Money Printer

It’s all about the money (printer)

The PoWTomb protocol is one that isn’t immediately easy to grasp. So let us put it as simply as possible. Please be patient with us. If you already know these bits, simply skip this section.

Tokens

There are three main tokens used in the PoWTomb ecosystem, Tokens, Shares, and Bonds.

⚪ PoWTomb: Pegged to EthPoW 1:1

⚪ PoWShares: Produced by the farms, and stake-able in the BoardRoom for PoWTomb rewards

⚪ PoWBonds: Only used when PoWTomb's peg is below 1:1 with EthW

Why is PoWTomb pegged to EthW? What’s the deal?

Many EthW investors want to invest into De-fi protocols, but do not want to give up the exposure to the native chain token, EthW. By pegging our native token, PoWTomb to EthW in a 1:1 manner, we allow investors to maintain exposure to the price movements of EthW, whilst getting all the benefits of being able use the EthW for high return yield farming.

This is one of many uses for a protocol of this manner.