TOMB FINANCE

Algorithmic token on Fantom Opera pegged to FTM

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Overview

H ome to the first algorithmic token pegged to FTM on the Fantom Opera network. 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. 
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. 
Tags: De-Fi, Stablecoin
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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.
Current Price:$0.00703
Market Cap:$2,168,903 (#2263)
Volume (24h):$3,222
Circulating Supply:309,173,553
Total Supply:309,173,553
All-Time High:$17.82 (6/7/2021)
Last Update:May 15, 2024 02:33:41
More Info:CoinGecko
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).
Current Price:$34.78
Market Cap:$1,361,908 (#2531)
Volume (24h):$2,134
Circulating Supply:39,128
Total Supply:65,585
All-Time High:$24,382.00 (1/4/2022)
Last Update:May 15, 2024 02:33:41
More Info:CoinGecko

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(4 out of 5)

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Blog

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Project Videos

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Intro Video
Title:
AMA with Summit DeFi - 10 31 21

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Fantom Project
Fantom
A fast, high-throughput open-source smart contract platform
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