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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  2. Deprecated V1 Docs
  3. Project Walkthrough

Peak Finance DAO

Peak Performance - Algorithmically pegged collateral in emerging ecosystems.

PreviousBenefits of Forking to MetisNext$PRO Token

Last updated 3 years ago

Metis and the underlying Andromeda main-net is beginning to take shape.

The $METIS token has gained over 180% this month, which is impressive given the overall, current state of the market.

In the last week, the Andromeda main-net has grown by 86% to $298M.

73% of TVL on Andromeda is the native $METIS token.

What this tells us is that there is remarkable room for upside in the broader ecosystem.

Based on the recognition of this upside, the team at Peak Finance have considered ways to bring value to what we believe is going to be one of the biggest performing layer-2s of 2022.

Originality is not spontaneous. It is inspired.

The team over at Tomb Finance on the Fantom Chain are a class-act. They recognized the upside potential of $FTM when it was priced at 30c. Since then, $FTM had gone as high as $3.46 per token, which is a 10x on launch.

We intend to do the same on the Metis Andromeda Ecosystem. By directly forking the "well built and trusted" TOMB application to Andromeda and switching the Peg from $FTM to $METIS, we believe we will be well-positioned to capture the growth of this emerging level 2 platform and help bring liquidity and help fund new innovative technology on Andromeda.

For a full working description of functionality and use cases, we highly reccommend visiting the documents.

TOMB
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