# Home
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](https://docs.tomb.finance/faq-1#1-what-is-ftmpad-and-how-will-it-benefit-usdtomb-investors).\
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The protocol's underlying mechanism dynamically adjusts $TOMB's supply, pushing its price up or down relative to the price of $FTM.
Inspired by the original idea behind Basis as well as its predecessors (bDollar and soup), Tomb.finance is a multi-token protocol which consists of the following three tokens:\
-Tomb ($TOMB).\
-Tomb Shares ($TSHARE)\
-Tomb Bonds ($TBOND).
## What differentiates $TOMB from other algorithmic tokens?
Unlike previous algorithmic tokens, $TOMB is not pegged to a stable coin— it is instead pegged to $FTM. \
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Why is this?\
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Tomb.Finance believes in the potential of Fantom Opera, and has chosen to align its mission to both provide value to and derive value from $FTM's future growth. [In addition to existing and future use cases such as FTMPad, $TOMB aims to become the main medium of exchange on Fantom Opera: this will be achieved by providing a mirrored, liquid asset to $FTM. ](https://docs.tomb.finance/faq-1#why-tomb-finance)
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.
# FAQ
For all your pressing questions!
Please note that none of this is financial advice. You should do your due diligence to become an informed investor by doing your own research, coming to your own conclusions, and taking note of the risks and responsibilities associated with participating in Tomb.Finance.
The team is available in the Discord to answer questions, so please reach out if they're not answered here!
## Why Tomb.Finance?
Why have a token that’s pegged to the price of $FTM when you could just use $FTM itself instead?
Good question.\
\
But before we dive into what $TOMB could mean for you as an investor, let’s break down the potential impact of $TOMB’s long-term success on the Fantom ecosystem as a whole.
For Fantom to continue running as the fast, secure, and cost-effective blockchain we all know and love, its validator nodes will continue to rely on its $FTM token remaining staked and locked up.\
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$FTM is distributed as a reward to validator nodes, which will continue to increase in number to sustain the network's growth, whereas the $FTM token itself has a fixed maximum supply. At the time of writing this, the staking requirement for a validator node requires 500,000 $FTM, and "if the rewards stay at the current levels (depending on governance decisions), it will take more than two years to distribute all the rewards and to reach a full circulation of the total supply... and All the tokens taken together will never exceed the total cap of 3.175 billion FTM."
So if $FTM is intended to be "ideal for sending and receiving payments" as a decentralized alternative to stablecoins, what will happen when there just isn’t enough Opera-native $FTM to go around?
If $TOMB succeeds in holding the peg, this will create a mirrored, liquid asset that can be moved around and traded without restrictions, all while benefiting from the price appreciation of the native $FTM token. Reaching the peg and holding the peg is crucial, and this will ultimately be what drives the value of $TOMB for investors. In the short term, this would mean attractive APRs for liquidity providers on what would essentially be a stable pair.
So, once a liquid market is the norm, what happens next? What are some other reasons you’d want to hold $TOMB?
$TOMB aims to become the primary utility token of the Fantom ecosystem, and the first step is its role in FTMpad, Fantom’s first incubator & launchpad. The selection, development, and deployment of the next generation of Fantom DeFi projects will be decided by those who hold $TSHARE, $TOMB’s governance token (affectionately referred to as “the money printer” by gravediggers). Oh, and we’re just getting started.
### *1.“ELI5: I keep seeing that Tomb will solve Fantom Opera's liquidity issues, but I don't fully understand what that means or its implications.”*
You may have read that by pegging to $FTM, $TOMB hopes to become a highly liquid, mirrored asset. What does this actually mean though?
As an example, say the dollar is the world's main medium of exchange. Everything is measured in terms of dollars, whether that's your weekly salary, or whether it's the price of bread or a computer. And you need dollars to buy literal gas to get to the bakery, or to the computer store.
But imagine if nobody wanted to use their dollars, and preferred to keep them under their mattresses instead. Since the value of everything gravitates in relation to the dollar, there would need to be something out there that is 1:1 "interchangeable" with the dollar, so that even if all the dollars in the world were tucked under mattresses, people could continue to transact freely.
Knowing that whatever they received would be able to be traded in for a dollar at whatever point in time they so desired. That's what $TOMB hopes to become for $FTM.\
## Getting Started
### 1.“Generally speaking, what's the easiest flow to follow for compounding rewards?”
The following is NOT FINANCIAL ADVICE. It is for education and entertainment purposes only.
There are countless strategies, and which one you choose depends on your risk tolerance and short, medium, and long-term goals. That being said, the "plug-and-play" method is detailed below. Also, take some profits along the way. Don't get too greedy.
**If $TOMB is OVER the peg:**
-Buy $TOMB and pair it with $FTM to provide liquidity, and stake your TOMB-FTM LP in the cemetery to earn $TSHARE rewards.\
-Take your $TSHARE rewards and stake them in the Masonry to earn inflationary $TOMB rewards.\
-Sell half of your earned $TOMB for $FTM, and compound it back into the TOMB-FTM LP.\
-Profit!
#### **If $TOMB is UNDER the peg:**
1.Buy TOMB and exchange it for TBOND. If you are LP'ing, you can break the LP to exchange $TOMB for $TBOND, and use the remaining $FTM to buy $TOMB to also exchange for $TBOND. Now you have a big fat bag of $TBOND, and you've also helped bring $TOMB back above peg so that the Masonry can resume printing.
2.Sell $TBOND for a redemption bonus once $TOMB is back over peg (above 1.1 TWAP).
