Tuesday, January 4, 2022

2omb Finance - A Fork of Tomb Finance, Pegged to the Price of 1 FTM via Seigniorage

2omb Finance: 2omb Finance | FTM pegged algocoin


Description: Stake your 2OMB-FTM LP tokens to earn 2SHARE seigniorage rewards. To maximize profits, stake your harvested 2SHAREs in the Boardroom to earn more 2OMB!  The $2OMB token serves as an algorithmic stablecoin pegged to the price of 1 FTM.The protocol's underlying mechanism dynamically adjusts $2OMB's supply, pushing its price up or down relative to the price of FTM. Inspired by tomb.finance, who was originally inspired by the idea behind Basis as well as its predecessors 2omb.finance is a multi-token protocol which consists of the following three tokens: 2omb Token ($2OMB), 2Shares ($2SHARE) and 2Bonds ($2BOND)


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