Tokens
$BLAST
Contract Address: Coming soon
$BLAST token is designed to be used as a medium of exchange. The built-in stability mechanism in the protocol aims to maintain BLAST's peg to 1 USDB token in the long run.
Note that $BLAST actively pegs via the algorithm, it does not mean it will be valued at 1 $USDB all times as it is not collaterized . $BLAST is not to be confused for a crypto or fiat-backed stablecoin.
$BBLAST
Contract Address: Coming soon
$SBLAST token (TSHARE equivalent in Tomb Finance) are one of the ways to measure the value of the BlastTomb Protocol and shareholder trust in its ability to maintain $BLAST close to peg. During epoch expansions the protocol mints $BLAST and distributes it proportionally to all $SBLAST holders who have staked their tokens in the boardroom.
$SBLAST holders have voting rights (governance) on proposals to improve the protocol and future use cases within the BlastTomb ecosystem.
$SBLAST has a maximum total supply of 70,000 tokens distributed as follows:
Team Allocation: 3000 $SBLAST vested linearly 6 months
Remaining 67,000 $SBLAST are allocated for incentivizing Liquidity Providers in two shares pools for 12 months
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