How does tomb finance work
WebBOMB is a token that is intended to track the price of Bitcoin (BTC) algorithmically. The ratio for this peg is set at 10,000 BOMB to 1 BTC. BOMB actively tracks this peg via an … WebJan 31, 2024 · Tomb game theory works on the concept of seigniorage in it's effort to maintain an investor-driven, protocol facilitated price peg between the issued TOMB token and the Fantom protocol's token (FTM). It achieves this this by: Issuing TOMB to holders of staked "Tomb Shares" (TSHARE) when the price of 1 TOMB is above 1 FTM (i.e. "over the …
How does tomb finance work
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WebDec 16, 2024 · How does Tomb Finance work? Cemetery. In Cemetery, you can stake LP (Liquidity Providers) tokens to earn TSHARE in Cemetery. Currently, there are 2... WebTomb Finance The algorithmic token backed by FTM TVL Loading $TOMB Current Price FTM -.---- USD $-.-- Market Cap: $-.-- Circulating Supply: -.-- Total Supply: -.-- BUY TOMB …
WebTomb is supposed to be loosely pegged to FTM, at a rate of 1 TOMB = 1 FTM. The reason we want TOMB to be significantly above peg (1 TOMB = 1.01 FTM) is because Tomb is … WebTomb Finance incentivises investment in $TOMB by rewarding investors for providing liquidity with more $TOMB (via $TSHARE in the masonry). If $TOMB has no utility beyond providing liquidity on Tomb Finance, then we might be in trouble.
WebMar 14, 2024 · TOMB is a token whose price is pegged to that of FTM: 1 TOMB = 1 FTM. To maintain the peg, a special algorithm adjusts the supply of TOMB. Essentially it's an algorithmic stablecoin, though its price remains stable relative to another volatile cryptocurrency and not a fiat currency. The term used by the founders is an algorithmic … WebApr 12, 2024 · Tomb Finance is a decentralized finance (DeFi) platform built to create and facilitate a token pegged on FTM and bring out new opportunities for both tokens. Fantom …
WebFeb 5, 2024 · Here is a 9-step strategy on Tomb Finance that you can consider using: Buy FTM on an exchange that supports FTM network withdrawals Send FTM to a non …
WebJan 1, 2024 · 10mb Finance is the first algorithmic stablecoin to use both Seigniorage and Fractional Collateralization as peg enforcement mechanisms. Launch: 28th Jun 2024 Hakuna Matata Cronos An SVN algorithmic pegged token with features that seek to enhance the Mad Meerkat ecosystem Launch: 08th May 2024 FATM Finance Fantom imeche chartership interviewWebApr 12, 2024 · Tomb Finance is a decentralized finance (DeFi) platform built to create and facilitate a token pegged on FTM and bring out new opportunities for both tokens. Fantom is one of the rising blockchains today that deliver fast, secure, and affordable platforms for dapps right into the public’s hands. imeche commissioning trainingWebHow to store TOMB (TSHARE) Token Step 1: Open Coin98 Wallet & click Receive on the home screen. Step 2: Search TOMB (TSHARE) Token. Step 3: Click on the correct result … imeche chartership feesWebMay 5, 2024 · The Tomb Finance CDR provides users full transparency on how the price data feeding the protocol is built. ... Harry Yeh, Tomb Finance Chairman : “We are excited to work with the DIA Association ... list of nbl championsWebTomb Finance The algorithmic token backed by FTM TVL Loading $TOMB Current Price FTM -.---- USD $-.-- Market Cap: $-.-- Circulating Supply: -.-- Total Supply: -.-- BUY TOMB $TSHARE Current Price FTM -.---- USD $-.-- Market Cap: $-.-- Circulating Supply: -.-- Total Supply: -.-- BUY TSHARE $TBOND Current Price FTM -.---- USD $-.-- Market Cap: $-.-- list of ncaa basketball champions by yearWebSep 21, 2024 · According to their own description “ (Tomb is) The first algorithmic stablecoin on Fantom Opera, pegged to the price of 1 FTM via seigniorage.” This means Tomb is a token that is designed to be... list of nbn rspsWebTheis way you earn TShare on the Cemetery side which you compound into the Masonry and you earn TOMB from the Masonry side (when above peg) which you compound into the Cemetery after a 50/50 swap tomb/ftm. Its a good circular project IMO but DYOR. larrylegend01 • 9 mo. ago list of ncaa basketball championships