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. Deprecated Docs
  2. Deprecated V1 Docs
  3. Project Walkthrough

Functionality

The algorithmic mechanics of maintaining a peg to $METIS will be identical to Tomb Finance.

$TOMB will become $PEAK. $TSHARES will become $PRO. $TBONDS will become $PONDS.

There is little to be gained by rebuilding the wheel, many people will copy a DeFi protocol verbatim without sparing a thought for building upon the concept.

In our view, these are blatant cash grabs, we can see with TOMB forks that have taken place on Avalanche and BSC that they have cloned a protocol for an ecosystem token that has already realized insane gains. There is unlikely to be a 100x of $AVAX and $BNB for the remainder of this bull market. The lemon has already been squeezed.

Potential gains aside, we believe it is our responsibility when relying on the brilliant work of the Tomb Finance team to advance the experiment further.

Peak DAO Finance will operate with a DAO Treasury, just like Tomb. The key difference is this will be an actively managed DAO treasury with parameters agreed upon by the community.

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Last updated 3 years ago

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