Peak Finance: Documentation
  • Peak Finance Docs V2
    • Introduction
    • The Basic Economic Model
      • Understanding $PEAK as an algo-peg token.
      • Understanding $PRO as a share token.
      • Understanding the rise and fall of Tomb Finance.
      • Fundamental Attributes of Tomb Finance’s Decline.
      • Learning from Tomb Finance’s Mistakes.
    • What Makes Peak Different?
      • Actively Managed Treasuries Through NFTs
        • Poseidon NFTs
        • Peaking Duck NFTs
      • $PEAK Token Utility
        • Use $PEAK to Purchase Gift Cards to Shop for Real-World Items!
        • $PEAK as a Payment Currency in the NFTA Marketplace
        • Hedge-on $METIS
        • Cross-Chain Instrument and Bridging Alternative
      • $PRO Token Utility
        • $PRO Taxation and Game theory in Peak Finance
        • $PRO as an Instrument for Capturing Profits from Actively Traded Treasuries
        • $PRO as an instrument for capturing revenue fees from NFT Marketplace
      • NFTA Marketplace
      • Tokenomics
        • $PRO Tokenomics
        • $PEAK Tokenomics
        • $PONDS (Bonds) Tokenomics
        • Emission Schedules
          • $PRO Emissions
          • $PEAK Emissions
          • $POND Emissions
  • Peak Wrapping
    • Introduction
    • NFT Wrapping
    • NFTA Marketplace for Wrapped NFTs
    • Peaking Ducks Wrapping
    • NFT Staking in The Summit
    • Peak Andromeda Wrapping
    • Multi-Reward Summit
    • A Nuanced Way to Exit Fiat and Enter Crypto
  • Navigating Your Way to the Peak
    • How to buy $METIS, $PEAK, and $PRO
    • Home Page
    • DApp Homepage
    • The Base Camp
    • The Summit (Stake)
    • The Pond
    • Liquidity (Use this Router to Bypass Tax)
    • Swap
    • Lottery
    • Docs
    • Poseidon Fund
    • MATIC x PEAK Swap
    • NFTA Marketplace
    • NFTA Storefront
  • Deprecated Docs
    • Deprecated V1 Docs
      • Project Walkthrough
        • The importance of PEAK
        • Benefits of Forking to Metis
        • Peak Finance DAO
        • $PRO Token
        • Functionality
        • Prometheus Roadmap and Future Direction
        • Tokenomics, Emissions, and Taxation Schedules
        • Wallet Addresses For Transparency
        • Frequently Asked Questions
      • Background and Mission Statement
        • Problem Statement & Objectives
        • Seigniorage
        • DAO Treasury
        • The case for Seigniorage and Actively Managed DAO Treasuries
        • Peak Finance - Aeacus' first client
        • Aeacus Capital Management
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  1. Peak Finance Docs V2

Introduction

NextThe Basic Economic Model

Last updated 2 years ago

Peak Finance is a seigniorage DeFi protocol, originally forked from Tomb Finance and then modified to align incentives for protocol participants to maintain the algo-peg token, $PEAK, to maintain 1:1 parity with $METIS.

$METIS is a network token required to operate on the layer-2 network Andromeda.

The layer-2 narrative has yet to come to fruition fully, and we believe that Metis Andromeda has a significantly advanced tech stack compared to L2 competitors. For this reason, $PEAK is a critical asset in expanding the range of potential applications for the network while following the price of $METIS.

Seigniorage protocols require a derivative asset to capture value. This is where the $PRO token comes into play and is required to access emissions during inflationary epochs.

Peak Finance is not just another overnight Tomb Fork. All future developments are predicated upon differentiating and capturing value within the Peak Finance ecosystem.

Introductions to Peak Finance MVP and Seigniorage