3sdCRV
Token details.
Name: 3sdCRV
Type: SafeERC-20.
Hard Cap: Defined by underlying deposit asset.
Overview.
Deposit receipt for sdCRV deposited into the sdCRV compound deposit pool.
Issuance.
3sdCRV receipts are minted and issued by the sdCRV Deposit Pool on receipt of the said asset into the deposit contract. Receipts are issued 1:1 against deposited assets and may be redeemed 1:1 against the same deposited asset.
Deposits received by this pool are routed through to StakeDAO.org and staked in Stake DAO's CRV locker. (3 does not impose any further time based restrictions).
3 actively purchases SDT tokens which are permanently locked to boost sdCRV deposits.
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