o33 Token

Discover o33, Thirdfy's liquid staking token that auto-compounds rewards from the o(3,3) system.

Quick Start (TL;DR)

o33 in 30 seconds: Mint o33 with xTFY → Hold your vault shares → Value increases from auto-compounded protocol revenue rebases + voting rewards + exit penalties. No voting, claiming, or management needed!

Simplify with o33

Want to automate your DeFi journey and let rewards run on autopilot? o33 is your answer. If you hold xTFY, minting o33 offers a "set-and-forget" approach to earning rewards from Thirdfy's o(3,3) system without complex manual actions.

o33: Your Liquid Staking Vault

o33 is an ERC4626 vault that represents your share in a pool of auto-compounding xTFY. As an o33 holder, you benefit from protocol revenue rebases, exit penalties, and voting rewards - all automatically compounded by a professional operator. No staking, voting, or claiming required.

How o33 Vault Operations Work

Minting o33 Shares

Deposit xTFY into the vault and receive o33 shares based on the current ratio. If the ratio is 1:1, you get 1 o33 per 1 xTFY. If it's 1.2:1, you get fewer o33 shares but they're worth more. Minting pauses 1 hour before weekly resets.

Redeeming to xTFY

Burn your o33 shares to withdraw xTFY at the current ratio. If you minted at 1:1 and redeem at 1.2:1, you get 20% more xTFY back. Redemption pauses for 12 hours after weekly resets to ensure accurate ratio calculation.

Trading o33 Tokens

o33 is a fully liquid ERC20 token – trade it on supported markets anytime. Market price reflects the underlying vault value plus trading premiums/discounts based on supply and demand.

How o33 Increases in Value

Simple concept: Your o33 tokens become worth more xTFY over time.

o33 is a liquid staking vault (ERC4626) that automatically compounds rewards, increasing the value of each o33 token. When you mint o33, you deposit xTFY and receive o33 shares. When you redeem, you get back more xTFY than you originally deposited.

Example: Mint 1,000 o33 with 1,000 xTFY (1:1 ratio) → Wait 6 months as rewards compound → Redeem your 1,000 o33 for 1,200 xTFY (1:1.2 ratio) → You gained 200 xTFY (20% increase) by holding!

Where o33 Value Growth Comes From

Your o33 increases in value because it automatically captures multiple reward streams:

Protocol Revenue Rebases

Weekly rebases funded by protocol revenue (AI services, trading fees, vault management). The community votes on what percentage of revenue becomes rebases vs burns.

Exit Penalty Rewards

When people exit xTFY early, they pay a 50% penalty. These penalties boost the rebase rewards for all staked xTFY holders, including o33.

Voting Incentives (Bribes)

The o33 operator votes strategically every week and earns voting incentives from pools, which get swapped to TFY and compounded back into the vault.

Automated Compounding

A professional operator handles all the claiming, converting, and re-investing. All rewards automatically increase your o33 value - no manual action needed.

Why Choose o33 vs. Direct xTFY Staking?

o33 offers a passive alternative to manually staking xTFY. Lets compare the two:

o33: Simplicity & Automation

Mint it and hold. Rewards are auto-compounded by a designated operator. No need to manually vote or claim rewards.

xTFY Staking: Active Management

Requires manual staking, potentially weekly voting (to direct emissions/earn bribes), and manual claiming of rebase rewards.

o33: Liquidity

Liquid ERC20 token, tradable on secondary markets whenever needed.

xTFY Staking: Locked Position

Staked xTFY is committed to the staking system. Must be unstaked before it can be used for exits or minting o33.

o33: Passive Value Growth

Value increases indirectly as the o33:xTFY ratio rises from auto-compounded protocol revenue rebases, exit penalties, and voting incentives.

xTFY Staking: Direct Reward Control

Receive protocol revenue rebases directly. Earn voting incentives directly by participating in weekly votes. Maximum control over your reward strategy.

Good to Know

Weekly Reset: Rewards influencing the ratio are typically processed around the weekly epoch change (Thursdays 00:00 UTC). Minting and redeeming are paused briefly around this time.

Price Safety: The potential redemption value of o33 (ratio * xTFY value) is connected to xTFY's value, which includes the 50% instant exit penalty floor. Market price can fluctuate above this based on demand.