Delta-Neutral Ratio

Pseudo-Delta-Neutral Ratio

Utilizing Pseudo-Delta-Neutral Ratio means the deposited single-stake assets (USDC, ETH, or BTC) will be allocated and adjusted to the exact same weight as BLT’s composition for USDC, ETH, and BTC.

=> These 3 assets (USDC, ETH, and BTC) will be used to mint $BLT and earn yields from $BLT yields.

Satisfying Pseudo-Delta-Neutrality

For instance, excluding the value of smaller assets (Aero, Well...), BLT consists of about 50% stables, 33% ETH, and 17% BTC.

=> This would satisfy our pseudo-delta-neutral ratio.