Description: Stake your BEAST-FTM LP in the Forest to earn BSHARE rewards. Use the earned BSHARE in the Marsh to earn more BEAST!
BEAST
BEAST token is designed to be used as a medium of exchange. The built-in stability mechanism in the protocol aims to maintain BEAST's peg to 1 Fantom (FTM) token in the long run.
BSHARE
BEAST Shares (BSHARE) are one of the ways to measure the value of the BEAST Protocol and shareholder trust in its ability to maintain BEAST close to peg. During epoch expansions the protocol mints BEAST and distributes it proportionally to all BSHARE holders who have staked their tokens in the Marsh. BSHARE holders have voting rights (governance) on proposals to improve the protocol and future use cases within the BEAST finance ecosystem.
BBOND
BEAST Bonds (BBOND) main job is to help incentivize changes in BEAST supply during an epoch contraction period. When the TWAP (Time Weighted Average Price) of BEAST falls below 1 FTM, BBONDs are issued and can be bought with BEAST at the current price. Exchanging BEAST for BBOND burns BEAST tokens, taking them out of circulation (deflation) and helping to get the price back up to 1 FTM. These BBOND can be redeemed for BEAST 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 BEAST when it is above peg, helping to push it back toward 1 FTM. Contrary to early algorithmic protocols, BBONDs do not have expiration dates. All holders are able to redeem their BBOND for BEAST tokens as long as the Treasury has a positive BEAST balance, which typically happens when the protocol is in epoch expansion periods.
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