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Peak Finance is a protocol designed to maintain the PEAK token to the value of METIS. Ultimately, Peak Finance is a modified fork of Tomb Finance. Inspired directly by Tomb Finance PEAK is far more than just a stable coin. $PEAK can also be used as a collateral asset for synthetic derivatives and a means to get a slice of newly launched projects from our upcoming launchpad for emerging DAO and DAC projects. What’s more, the value of an algorithmically pegged token staked together with the token being pegged, greatly reduces risks of experiencing Impermanent (divergent) Loss.
PEAK is the currency for Peak Finance produced through the seigniorage process. While pegged to METIS, a myriad of applications exist not only within Andromeda, but in the future can circulate on any blockchain.
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