Monday, March 7, 2022

Eagle Finance - The Algorithmic Stablecoin on Fantom, Pegged to the Price of 1 FTM via Seigniorage - YouTube

Eagle Finance - The Algorithmic Stablecoin on Fantom, Pegged to the Price of 1 FTM via Seigniorage - YouTube:

Description: Stake assets in genesis pools to earn EAGLE then stake EAGLE in share pools to earn ESHARE. The $EAGLE 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 $EAGLE supply, pushing its price up or down relative to the price of $FTM. Inspired by the original idea behind Basis as well as its predecessors (bDollar and soup), Eagle Finance is a multi-token protocol which consists of the following three tokens: Eagle ($EAGLE), Eagle Shares ($ESHARE), Eagle Bonds ($EBOND).

Genesis Pool Strategy

When the protocol launches, the genesis pools will be live for 4 days. By depositing wFTM, USDC, BOO and/or TOMB & TSHARE, you will continuously receive EAGLE tokens as rewards! We strongly encourage all participants to partake in the genesis pools as early as possible, as this is a risk free way to earn EAGLE tokens.

Farming LP Strategy

The LP pools will open 2 days after the genesis pools open. Take your EAGLE rewards from the genesis pools  and pair it with FTM to receive EAGLE-FTM LP tokens.  You can then stake those LP tokens in our Farms to earn ESHARE tokens as rewards. Furthermore, you can withdraw your ESHARE token rewards and pair it with FTM to receive ESHARE-FTM LP tokens. Stake those LP tokens in our Farms to earn even more ESHARE. Talk about compounding gains!


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