(Note: $TBOND can be also bought at [TOMB.COM](https://swap.tomb.com/#/swap)**)**
3.Profit.
### 2. "What is 50/50?"
50/50 is the method best suited to provide stability for both the platform and for your underlying investment. By boosting liquidity, the 50/50 strategy reduces price volatility, and helps $TOMB stay above the peg for longer to keep the Masonry printing. This, in turn, attracts new investors and keeps the ecosystem growing. \
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1\)When you claim your $TOMB rewards in the Masonry, sell 50% of them for $FTM. \
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2\)When you go to provide TOMB-FTM LP, stake the entirety of your remaining TOMB with the $FTM you've just purchased.
### 3.“There's so many auto-compounding vaults, what should I do?”
If you are in a $TOMB-FTM LP auto-compounding vault, you are creating buy pressure on $TOMB. If you are in a $TSHARE-FTM LP auto-compounding vault and you also hold $TSHARE elsewhere, the auto-compounding vault will be suppressing its price since it is continuously selling $TSHARE.
[Auto-Compounding Options](https://tomb.com/strategies)
(**Please Note**: Always proceed with caution. We **DO NOT** recommend putting more than 5% of what you are staking on Tomb into a single auto compounder. Defi involves significant risks and users should manage risks accordingly. For example, users should only put in what they are willing to lose. **DO NOT** invest your life savings and do your homework before getting active in Defi.)
### 4. "APR is much higher in the Masonry than in the cemetery for TOMB-FTM LP. Why would I not just invest everything there?"
The cemetery APR is linear and prints 24/7, regardless of Tomb's relation to the peg. Masonry, on the other hand, prints only when Tomb's TWAP is above 1.01. Therefore, it may not always be that an investor gets a higher return from the Masonry than from the TOMB-FTM pool.\
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Because $TOMB follows the price of $FTM, the TOMB-FTM LP is akin to holding $FTM in your wallet, except with the bonus of a high farming APR on top of it. In other words, if you're bullish on $FTM's price action, the TOMB-FTM LP is a way of holding exposure to that single asset while also reaping high APRs.
### Terms and Mechanisms
### 1. "What is an expansionary epoch?"
An expansionary epoch is the amount of $TOMB that is printed by $TSHARE in order to increase the total circulating supply.
To simplify the explanation with a hypothetical example, let’s say an epoch is 3 days long and there are $100 dollars in the circulating supply.
If the money printer grows the supply by 10% of the existing circulating supply each day, at the end of the 3 days you'd have 100\*1.1\*1.1\*1.1 = $133.
Then, let’s say the emissions decrease to 5% per day.
You’d then have have $133 \*1.05 \*1.05 \*1.05 = $153 at the end of this second epoch.
### **2. “What is compounding in the context of Tomb.Finance?”**
Earning a return on gains you've already made from previous periods is what is commonly referred to as compounding.
For example, consider a 3% daily APR on an initial investment of $100.
After 24 hours it would grow to $103.
After 365 days without compounding: $1195.
After 365 days, compounding once daily: $4,848,272.
## **Masonry**
### **1.“Once Tbonds are emitted, does the Masonry stop printing $TOMB until we are above peg again?”**
Staking $TSHAREs will give you $TOMB rewards when the price of $TOMB is above the peg (FTM), but not when it is under the peg.
This means that the TWAP (Time-weighted average price) at the Masonry has to be at 1.01+ at the end of the epoch to print.
### **2. “What happens if I interact with the Masonry in any way?”**
Any interaction with the masonry will reset both timers. That's 3 epochs (18 hours) to withdraw your TOMB rewards, and 6 epochs to unstake your Tshare (36 hours).
### **3. “Does it matter at what point during an epoch I stake my $TSHARE tokens?”**
No. As long as you stake, at any time, before the end of an epoch, you will get a potential print.
### 4. "If I remove my $TSHARE from Masonry without first collecting my $TOMB, will it be lost forever?"
No, it will still be there to collect whenever you need.
### 5. "The Masonry APR dropped because we're in a 'debt phase.' What does this mean?"
A debt phase takes place on the expansion epochs that start after a contraction period where there are still $TBOND to be redeemed.
65% of Expansion during Debt Phase is allocated to the Treasury Fund to prepare for the TBOND Redemption. This amount is still reserved whether or not TBOND holders are redeeming bonds or not.
Once TOMB in treasury is sufficiently full to meet all circulating bond redemption, expansion rates will resume to normal.
### 6. "If we're in a debt phase, how long will it last until Masonry continues printing as normal?"
The debt phase will last as long as is necessary to adequately pay back outstanding $TBOND debt. Please keep in mind that the DAO will also need to collect a little extra, as there needs to be a cushion to cover the bonuses when people redeem $TBOND over peg.\
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There's no exact way of calculating how many epochs it takes, since we don't know exactly when people will redeem their $TBOND. If the debt phase is ended too early, and then the treasury doesn't have enough $TOMB to repay the $TBOND bonus, then the APR restriction would need to be turned back on.
### 7. "At the end of the epoch, the Masonry did not print $TOMB, and then no $TBOND(s) were issued in the pit. Why?"
There is a balanced state "at peg" when $TOMB's TWAP is between 1.00 and 1.01, and this means there is neither contraction nor inflation.
### 8. "If TOMB continues climbing above the price of the peg, will that influence how long the debt epoch lasts?"
Depending on the price of Tomb, the Masonry print will have to adjust to provide a buffer for any unclaimed TBOND. As the price of TOMB climbs above the peg, more TOMB needs to be distributed to the treasury to account for TBOND bonus redemption.
