How TeaDAO works

As a reserve currency protocol, TeaDAO’s core applications are Staking, Bonds, and the DAO. What makes TeaDAO more than a fork of OlympusDAO is the way we advance further and become the first decentralized reserve currency for GameFi, which we believe will accelerate the value-adding processes.
TeaDAO follows the tokenomics of OlympusDAO 
Each $TEA is backed by risk-free Treasury assets, typically 1 USD (i.e. USDT, DAI, BUSD, USDC, FUSD) in the treasury.
The protocol has exclusive access to the Mint function. 
The protocol issues and burns tokens in reaction to price changes. 
$TEA is not rebased. Instead, a new supply is created via direct sales into the market and burned via direct purchases from the market. This way, $TEA remains backed by real assets in the treasury, i.e., USD.
Core Principle 
When $TEA < 1 USD, the protocol buys back and burns $TEA 
When $TEA > 1 USD1, the protocol mints and sells new $TEA 
This is because the treasury must hold 1 USD and only 1 USD for each $TEA every time it is bought or sold so it makes a profit. That means the protocol either gets more than 1 USD for the sale side or spends less than 1 USD on the purchase side.
The fact that the protocol holds USD (i.e. USDT, DAI, BUSD, USDC, FUSD) for each token allows us to say with certainty that $TEA will not trade below its intrinsic value in the long term.
Protocol-Owned Liquidity (POL) 
POL is one of the most exciting innovations to come from Olympus DAO, whereby the protocol has its own perpetual liquidity and so never needs to worry about liquidity providers suddenly drying up. 
Features of POLs 
POL ensures that there is always ample liquidity for $TEA on Pancakeswap 
POL continually earns LP fees, allowing for continual growth. 
There is no independent access to the POL, which means zero rug pull risk, and reliable liquidity.
​Staking ​
Staking is the primary value accrual strategy of TeaDAO 
Staking is a passive, long-term strategy. 
When you stake, you lock $TEA and receive an equal amount of $sTEA 
When you unstake, you burn $sTEA and receive an equal amount of $TEA
​Bonds ​
Bonding is a primary source of income for the Treasury and is the method by which we seamlessly integrate with other applications. Other than offering Bonds with stablecoins or LP tokens, TeaDAO is the first Decentralized Metaverse Reserve Currency protocol that allows NFT as a Bonding asset.
Initial Bond Types: 
1.BUSD/ USDC/ USDT/ FUSD/ DAI 
2.TEA-Stablecoins LP
3.NFT
Bonds buyback
TeaDAO employs an auto-liquidation mechanism, which has been incorporated into the source code and operates automatically. Users can deposit $TEA into the treasury and receive backing assets in return when the open market price of $TEA is lower than the backing price.
DAO 
TeaDAO is DAO-governed and owned by no one individual. All decisions are formed by community members on the forum and made by $TEA holders through snapshot voting. It is in our manifesto that we believe that the TeaDAO should be governed, owned and run by TEA holders and community participation.

Introducing TeaDAO

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Creating Value

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TeaDAO follows the tokenomics of OlympusDAO

Core Principle

Protocol-Owned Liquidity (POL)

​Staking ​

​Bonds ​

DAO

Staking

Bonds