Strip accepts yield-bearing collateral and enables yield tokenization without expiries, lockups, or withdrawal queues. Depositors receive principal tokens, keeping capital liquid and principal always withdrawable. Risk is defined by opportunity cost, not custody.Realized yield is split by design: half flows to STRIP via buyback and burn, anchoring the token to real economic output. the other half compounds permanently, growing the base that generates next cycle’s yield. PT holders and liquidity providers compete for STRIP incentives by staking PTs or supplying liquidity in PT/STRIP pools.Incentives favor early and sustained participation through boost multipliers that grow over time and reset instantly if alignment is broken. Game theory concentrates upside on aligned behavior rather than lockups or coercion, while short-term extraction is punished through instant boost resets.
