Wednesday, March 2, 2022

Tombshark Finance - An Algorithmic Stablecoin Pegged to the Price of 1 FTM via Seigniorage on Fantom - YouTube

Tombshark Finance - An Algorithmic Stablecoin Pegged to the Price of 1 FTM via Seigniorage on Fantom - YouTube:

Description: The SHARK tokens will be airdropped to FINS holders on Fantom after snapshot. Stake your SHARK-FTM LP in the Farm to earn FINS rewards. Then stake your earned FINS in the Boardroom to earn more SHARK! Tombshark builds upon the great work of tomb.finance, which created the first algorithmic token pegged to $FTM on the Fantom Opera network. With the promise of lucrative yields, numerous subsequent copy-cat forks have launched, many of which turning out to be low-quality, poorly-managed, and downright dangerous to participate in (i.e. rug-pulls; awful founder token allocation, etc.) The team personally were victims of such rug-pulls and as such, decided to create our own project to promote sustainable equity growth.

Tombshark Finance aims to be the #1 Play-To-Win decentralized platform powered by Smart Contracts on the Fantom Opera Blockchain. Tombshark Finance will be a host of decentralized, trustless, and immutable blockchain games running directly on the Fantom Opera network with a wide variety of games including Coin Flip, Barbell Roll, Roulette, Dice It, Prediction Game and Treasure Chest. All of the game’s transactions will be conducted in and built on top of smart contracts. Our Smart Contracts are also transparent and use distributed ledgers and contracts through which everyone can see where the money is, when it should be paid out, and to whom. Our games will be powered by Chainlink VRF. Chainlink VRF (Verifiable Random Function) is a provably-fair and verifiable source of randomness designed for smart contracts. It is also another form of tamper-proof RNG.


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