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Equations

Backing per LOOP Token

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LOOPTokenbacking=treasuryBalancestablecoin+treasuryBalanceotherAssetsLOOP Token _{backing} = treasuryBalance_{stablecoin} + treasuryBalance_{otherAssets}
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Every LOOP Token in circulation is backed by the treasury. The assets in the treasury can be divided into two categories: stablecoin and non-stablecoin.
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treasuryBalancestablecoin=TreasuryTreasurywallet+TreasurylptreasuryBalance_{stablecoin} = Treasury_{Treasurywallet} + Treasury_{lp}
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The stablecoin balance in the treasury grows when transacations occur, thanks to the taxation system. More info: Treasury.