The Pond

When peg is below 1, The Pond will be open.

By purchasing $POND, the investor will be required to make payment in $PEAK.

This $PEAK is burnt from circulating supply and $POND will be issued.

Once above a peg of 1.01, the redemption function will become available for investors to redeem their $PEAK by burning $POND.

Only above 1.1 will $POND holders be able to burn to receive more $PEAK than what they initially burned to obtain $POND.