Description: Stake your ROYAL-FTM LP in the Palace to earn RSHARE rewards. Then stake your earned RSHARE in the Kingdom to earn more ROYAL! Royalty Finance will renounce contracts before the genesis pool launch. This project was built by a team who were rugged and wanted a better system in place to be profitable. The idea behind Royalty is a multi-token protocol that consists of the following three tokens: Royal Token ($ROYAL), Royal Shares ($RSHARE), Royal Bonds ($RBOND). Initial Genesis Pools will be WFTM and USDC
Royal - Royal Token: Royal token is designed to be used as a medium of exchange. The built-in stability mechanism in the protocol aims to maintain Royal's peg to 1 Fantom (FTM) token in the long run.
RSHARE - Royal Shares: Royal Shares (RSHARE) are one of the ways to measure the value of the Royalty Protocol and shareholder trust in its ability to maintain Royal close to peg. During epoch expansions the protocol mints Royal and distributes it proportionally to all RSHARE holders who have staked their tokens in the Kingdom (boardroom). RSHARE holders have voting rights (governance) on proposals to improve the protocol and future use cases within the Royal ecosystem.
RBOND - Royal Bonds: Royal Bonds (RBOND) main job is to help incentivise changes in Royal's supply during an epoch contraction period. When the TWAP (Time Weighted Average Price) of Royal falls below 1 FTM, Royal bonds are issued and can be bought with Royal at the current price. Exchanging Royal for RBOND burns Royal tokens, taking them out of circulation (deflation) and helping to get the price back up to 1 FTM. These RBOND's can be redeemed for Royal 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 Royal when it is above peg, helping to push it back toward 1 FTM.
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