# Tetra World

By [0xmoonraker](https://paragraph.com/@0xmoonraker) · 2022-01-02

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![Right Gauntlet - JPEGd, Rocket Pool,  Frax, Spell Left Gauntlet - DOPEX, Redacted, Tribe, Convex](https://storage.googleapis.com/papyrus_images/5efd6ae082496d3357fda523155359eaa243c24bb11e58ea824dcb18b76a0348.jpg)

Right Gauntlet - JPEGd, Rocket Pool, Frax, Spell Left Gauntlet - DOPEX, Redacted, Tribe, Convex

### **JPEG’d: Defi Meets NFTs**

[Docs](https://medium.com/@jpegd)

Primitive:

NFDP ( Non-Fungible Debt Position)

Token:

JPEG (Governance)

Deposit CryptoPunk, Mint PUSd stablecoin while retaining Ownership

Cryptopunk goes from Static Investment → Yield-Earning Product

Custom Chainlink Price Feed quantifying Time-Weighted Average Price of NFT.

### **RocketPool: ETH Staking**

[Docs](https://docs.rocketpool.net/guides/)

Token:

rETH (Accrues Staking Rewards over time)

Deposit as little as 0.01 ETH, receive rETH liquid staking token.

Governance- RPL token

Further Decentralizes network of node operators.

### **Frax: Fractional-Algorithmic Stablecoin**

[Docs](https://docs.frax.finance/overview)

Tokens:

FRAX (Stablecoin)

FXS (Governance)

FRAX starts out 100% collateralized, and over time and increasing adoption stabilizes algorithmically.

FRAX value calculated by a time weighted average of ETH:USD. Allows FRAX to stay stable against the dollar itself.

FXS manages the following parameters: adding/adjusting collateral pools, adjusting various fees (like minting or redeeming), and refreshing the rate of the collateral ratio.

FXS is non-stable and accrues value alongside adoption and utility.

### **Spell: Collateralized Stablecoin with benefits**

[Docs](https://docs.abracadabra.money/)

Tokens:

SPELL (incentives)

sSPELL (fee-sharing + Governance)

MIM (stablecoin)

SPELL is a reward that incentives user’s to keep their interest bearing tokens within the Abracadabra Ecosystem.

sSPELL (staked SPELL) earn interest and borrow fees. Governance on the way.

MIM is a stablecoin backed by interest bearing tokens such as cvx3pool LP tokens. Repay the borrowed MIM to receive your LP.

### **Dopex: Decentralized Options**

[Docs](https://docs.dopex.io/)

Primitives:

Option Pools (provide base asset for option buyers (calls & puts)

Single Staking Option Vaults (lock tokens for yield from call option buyers)

Tokens:

DPX - vanilla governance and protocol fee accrual token

rDPX - rebate token - also used for protocol usage

### Redacted Cartel

[Docs](https://redacted-cartel.gitbook.io/redacted/welcome-to-the-cartel/perennial-usdbtrfly-thesis)

Token:

$BTRFLY - rebasing Governance token

DAO Treasury acts as a ‘blackhole’ for Governance tokens (gOHM, CRV, CVX) Cooperative to help grow Curve, Convex & others in tightening pegs, providing liquidity etc. Voting Efficiency as a Service (ve-aaS)

### Tribe

[Docs](https://docs.fei.money/)

### Curve

[Docs](https://resources.curve.fi/base-features/understanding-curve)

### Convex

[Docs](https://docs.convexfinance.com/convexfinance/general-information/why-convex)

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*Originally published on [0xmoonraker](https://paragraph.com/@0xmoonraker/tetra-world)*