Glossary

• PT (Principal Token): Represents the principal capital of the yield trading product.

• YT (Yield Token): Represents the yield portion of the yield trading product.

• BT (Base Token): A standardized, wrapped version of the underlying asset.

• Maturity: The time of the product's maturity.

• Proportion: The ratio of PT assets in the pool.

• Price: The exchange rate of BT to PT.