πStrategy share
Last updated
Last updated
A strategy is a variation of a common ERC20 token standard. When you deposit funds into a strategy, you receive a token representing your share of the strategy's Assets Under Management (AUM). The received shares can be redeemed for the strategyβs underlying assets at any time. This means that the tokens of the strategies have .
Every strategy user owns a proportionate share of all the assets locked in the underlying protocols of that strategy. A strategy may contain multiple , each containing varying amounts of assets. For instance, if you own 10% of the strategy's tokens, you own 10% of the value locked in each of the underlying protocols.