
Last updated
The SaveToken protocol makes it easy to create a SaveToken that wraps any interest-bearing asset token with any insurance token by depositing any given underlying token (e.g., DAI, USDC, USDT, etc).
The SaveToken protocol is meant to be as flexible as possible. Naming conventions are meant to highlight the different variations of SaveTokens including their asset and insurance token pairings as well as the insurance coverage expiration dates.
The convention is as follows:
{ SaveUnderlyingToken }{ Asset Token Protocol }{ Insurance Token Protocol }_ { Coverage Expiration Date }
In the example SaveDAI
SaveToken below:
DAI
is the underlying token deposited to mint SaveDAI
Aave is the asset token protocol used to obtain the interest-bearing aDAI
asset
Cover is the insurance token protocol used to obtain CLAIM
tokens and protect the underlying aDAI
asset
The coverage from the CLAIM
tokens expires on September 1st, 2022.
Similarly, the convention used for SaveToken symbols is as follows:
{ SaveUnderlyingToken }_{ Coverage Expiration Date }
In the example SaveDAI
SaveToken:
SaveToken
Underlying
Interest-Bearing Token
Insurance Token
SaveDAI_Aave_Cover_Expires_1_Sep_2022
DAI
aDAI
CLAIM
SaveToken
Symbol
SaveDAI_Aave_Cover_Expires_1_Sep_2022
SaveDAI_SEP2022