## Cemetery
### **1.“What will happen when circulating supply = Total supply? Will emissions stop?”**
Yes. Once the max supply of $TSHARE (70K) is reached, emissions stop. Emissions have ended as of June 12, 2022. $TSHARE will always print $TOMB in the Masonry, though, as long as $TOMB is above peg.
### 2.“Why is ‘at-peg’ (TWAP between 1.00 and 1.01) the best time to provide liquidity?”
When $TOMB is pegged or close to being pegged to $FTM, it is more akin to having exposure to a single asset (single staking) than to your traditional LP'ing experience, where you would run the risk of impermanent loss if one of the tokens went up in value and the other did not.
### 3. "Wait, you mean that if $FTM pumps, $TOMB pumps with it?"
Yes!\
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Let's take an example:\
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If $FTM pumps in price, it won't 'outrun' $TOMB.\
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The APR will vary in terms of its $USD value, but emissions won’t. This is something that wouldn't be possible with another 1:1 pegged asset like a stable coin LP position, where the $USD value is directly tied to the emissions. If $FTM rises in $USD value, $TOMB goes with it. Same if $FTM falls in $USD value, $TOMB will be worth less in $USD, but it won’t affect the peg. The only thing that can change the price of $TOMB in terms of its $FTM value is buying and selling it.
## **Ecosystem Partners**
### 1.“How do auto-compounding vaults work?”
Staking either $TOMB/$FTM or $TSHARE/$FTM LPs in these vaults rewards you with more of the same LP (liquidity pool) tokens that you have deposited. They deposit your LP tokens in the same yield farms that are available to everyone on $TOMB.finance, and then, every set amount of minutes, they harvest the $TSHARE that you’ve earned, sell a portion of if, and use the proceeds to mint more LP tokens on SpookySwap, before finally depositing those LP tokens back into the $TOMB.finance pools, growing your allocation.
You can actually do this yourself if you prefer not to have to pay fees; it’s simply a service offered as a time-saver for those that don’t want the hassle of going through the whole process themselves all day every day.
Note on the tokenomics of auto-compounding: Both the $TSHARE/FTM LP and the $TOMB/$FTM LP pools pay rewards in $TSHARE: If you’re in the $TSHARE/$FTM pool, 50% of your $TSHARE rewards are sold for $FTM each time the protocol auto-compounds. If you’re in the $TOMB/$FTM pool, 100% of your reward is sold and used to purchase half $TOMB and half $FTM each time. Unlike the TOMB/FTM vault, the TSHARE/FTM vault does not put any buy pressure on $TOMB.
### 2. "Where else can I use my $TOMB?"
You can visit or learn about some current strategies at:
[Strategies](https://tomb.com/strategies)
If you need help or want to discuss more about them you can join our social platforms and have a chat with our mods!
[Telegram](https://t.me/gameoftomb)
[Discord](https://discord.gg/gameoftomb)
## **Calculating Rewards**
### 1. “How can I figure out what my future $TOMB rewards will be from the Masonry?”
**Disclaimer:** There is no real way to predict the future earnings from the Masonry because the Masonry will only mint new $TOMB when the market demands it.
Simplified example for a *non-*[*debt* phase](https://docs.tomb.finance/helpful-guides/faq-1#6-the-masonry-apr-dropped-because-were-in-a-debt-phase-what-does-this-mean): say you have 1 $TSHARE staked out of 10 total $TSHAREs staked in Masonry, so you will get 10% of the total $TOMB emissions.
So, for this example we are assuming that there is a total circulating supply of 10,000 $TOMB, the current expansion rate is at 4%, and therefore 400 $TOMB will be emitted. \
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You would get ((0.04 *\* 10000) \** 0.8) \* (1/10) = 32 $TOMB.\
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With current regulations, this is the distribution breakdown:\
-80% of printed $TOMB goes to $TSHARE stakers.\
-18% goes to DAO-fund.\
\- 2% goes to the devs.
Formula to calculate your rewards: ((ExpansionRate \* *CirculatingTOMBSupply)* \* 0.8) \* (YourTShareStake/TotalTShareStaked)
### **2. “Does a higher TVL mean a higher APR?”**
The more TVL in the pool, the less APR (there's more people getting the same piece of the pie), but the higher the price of the reward (the pie) the higher the APR (better quality of pie). In other words, although the same rewards are diluted across more investors, if those rewards have a higher dollar value because of the increase in TVL, then it can actually lead to a higher APR as well.
## Core Values
### 1. “I'm invested in the project for the long term, and I feel guilty taking profits. Am I still a team player if I move profits somewhere outside of the project?”
Never put all your funds in one basket, even if it's $TOMB. Always take gains along the way. The Tomb team views it as a success if, over time, everyone gets their initial investment back into their wallets and continues investing with the profits that come after that.
## Contractions and $TBOND
### 1. "When can I swap $TOMB for $TBOND?"
$TBOND will only become available in the Pit following epochs in which the Time Weighted Average Price (TWAP) of $TOMB is under peg. This means that $TOMB's price will have had to have been under 1 $FTM for the majority of the previous epoch in order to trigger the Pit to "open".
For example: If, during the previous epoch, the ratio of $TOMB to $FTM had been 1.2 for 5 hours, but dipped to 0.9 in the final hour, the Pit will not open, as the TWAP would be higher than 1. Conversely, if $TOMB's price is at 0.9 that of $FTM for 5 hours, but spikes to 1.25 in the final hour, the Pit will remain open during the following epoch, since the TWAP is less than 1.
