Market and arbitrage

Economics explained

BIG token is a multichain token that is produced from minting. BIG has its organic market liquidity and is not backed by treasuries. The price of BIG hence, can be very volatile as well as differ from chain to chain. Users can benefit from speculative activities and arbitrage of BIG between chains. BIG ratio to BANG is always 1-1. dYEL is backed by the treasuries, therefore minimum value holders can always claim from the protocol. Nevertheless, the market price of dYEL may also differ, which opens another arbitrage opportunity. On top of that, considering that the index value of wrapping BANG to dYEL is changing along with rebasing rewards, there will be also an arbitrage opportunity between BIG market price and dYEL value.