When a user creates a Boost vehicle,
tTokens are issued to represent the underlying claim. These initially map users 1:1 with their funds and are redeemable through the Torque dApp or by directly interacting with Torque smart contracts. The protocol enables diversified yield capture across DeFi's finest opportunities. Further use cases for
tTokens may develop such as a lending market or other wealth management applications.
Assets are routed through vehicles to child vaults which contain logic for individual strategies. In this process, child vaults mint
vTokens to vehicles whereas Boost Managers mint
tTokens to end users. There is an important degree of separation between child vaults and the top-level Boost managers as they each produce unique receipt tokens.