The Pit will always open at the very beginning of a new epoch, and remain open for the entire epoch — the Pit can not and will never open mid-epoch — and during epochs in which the Pit is open, $TOMB will not be printed in the Masonry.
**With the addition of** [**Tomb Swap**](https://swap.tomb.com/)**, we have liquidity for TOMB/TBOND and that means you can utilize the Swap to buy $TBONDS even when the Pit is closed.**
### 2. "What is the formula to calculate the redemption bonus for $TBOND?"
To encourage redemption of $TBOND for $TOMB when $TOMB's TWAP > 1.1, and in order to incentivize users to redeem at a higher price, $TBOND redemption will be more profitable with a higher $TOMB TWAP value.
### 3. "I expected $TBOND to be issued in the pit, but there is none. Why?"
There is a balanced state "at peg" when $TOMB's TWAP is between 1.00 and 1.01, and this means there is neither contraction nor inflation.
An epoch has to end below peg for $TBOND tokens to be issued at the Pit.
### 4. "When can I swap $TBOND back to $TOMB?"
You can swap it back again when the following two criteria are met:
1: $TOMB TWAP is above peg and
2\. There is enough in the treasury to cover it the redemption.
3\. You can also swap them at [Tomb Swap](https://swap.tomb.com/#/swap)
### 5. "Is $TBOND right for me?"
Like anything else in crypto, obtaining $TBOND is not risk-free. Just like in the real world, you are purchasing debt from the protocol with the expectation that you will be redeemed at a premium in the future. To date, this has occurred after all contractions, but past performance does not guarantee the same future outcomes. \
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$TBOND is ideal for those with a medium to long-term time preference, as it incentivizes hodling in exchange for potentially extremely lucrative rewards. If you are looking for a quick flip or have short-term time preference, $TBOND may not be the right investment option for you.
### 7. "Please, ELI5. Why do people keep saying $TBOND is a longer-term investment?"
Say, for example, that you buy 5,000 $TBOND at the time of writing this. That's about $1,000.
Then, say the market flips super bullish and $FTM goes back to $0.60 and $TOMB pushes up to $0.90.
You could redeem your $TBOND at that point for 11,250 $TOMB, which would be worth $10,125.
That's over $9K in profit if you hold your $TBOND.
### 8. "When can I redeem $TBOND for a bonus?"
TBOND TWAP (time-weighted average price) is based on TOMB price TWAP from the previous epoch as it ends. This mean that TOMB TWAP is real-time and TBOND TWAP is not. In other words, you can redeem TBOND for a bonus when the previous epoch's TWAP > 1.1.
## Troubleshooting & Tech Support
### 1. "Why can't I swap $TOMB for another token on Spooky?"
**For all troubleshooting please head over to our Discord and post your question in the tech-support channel. You can also head to our Telegram and reach out to any Moderator.**
[Telegram](https://t.me/gameoftomb)
[Discord](https://discord.gg/gameoftomb)
## Links and Further Reading
### 1."How long has Tomb.Finance been around?"
The project went live on 2021-06-02 12:30:00 UTC.
### **2.“Where can I see the charts?”**
[$TOMB-FTM]()\
[$TSHARE-FTM](https://charts.zoocoin.cash/?exchange=SpookySwap\&pair=TSHARE-WFTM)
# Translations
We have documentation in over a dozen languages!
### **Official documentation translations**
* English -
* Arabic -
* Chinese -
* French -
* German -
* Indonesian -
* Italian -
* Japanese -
* Korean -
* Spanish -
* Tagalog -
* Turkish -
* Portuguese - [https://pt.docs.tomb.finance](https://app.gitbook.com/@tomb-finance-1/s/tomb-finance-portuguese/~/drafts/-Meh3Y_Q0WB-N9AI_udr/)
* Hindi - [https://hi.docs.tomb.finance](https://app.gitbook.com/@tomb-finance-1/s/hindi/)
# Tomb Validator Node
Stake your $FTM on Node 82 to support Tomb Finance!
In return for further securing the network, Node 82 continues to grow Tomb's DAO fund through the accrued $FTM validator rewards.
Anyone in the Tomb community is welcome to stake to Node 82 to support not only their favorite protocol, but also their favorite blockchain!
Click[ here](https://fantom.foundation/ftm-staking/) to get started.
# Tokens
## TOMB - Tomb Token
```
0x6c021Ae822BEa943b2E66552bDe1D2696a53fbB7
```
TOMB token is designed to be used as a medium of exchange. The built-in stability mechanism in the protocol aims to maintain Tomb's peg to 1 Fantom (FTM) token in the long run.
{% hint style="warning" %}
Note that TOMB **actively pegs via the algorithm**, it **does not mean** it will be valued at 1 FTM all times as it is not collaterized . TOMB is not to be confused for a crypto or fiat-backed stablecoin.
{% endhint %}
## TSHARE - Tomb Shares
```
0x4cdF39285D7Ca8eB3f090fDA0C069ba5F4145B37
```
TOMB Shares (TSHARE) are one of the ways to measure the value of the TOMB Protocol and shareholder trust in its ability to maintain TOMB close to peg. During epoch expansions the protocol mints TOMB and distributes it proportionally to all TSHARE holders who have staked their tokens in the **Masonry** (boardroom).
TSHARE holders have voting rights (governance) on proposals to improve the protocol and future use cases within the Tomb finance ecosystem.
