TOMB FINANCE (ALGO STABLECOIN)
Designed by the Tomb.finance team as the first algorithmic token pegged to FTM instead of a stablecoin, on OPERA Fantom. It works around a solution that can adjust the token supply to move the price of the token itself up or down, in the direction of a target price to bring programmability and stability to the price.
TOMB Shares (TSHARE) are one of the ways to measure the value of the TOMB Protocol and shareholder trust in its ability to maintain TOMB close to peg. During epoch expansions the protocol mints TOMB and distributes it proportionally to all TSHARE holders who have staked their tokens in the Masonry (boardroom).