Guru
  • GURU - PAMM for Defi
  • $GURU
    • Tokenomics
    • Holder Benefits
  • How Guru works
    • Fee Structure
    • Fund Creation
    • Fund Tokens
    • Fund PNL, TVL, and Price
    • Referrals
  • Fund Types
  • Roadmap
  • Guides
    • Gurus
      • Opening Your Fund
      • Customizing Your Fund
      • Set Up Your GURU Profile
      • Trading as a Guru
      • Adding Tokens to Your Fund
      • Adding Capital to Your Fund
      • Closing Your Fund
    • Users
      • Picking a Guru
      • Entering Funds
      • Exiting Funds
    • FAQs
      • The Guru (Fund Manager) FAQ
      • The User FAQ
  • Information
    • Links and Addresses
    • Audits
    • Disclaimer
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  1. How Guru works

Fund Tokens

Fund tokens are minted upon fund creation and are used to represent the share ownership for each holder in the fund. They are non-transferrable, and external liquidity pools cannot be opened for them, though they are ERC20s.

A user holding fund tokens can trade them back in to withdraw their portion of the current TVL in the fund at any time, as long as their fund tokens are not on cooldown.

Fund tokens are burnt when they are traded back in.

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Last updated 1 month ago