Sunday, March 13, 2022

Epic Finance - The First Algorithmic Token Pegged to $DEGEN on the Fantom Network - YouTube

Epic Finance - The First Algorithmic Token Pegged to $DEGEN on the Fantom Network - YouTube:

Description: Epic Finance adds an additional layer to DEGEN which give an additional layer to TOMB supporting the existing symbiotic relationship by creating a protocol that supports the protocol that supports TOMB. Epic utilizes multiple bonding mechanisms at the DAO as well as seigniorage. Stake your EPIC-DEGEN LP in the Graveyard to earn LEGEND rewards. Then stake your earned LEGEND in the Mortuary to maximize profits!

EPIC is pegged to DEGEN

The peg for EPIC is DEGEN, this will offer an additional level of security for this protocol when compared to other algorithmic tokens as it adds another security of value.

The Triple Peg of the Century

The reason that DEGEN has significant stability when compared to other Tomb forks which has recently fallen below their peg is because of the "Triple Peg of the Century." The "Triple Peg of the Century" establishes that DEGEN is pegged to TOMB which is pegged to FTM. These added pegs offer more security for the prices within the DEGEN protocol.


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