$STS - Subvault Token Shares

The Subvault's decisions are entirely governed by $STS (Subvault Token Shares), which are the shares issued when staking into the Subvault.

Owners of $STS have the right to decide on what properties are onboarded to the Subunit Protocol.

These decisions will be made via Snapshot.box.

Let's recap the flow:

1. You stake USDc into the Subvault

2. You get $STS in return

3. You now use this $STS to vote on whether to accept a property on the platform via snapshot.box

4. Your $STS tokens will be diluted when that onboarding occurs (each $STS will be worth less USDc)

5. You will be issued $UNIT tokens that represent ownership of the new property's DAO