TSHARE has a **maximum total supply of 70000** tokens distributed as follows:
1. *DAO Allocation: 5500* TSHARE vested linearly 12 months
2. *Team Allocation: 5000* TSHARE vested linearly over 12 months
3. *Remaining 59500* TSHARE are allocated for incentivizing Liquidity Providers in two shares pools for 12 months
## TBOND - Tomb Bonds
```
0x24248CD1747348bDC971a5395f4b3cd7feE94ea0
```
TOMB Bonds (TBOND) main job is to help incentivize changes in TOMB supply during an epoch contraction period. When the TWAP (Time Weighted Average Price) of TOMB falls below 1 FTM, TBONDs are issued and can be bought with TOMB at the current price. Exchanging TOMB for TBOND burns TOMB tokens, taking them out of circulation (deflation) and helping to get the price back up to 1 FTM. These TBOND can be redeemed for TOMB when the price is above peg in the future, plus an extra incentive for the longer they are held above peg. This amounts to inflation and sell pressure for TOMB when it is above peg, helping to push it back toward 1 FTM.
{% hint style="info" %}
Contrary to early algorithmic protocols, TBONDs do not have expiration dates.
{% endhint %}
All holders are able to redeem their TBOND for TOMB tokens as long as the Treasury has a positive TOMB balance, which typically happens when the protocol is in epoch expansion periods.
# Platform
## Masonry (Boardroom)
* Epoch duration: 6 hours
* Deposits / Withdrawal of TSHARE into/from Masonry will lock TSHARE for 6 epochs and TOMB rewards for 3 epochs.
* TOMB rewards claim will lock staked TSHARE for 6 epochs and the next TOMB rewards can only be claimed 3 epochs later
* Distribution of TOMB during Expansion
**80%** as Reward for Boardroom TSHARE Stakers\
**18%** goes to DAO fund
**2%** goes to DEV fund
* Epoch Expansion: Current expansion cap base on TOMB supply, if there are bonds to be redeemed, 65% of minted TOMB goes to treasury until its sufficiently full to meet bond redemption. If there is no debt it will follow max capped expansion rate
### Masonry UI Available information
Next **Seigniorage** indicates a countdown timer to the next epoch. (Each epoch duration lasts for 6 hours)
**APR** refers to the simple returns in USD value relative to the amount of TSHARE staked (USD value).\
\&#xNAN;*Note:* *APR fluctuates from time to time and is dependent on certain factors such as:*
* Price of TOMB
* Price of TSHARE
* Amount of TSHARE staked in Masonry (Locked Value)
### Masonry on Contraction Periods
Masonry will **not** mint any TOMB (*NO REWARDS ON MASONRY*) while TWAP < 1.01
### Masonry on Debt Phase
Debt Phase take place on the expansion epochs that start after a contraction period where there are still Tbonds to be redeemed.
65% of Expansion during Debt Phase is allocated to the Treasury Fund to prepare for the TBOND Redemption. This amount is still reserved whether or not TBOND holders are redeeming bonds or not.
Once TOMB in treasury is sufficiently full to meet all circulating bond redemption, expansion rates will resume to normal.
TBOND emitted per epoch during contraction periods can be found on Regulations.
## Cemetery (Shares)
Stake your LP to earn TSHARE tokens
Shares Pools (Shares Reward) available for 12 months:
* TOMB-FTM LP: 35500 Shares
* TSHARE-FTM LP: 24000 Shares
## Pit (Bonds)
TBOND (bond tokens) are available for purchase when TOMB falls below the 1 FTM peg. If TOMB's TWAP is between 1.00 and 1.01, neither TBOND nor TOMB will be issued.
e.g. if TOMB's TWAP < 1, exchange TOMB for TBOND will be in a 1:1 ratio.
TBOND (bond tokens) are available for redemption when TOMB goes above the 1 FTM peg.
To encourage redemption of TBOND for TOMB when TOMB TWAP > 1.1 and incentivize users to redeem at a higher price, TBOND redemption will be more profitable with a higher TOMB TWAP value, of which TBOND to TOMB ratio will be 1:R, where R can be calculated in the formula as shown below:
R=1+\[(TOMB(twapprice)−1)∗coeff)]
Where coeff = 0.7
# Bonds Mechanism
### What are TBOND (Bonds)?
Bonds are unique tokens that can be utilized to help stabilize TOMB price around peg (1 FTM) by reducing circulating supply of TOMB if the TWAP (time-weighted-average-price) goes below peg (1 FTM).
### When can I buy TBOND (Bonds)?
TBOND can be purchased only on contraction periods, when [TWAP of TOMB is below 1](https://docs.tomb.finance/faq-1#1-when-can-i-swap-usdtomb-for-usdtbond).
Every new epoch on contraction periods, TBONDs are issued in the amount of 3% of current TOMB circulating supply, with a max debt amount of 35%. This means that if bonds reach 35% of circulating supply of TOMB, no more bonds will be issued.
Note: TBOND TWAP (time-weighted average price) is based on TOMB price TWAP from the previous epoch as it ends. This mean that TOMB TWAP is real-time and TBOND TWAP is not.
### Where can I buy TBOND (Bonds)?
You can buy TBONDs if any are available, through the PIT on tomb.finance, anyone can buy as many TBONDs as they want as long as they have enough TOMB to pay for them.
There is a limit amount (3% of TOMB current circulating supply) of available TBONDs per epoch while on contraction periods, and are sold as first come first serve.
