Discount

Portal to the world of discounted crypto and fixed-income returns. Designed on the robust DeFi's interest rate derivatives protocol Spectra, Discount leverages the design of the Principal Token primitive. Principal Tokens function like zero-coupon bonds. They trade at a discount until maturity, offering a fixed return for holders.With Discount, purchasing discounted cryptocurrencies like USDC or ETH becomes straightforward, even for those without extensive DeFi knowledge. For instance, one might buy 1000 Discounted USDC for 950 USDC and redeem the full amount on a specified date. Before the advent of Principal Tokens, Web3 had limited fixed-income opportunities.