Welcome to Tomb.finance, home to the first algorithmic token pegged to $FTM on the Fantom Opera network.
The Big Picture
The $TOMB algorithmic token serves as the backbone of a rapidly growing ecosystem aimed towards bringing liquidity and new use cases to the Opera network.
The protocol's underlying mechanism dynamically adjusts $TOMB's supply, pushing its price up or down relative to the price of $FTM.
Inspired by the original idea behind Basis as well as its predecessors (bDollar and soup), Tomb.finance is a multi-token protocol which consists of the following three tokens:
-Tomb Shares ($TSHARE)
-Tomb Bonds ($TBOND).
What differentiates $TOMB from other algorithmic tokens?
One of the primary shortcomings of past algorithmic tokens has been a lack of use cases, leaving no good reason for somebody to want to use or hold them. In order to successfully maintain the peg in the long-run, the Tomb team will maintain a focus on innovation around enhanced functionality and use cases.