TRACKING STAKED TOKEN RETURNS

Number of patents in Portfolio can not be more than 2000

United States of America Patent

APP PUB NO 20250104026A1
SERIAL NO

18372050

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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Methods, systems, and devices for tracking staked token returns are described. A custodial token platform receives a request to wrap an initial first amount of a first crypto token that is staked. The custodial token platform wraps the first amount of the first crypto token, resulting in a wrapped amount of a second crypto token. The custodial token platform detects a first trigger event while the user is associated with at least one prior principal amount and a prior return amount of the second crypto token. The custodial token platform determines an additional return amount. Determining involves calculating, using an updated conversion ratio, a first principal amount and a first return amount for the at least one prior principal amount, a second principal amount and a second return amount for the prior return amount, and combining the first return amount and the second return amount as the additional return amount.

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Patent Owner(s)

Patent OwnerAddress
COINBASE INCOAKLAND CA 94607

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Chiru, Madalina London, GB 1 0

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