Tuesday, February 15, 2022

Partial Finance - An Algorithmic Stablecoin on Fantom Opera, Pegged to the Price of ½ $FTM (0.5) via Seigniorage

Partial Finance:

Description: $FTM is too expensive for you? We got you covered, pegging to only ½ $FTM suits you best! You can stake your $PARTIAL/$PSHARE LP in the Farms to earn $PSHARE rewards and stake your $PSHAREs in the Boardroom to earn more $PARTIALs!

The $PARTIAL algorithmic token serves as the backbone of a rapidly growing ecosystem aimed towards bringing liquidity. The protocol's underlying mechanism dynamically adjusts $PARTIAL's supply, pushing its price up or down relative to the price of ½ $FTM. Partial.Finance is a multi-token protocol which consists of the following three tokens: Partial Token ($PARTIAL), Partial Shares ($PSHARE), Partial Bonds ($PBOND).

What differentiates $PARTIAL from other algorithmic tokens?

Unlike previous algorithmic tokens, $PARTIAL is not pegged to a full value of a token — it is instead pegged to ½ $FTM (0.5). Why is this? Due to the price of $FTM increasing dramatically over the months, pegging to a full $FTM value has been more challenging since the USD value of the token has been increasing. Partial.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.


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