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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  • The basics
  • Our inspiration
  1. Deprecated Docs
  2. Deprecated V1 Docs
  3. Project Walkthrough

The importance of PEAK

The team at Tomb Finance believed in the upside potential of $FTM and sought to provide greater collateral utility to Fantom main-net by releasing a token, $TOMB, which is algorithmically pegged to the price of $FTM.

The basics

Inspired directly by Tomb Finance $PEAK is far more than just a stable coin. $PEAK can also be used as a collateral asset for synthetic derivatives and a means to get a slice of newly launched projects from our upcoming launchpad for emerging DAO and DAC projects.

What’s more, the value of an algorithmically pegged token staked together with the token being pegged, greatly reduces risks of experiencing Impermanent (divergent) Loss.

For the most part, $TOMB has managed to maintain a stable peg to $FTM. As a result, the success of $FTM dragged the price of $TOMB up along with it.

Our inspiration

The team at Peak Finance deeply respect the work of those at Tomb Finance and believe we have stumbled upon an ecosystem that has just as much, if not more, growth potential than Fantom.

$METIS is the native token for Andromeda. The layer-2 narrative has begun to gain traction for 2022. Scalability is still an ongoing issue and not one that will be solved in the near-term. As adoption continues, we will see more active users across blockchains all broadcasting transactions onto the network.

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Last updated 3 years ago

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