MAYZ - Whitepaper V2
  • INTRODUCTION
    • What is MAYZ?
    • Why MAYZ?
    • How Does MAYZ Work?
      • Types of Members
      • Fund Creation Process
      • Escrow Service
    • Protocol Path
      • MVP
      • Release 1: Full Cardano
      • Release 2: Cross-Chain Goal
    • Token Types
      • MAYZ Utility & Governance Token
      • Fund Token
    • Tokenomics
      • Total Distribution
      • Vesting Schedule
  • MAYZ PROTOCOL
    • Technical Document
      • General Aspects
        • Mutual Funds
        • Liquidity Pools
      • Purpose of MAYZ Protocol
      • MAYZ Holders Community
      • Protocol Contract
        • Definition
        • Functioning
      • Fund Contract
        • Definition
        • Functioning
      • ADA/LP Swap Contract
        • Definition
        • Operation
      • Escrow Agreement
        • Definition
        • Operation
      • Investment Unit, LP and uLP Token
        • Definition
        • Decimals and fractions
        • Recommendations
        • ADA in the Investment Unit
        • Investment Unit, LP Token and uLP Token Value
      • Deposits in the Fund
      • Withdrawals from the Fund
      • Fund Re-Indexing
      • Commissions
        • Payment of Commissions
        • Charging Commissions
        • Recovering Fees
      • UTxOs of Deposits in the Fund
      • Oracle Contract
  • Cardano Fund
    • What is Cardano Fund?
      • Cardano Fund
      • Passive Investment Strategy
    • Why Cardano Fund?
      • Cardano Fund Vision
    • How Does the Cardano Fund Work?
      • Spects
      • Where to Start
  • MAYZ
    • Development Roadmap
    • Meet the Team
    • Funding Strategy
    • ISPO
    • Knowledge Base
      • Why Cardano?
      • What is a smart contract?
      • What is an Index?
      • What Is a Blockchain Oracle?
      • What is a Cross-Chain Bridge?
  • Links
    • Website
    • Twitter
    • Discord
    • Medium
  • BRAND KIT
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  1. MAYZ PROTOCOL
  2. Technical Document

Deposits in the Fund

Investors deposit certain amounts of tokens, depending on how many Investment Units they want to deposit.

Let's assume a Fund with the following Investment Units:

100 of Token A

4 of Token B

1 of Token C

If a User wanted to deposit 5,000,000 Investment Units, he would have to supply the Fund:

Token A = 5,000,000,000 UI * 100 = 500,000,000 of Token A

Token B = 5,000,000 UI * 4 = 20,000,000 of Token B

Token C = 5,000,000,000 UI * 1 = 5,000,000 of Token C

Tokens deposited in these proportions will become part of the underlying real assets of the Fund which will be held in the Deposit UTxOs at the address of the Fund Agreement.

The Investor will receive uLP in return. 5,000,000 uLP (5 LPs) will be minted, of which a portion will go as commissions paid, and the other portion is what the Investor will receive. See Commission Payment

The Total UI Deposited, Total Commissions Paid, and Total UTxO Deposit Fee must be updated for each deposit.

Withdrawals from the Fund

PreviousInvestment Unit, LP Token and uLP Token ValueNextWithdrawals from the Fund

Last updated 2 years ago