### Why should I buy TBOND (Bonds)?
First and most important reason is Bonds help maintain the peg, but will not be the only measure use to keep the protocol on track, more on that on DAO Fund section [here](/protocol/dao-fund).
TBONDs don't have a expiration date, so you can view them as a investment on the protocol, because longterm you get benefits from holding bonds.
#### Incentives for holding TBOND
The idea is to reward TBOND buyers for helping the protocol, while also protecting the protocol from being manipulated from big players.
So after you buy TBOND using TOMB, you get 2 possible ways to get your TOMB back:
1. Sell back your TBOND for TOMB while peg is between 1 - 1.1 (1 FTM) with no redemption bonus. This to prevent instant dump after peg is recovered
2. Sell back your TBOND for TOMB while peg is above 1.1 (1FTM) with a bonus redemption rate
The longer you hold, the more both the protocol and you benefit from Tbonds.
{% hint style="success" %}
Example:
1. When TOMB = 0.8, burn 1 TOMB to get 1 TBOND (TBOND price = 0.8)
2. When TOMB = 1.15, redeem 1 TBOND to get 1.105 TOMB (TBOND price = 1.27)
{% endhint %}
So, which one is better?
If I buy TOMB at 0.8, and hold it until 1.15 and then sell, I'm getting +0.35$ per TOMB
But, if I buy TOMB at 0.8, burn it for TBOND, and redeem it at 1.15, I'm getting 1.105 TOMB \* 1.15 (TOMB current price) = 1,271 (+0.47$) per TBOND redeemed.
But what if getting back to peg is taking too long ?
We are going to adjust our use cases, to have different behaviors on contraction and expansion periods to benefit TOMB and TBOND holders when needed.
### When can I swap TBOND for a bonus?
TBOND TWAP (time-weighted average price) is based on TOMB price TWAP from the previous epoch as it ends. This mean that TOMB TWAP is real-time and TBOND TWAP is not. In other words, you can redeem TBOND for a bonus when the previous epoch's TWAP > 1.1.
# DAO Fund
The fund controlled by the developers of TOMB Finance that conducts buybacks and acts as a reserve to help maintain the peg.
## DAO Wallet Address
0x02517411F32ac2481753aD3045cA19D58e448A01
### Functions of TOMB Finance DAO
The Dao fund is the second line of defense on top of the Bond Mechanism. The DAO fund is controlled by the Developers and **will later move to a governance system** to vote on using funds in certain areas of the project and outside including investment, marketing etc.
Information about the DAO is as follows:
* When TOMB TWAP is below 1, buybacks will be initiated by the DAO. These will be done at a time decided by the core team and not publicized until after the protocol is back in expansion to prevent front running.
* When TOMB TWAP is extremely high, the DAO will sell some TOMB to help assist bringing back to peg and prepare its reserves for buybacks below 1.
* The DAO fund will hold a range of assets at the discretion of the core team
* The fund may or may not invest in safe projects to earn yield and grow itself at the discretion of the team.
All transactions made by the DAO can be found [here](/dao-txs).
# Contracts & Wallets
Here's our list of contracts, also provided with a link to ftmscan.
**DAO Wallet**: 0x02517411F32ac2481753aD3045cA19D58e448A01
*Link:* [*https://ftmscan.com/address/0x02517411F32ac2481753aD3045cA19D58e448A01*](https://ftmscan.com/address/0x02517411F32ac2481753aD3045cA19D58e448A01)
**DEV Wallet**: 0x68744b5aE0aA7A6f88d870D18d89DA77458dA460
*Link:* [*https://ftmscan.com/address/0x68744b5aE0aA7A6f88d870D18d89DA77458dA460*](https://ftmscan.com/address/0x68744b5aE0aA7A6f88d870D18d89DA77458dA460)
**Airdrop Wallet**: 0x50884e84E427432eA0AaC7D9bb915C2B10BB4B33
*Link:* [*https://ftmscan.com/address/0x50884e84E427432eA0AaC7D9bb915C2B10BB4B33*](https://ftmscan.com/address/0x50884e84E427432eA0AaC7D9bb915C2B10BB4B33)
\
**TOMB:** 0x6c021Ae822BEa943b2E66552bDe1D2696a53fbB7
*Link:* [*https://ftmscan.com/address/0x6c021Ae822BEa943b2E66552bDe1D2696a53fbB7*](https://ftmscan.com/address/0x6c021Ae822BEa943b2E66552bDe1D2696a53fbB7)
**TSHARE:** 0x4cdF39285D7Ca8eB3f090fDA0C069ba5F4145B37
*Link:* [*https://ftmscan.com/address/0x4cdf39285d7ca8eb3f090fda0c069ba5f4145b37*](https://ftmscan.com/address/0x4cdf39285d7ca8eb3f090fda0c069ba5f4145b37)
**TBOND:** 0x24248CD1747348bDC971a5395f4b3cd7feE94ea0
*Link:* [*https://ftmscan.com/address/0x24248cd1747348bdc971a5395f4b3cd7fee94ea0*](https://ftmscan.com/address/0x24248cd1747348bdc971a5395f4b3cd7fee94ea0)
