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
  2. The Basic Economic Model

Understanding $PRO as a share token.

PreviousUnderstanding $PEAK as an algo-peg token.NextUnderstanding the rise and fall of Tomb Finance.

Last updated 2 years ago

As a share token, the economic rationale of $PRO is covered in depth in the . In the following sections, we will take a closer look at the unique ways the $PRO token is supported.

On first principles, $PRO's primary function is to qualify participants to earn $PEAK emissions during inflationary epochs.

Like $PEAK -- $PRO largely derives its value from the pro-rata quantity of $METIS in the liquidity pool.

A common behaviour within the confines of game theory is that recipients of $PEAK will effectively shift $METIS from the $PEAK liquidity pool into the $PRO liquidity pool to pursue a greater share of $PEAK emissions in future epochs.

However, $PRO is much more than just a share token to participate in the Peak Finance Ecosystem, which we be explored in the following sections.

Prometheus V1 Whitepaper