FARMS

The farming pools will begin distributing $MSHARE rewards based on number of staked tokens you have in the Farms. These farms provide the core of the first phase of MetisTomb Finance: sustainable, high APR farms that will maintain peg of $MTOMB to $METIS I to the point where $MTOMB can be used interchangeably with $METIS for lending protocols.

The MetisTomb protocol will automatically manipulate the farm emissions based on total value locked (TVL) and time-weighted average price (TWAP). This allows automatic adjustment of rewards and shares, making sure that $MTOMB maintains its peg at 1:1.

Farming Pools

  • Stake MTOMB-METIS-LP - Earn MSHARE

    • Allocation point: 20,000

  • Stake MSHARE-METIS LP - Earn MSHARE

    • Allocation point: 20,000

  • Stake MTOMB- Earn MSHARE

    • Allocation point: 10,000

Note that not all of these farms will be available at launch, and more farms can be added or removed as the protocol and Metis Chain develops.

The Boardroom

In the Boardroom, you earn MTOMB by staking your MSHARE. The Boardroom will continue to distribute MTOMB for as long as MTOMB price is above 1 METIS.

By staking MSHARE in the Boardroom, you are locking those MSHARE tokens for 6 epochs (each epoch is 6 hours). Rewards generated by the Boardroom will be locked for 3 epochs before you can claim them, and withdrawing/depositing/claiming either MTOMB rewards or your MSHARE tokens will reset the timer.

The Boardroom is a key part of the MetisTomb ecosystem, turning functionality on and off depending on the TWAP of MTOMB. This is yet another mechanism MetisTomb uses to maintain peg.

Bonding

The Bond tab is the only place that will allow the trading of MetisTomb Bonds (MBONDs). MBONDs can be bought 1:1 with $MTOMB when the TWAP of $MTOMB is under 1 $METIS. MBONDs can then be redeemed for a bonus number of $MTOMB when the peg has been restored. The Boardroom will be open at the same time as the LHC. However, MBONDs can only be bought if MTOMB trades under 0.99 $METIS.

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