**TombGenesisRewardPool:** 0x9A896d3c54D7e45B558BD5fFf26bF1E8C031F93b
*Link:* [*https://ftmscan.com/address/0x9a896d3c54d7e45b558bd5fff26bf1e8c031f93b*](https://ftmscan.com/address/0x9a896d3c54d7e45b558bd5fff26bf1e8c031f93b)
**TombRewardPool:** 0xa7b9123f4b15fE0fF01F469ff5Eab2b41296dC0E
*Link:* [*https://ftmscan.com/address/0xa7b9123f4b15fE0fF01F469ff5Eab2b41296dC0E*](https://ftmscan.com/address/0xa7b9123f4b15fE0fF01F469ff5Eab2b41296dC0E)
**TShareRewardPool:** 0xcc0a87F7e7c693042a9Cc703661F5060c80ACb43
*Link:* [*https://ftmscan.com/address/0xcc0a87f7e7c693042a9cc703661f5060c80acb43*](https://ftmscan.com/address/0xcc0a87f7e7c693042a9cc703661f5060c80acb43)
**Oracle:** 0x55530fA1B042582D5FA3C313a7e02d21Af6B82f4
*Link:* [*https://ftmscan.com/address/0x55530fa1b042582d5fa3c313a7e02d21af6b82f4*](https://ftmscan.com/address/0x55530fa1b042582d5fa3c313a7e02d21af6b82f4)
**Masonry:** 0x8764DE60236C5843D9faEB1B638fbCE962773B67
*Link:* [*https://ftmscan.com/address/0x8764DE60236C5843D9faEB1B638fbCE962773B67#code*](https://ftmscan.com/address/0x8764DE60236C5843D9faEB1B638fbCE962773B67#code)
**Treasury:** 0xF50c6dAAAEC271B56FCddFBC38F0b56cA45E6f0d
*Link:* [*https://ftmscan.com/address/0xF50c6dAAAEC271B56FCddFBC38F0b56cA45E6f0d#code* ]()
**TaxOffice:** 0xcaf6C0FB8Bcb737C2D5D7e5Db615147a26091De1
*Link:* [*https://ftmscan.com/address/0xcaf6C0FB8Bcb737C2D5D7e5Db615147a26091De1* ]()
**TOMB-WFTM LP:** 0x2A651563C9d3Af67aE0388a5c8F89b867038089e
*Link:* [*https://ftmscan.com/address/0x2A651563C9d3Af67aE0388a5c8F89b867038089e*](https://ftmscan.com/address/0x2A651563C9d3Af67aE0388a5c8F89b867038089e)
**TSHARE-WFTM LP:** 0x4733bc45eF91cF7CcEcaeeDb794727075fB209F2
*Link:* [*https://ftmscan.com/address/0x4733bc45eF91cF7CcEcaeeDb794727075fB209F2*](https://ftmscan.com/address/0x4733bc45eF91cF7CcEcaeeDb794727075fB209F2)
# DAO TXs
Any TX done using the DAO Funds will be listed here for anyone to check it using https\://ftmscan.com/
#### #1 Buy back and burn 185k $TOMB
```
0x16b9320059a46c2207fb146c089a031d3bbba4f29938101a2b266438994af36c
```
#### #2 Buy back and burn 49k $TOMB
```
0x4aed687713cbc846ce84ee9961832350bc9e3748f279088568c5cade0a209a96
```
**#3 Buy back and burn 195k $TOMB**
```
0x0df1cb8cab3faddf035e05236e75c6f663e82d02121cd88f1ce3d6e928909ede
```
**#4 Buy back and burn 200k $TOMB**
```
0x461ce578a6b5d316d2fa1cc857a73dcc2d604a529eef0a3e4aed5c2ccd4c4815
```
**#5 Buy back and burn 920k $TOMB**
```
0x5890bbc5c308d23e305f10664030822397dc5959255f5d947e29b85a4e90e9ac
```
**#6 Buy back and burn 1M $TOMB**
```
0x5b505b1a95f67329c0085d052808d26804311704bc6faa7d5a38ce3eb621bea2
```
**#7 Buy back and burn 500k $TOMB**
```
0x2714c0aa7d4f1ea556ce4442e02146267d32d65f5105add81359e6f2c19be4d5
```
**#8 Burn 400k $TOMB**
```
0xcc32eec7a9b37baaf24f89c31bd50c4b1b1db072761e2619e633f8636757d944
```
**#9 Burn 100k $TOMB**
```
0x58ce87eb14da42dfa8793fb0102359785840aaaeb0debfcd5e9d49acb705ea7c
```
**#10 Burn 200k $TOMB**
```
0x9490a3028c64aff6f15d5bc8cd9383df9f5b7cfb6483168c16a4d60f71df9b14
```
**#11 Burn 130k $TOMB**
```
0xb860cd084ac229b44d60ee8ae7c28f22b0519c8f7f738985362c973d1a5c34e1
```
**#12 Burn 691k $TOMB**
```
0x66120575de1271bb6ab618cd9321a94f6fd733d9287aaf4b2129459538ba707c
```
**#13 Burn 554k $TOMB**
```
0xa2925e1118d537676e702d2663796c8c36b1643165ad18a0fdbc32d589a669ae
```
\#**14 Burn 482k $TOMB**
```
0xb335f922c1b1f65cf7853e4b9e4d2acb73b4f33a0d36487e77fd63056bf7f940
```
\#**15 Burn 464k $TOMB**
```
0xe29bbb035bb753dc42a0fd667dcfcf65b8c203ebe9702a3922fa38c472cafc3a
```
\#**16 Burn and buyback (partially) 956k $TOMB**
```
0x3510ab975021e7aebd3a9fdcccc6673980f7a2664c1a1711d1d50740f91ed6d9
```
\#**17 Burn 320k $TOMB**
```
0xb633cbd622cddd2bd17ac19674a73257e5ae7b5f6e7e44a40b4354462ff34bab
```
\#**18 Burn and buyback (partially) 410k $TOMB**
```
0xb4b4dd0d7489e51c9b1f056891d7841494c8feff3a4861eb18ceda0aa47e8477
```
**#19 Burn 898k $TOMB**
```
0xecb4f30d5a1541351fbac0aa9cdc99fc1b933d302d0e5cd9fd36330719f60197
```
**#20 Burn and buyback (partially) 414k $TOMB**
```
0x6db0784397a2b4e0ced3d8c06756e5933d016c297b859e2b9f3392d0047a1162
```
# How to add FTM Chain to your Metamask wallet
**Step 1.** Metamask setup
* Before being able to buy TOMB, we first need to setup our Fantom network on Metamask.
