Portfolio Backed Currency
Tiny derives its value from a diverse portfolio of assets, view assets and learn more below
Portfolio Backed Currency
Tiny derives its value from a diverse portfolio of assets, view assets and learn more below
Price Discovery Tools
How to evaluate Tiny's Value
Asset Backed
Much like a investment fund or ETF, every token of Tiny represents an equal share of a divers portfolio of assets. This makes Tiny easier to Value then other currencies
Market Cap vs NAV
Market Cap is token supply times current price. "Net Asset Value" (NAV) can be viewed above and is the total of all assets in the portfolio. The target ratio between Market Cap and NAV is 1to1
How price is kept inline with NAV
Similar to a stable coin, if Tiny is overvalued investors may choose to sell Tiny and hold the underlining assets. Conversely if Tiny is undervalued investors may sell assets to buy Tiny. TinyAssets if necessary can also mint more supply to meet demand or use cash flows to buy back supply. This process is called creation and redemption, this mechanism of arbitrage tends to keep the price close to the NAV overtime