SS- StarSeeds Yield Derivative Tokens
Similar to stMATIC and wstETH, SS tokens are pegged to the value of original token in such a way that makes each unit of S-token worth more then the original token over time.
Unlike other yield bearing tokens, SS tokens do not represent MATIC/ETH that has been staked to increase the security of the Polygon Network. Rather, SS tokens are tokens automatically deployed in a network of liquidity pools that facilitate automated arbitrage trades in such a way that creates regular and growing trade volume.
With every swap executed with SS tokens, SS tokens become more valuable compared to the underlying token due to the 0.24% transfer fee on SS tokens reducing their supply combined with permanently compounded StarSeeds Protocol owned liquidity pool swap fees increasing the amount of backing each SS token has. MATIC-SS Contract Address: 0xAba308c24952f70a533474653349a68Bb639FA2A BTC-SS Contract Address: 0xb7Acf75C942D4fB7BD9DEFb5D67ee92e774f1841
USD-SS Contract Address: 0x4b0dF7EDe79be6b046a4Ed71580A3733A109e641 ETH-SS Contract Address: 0xC8fc7E7E7B4D94FA02751B8719F5BbBb4C1413Cf GHST-SS Contract Address 0x2059fe4b81751878A24515B404A2d6Ea12b2aC92
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