* In order to do so, please open your Metamask wallet and select network; Custom RPC. (See attached image below).
* Now put in the following in order to setup your Fantom wallet.
* 1\. **Network name**: Fantom Opera
* 2\. **New RPC URL**: [https://rpcapi.fantom.network](https://rpcapi.fantom.network/)
* 3\. **ChainID**: 250
* 4\. **Symbol**: FTM
* 5\. **Block Explorer URL**:
(See attached image below).
Press save, and your FTM Wallet should now show up in the Network selection Tab.
# Connect to Tomb with Edge Wallet
Edge Wallet (formerly Airbitz) implements a client-side encrypted, peer-to-peer synchronized, and backed up data store with a clean, easy to use account-style interface.
## Creating a Wallet
1. Download the Edge Wallet app from your app store
2. Once on the home screen, click "Add Wallet"
3. Click on "Create Wallet" to finish the process of "Import Wallet" to import an existing wallet
4. Search for Fantom and click the associated toggle switch. Then click on "Next" to continue
Now that you've created your Edge Wallet, you can begin adding your Tomb Ecosystem tokens
## Adding Tokens
1. Head back to the "Wallets" homepage
2. Click "Add Token"
3. Select your newly created Fantom wallet
4. Use the search bar to find your Tomb Ecosystem token. Click the toggle to enable.
## Connecting to Tomb.com
# Moving from BSC to FTM
Please refer to our friends over at Spooky which have a pretty cool guide on how to do this [**here**](https://docs.spookyswap.finance/getting-started/bridge-from-bsc-to-ftm).
# Moving from ETH to FTM
Please refer to our friends over at Spooky which have a pretty cool guide on how to do this [**here**](https://docs.spookyswap.finance/getting-started/bridge-to-fantom-opera).
# How to wrap Fantom
Brief guide on how to switch your FTM to wFTM using the official FTM wallet.
Step 1. In order to wrap Fantom you can head over to the official FTM wallet; [https://pwawallet.fantom.network/]()[ ]()
Step 2. On the left bottom corner you will find a "DeFi" tab. Click on it which will bring you to the next page. See image below.
Step 3. Click on fSwap, here you will be able to swap your FTM to wFTM. wFTM is the wrapped version of Fantom. 1 FTM = 1 wFTM. You can swap your FTM and wFTM back and forth as many times as you like. See image below.
# How to buy Tomb
Before we are able to make our TOMB purchase, we first need to transfer Fantom into our wallet from any CEX supporting FTM.
Lets use Felix.com as an example.
* Make sure you have Fantom (FTM) in your Felix.com wallet, if not, purchase FTM on Felix.com.
* Go to your wallet, look for FTM and click on Withdraw.
* Copy/Paste your Metamask FTM Wallet address.
* Please choose the FTM (FTM Chain) and insert the amount you want to send to your FTM Wallet.
* Please note there is a small transaction fee of 0.01 Fantom (Yes this is incredibly cheap), for transferring FTM from your Felix.com wallet to your FTM Metamask wallet.
* Now press submit and wait for your FTM to arrive in your FTM Metamask Wallet.
Oh and did we forget to mention that FTM-transactions are one of the fastest on the Blockchain and are almost instant!?
Now that you succeeded in transferring FTM into your Metamask wallet, please go to TOMB.COM**,** go to SWAP and swap your FTM for Tomb. (Note: Make sure you do not swap ALL of your FTM for TOMB as you will need some FTM in your wallet for future transactions)
If Tomb does not show up on the Exchange, please use the address provided below to purchase Tomb. Simply copy/paste the address.
**Tomb:** 0x6c021Ae822BEa943b2E66552bDe1D2696a53fbB7
Congratulations, you are now a happy Tomb holder.
# Provide TOMB/TSHARE LP
In order to provide Liquidity, we first have to purchase either TOMB or TSHARE (have a look at our "How to buy TOMB section if you need help in doing so), depending on which you want to provide liquidity for.
Providing liquidity is possible on Spookyswap.finance. Head over to the Liquidity tab on the left side of your screen. Connect your wallet (Make sure your Metamask is on the FTM Opera Network). Now you have to choose Ingredient A and B. Ingredient A will be FTM and ingredient B will either be TOMB or TSHARE.\
If TOMB or TSHARE do not show up, please copy/paste the address shown below manually.
**Tomb**: 0x6c021Ae822BEa943b2E66552bDe1D2696a53fbB7
**Tshare**: 0x4cdF39285D7Ca8eB3f090fDA0C069ba5F4145B37
Click on supply and accept the transaction in your wallet.
Now that you have provided LP, you can head over to tomb.finance and farm your LP's.
# Gitbook
# Email
Feel free to contact us directly through our telegram and discord channels listed under "Socials" or contact us via our e-mail.