Description
Toupee operates a decentralized finance protocol centered on WIG, a token backed by WETH liquidity in a bonding curve with an immutable floor price of 1 WETH per WIG. The protocol features oWIG, an emission token distributed to farms that functions as a call option on WIG with no expiration and a 1 WETH strike price, and vWIG, a non-transferable voting token used to govern farm emission weights while earning swap fees, staking rewards, and voting rewards. Users can Swap to buy and sell WIG at market price, use Options to buy and sell WIG at its floor price, Earn swap fees and staking/voting rewards, and Lend by managing a risk-free loan against vWIG with no liquidation, interest, or oracle dependency. The platform serves crypto-native users and DeFi participants seeking yield, governance participation, and structured token mechanics.