Tokens

Overview of the tokens in the Grave ecosystem

Grave

Grave is the peg token of Grave Finance. It is designed to be algorithmically pegged to 10% of the price of the Avalanche token (0.1) via Seigniorage. This means that when the price of Grave is ABOVE 10% of the price of Avax, tokens are printed in the Asylum(Boardroom) to inflate supply, and make the price go back to it's target of 0.1 Avax.

GShare

GShare is the share token of Grave Finance. GShare tokens are used to deposit into the Asylum(Boardroom) to capture a percentage of the Seigniorage print, when grave is above 1.01 TWAP. GShare tokens are also emitted in the Nightmare(Farm Rewards) to incentivize creating liqudity for Grave and GShare tokens. GShare has a static total supply of 70,000

GBond

GRAVE Bonds (GBOND) main job is to help incentivize changes in GRAVE supply during an epoch contraction period. When the TWAP (Time Weighted Average Price) of GRAVE falls below 0.1 AVAX, GBOND are issued and can be bought with GRAVE at the current price. Exchanging GRAVE for GBOND in the Delirium burns GRAVE tokens, taking them out of circulation (deflation) and helping to get the price back up to 0.1 AVAX. These GBOND can be redeemed for GRAVE when the price is above peg in the future, plus an extra incentive for the longer they are held above peg. This amounts to inflation and sell pressure for GRAVE when it is above peg, helping to push it back toward 0.1 AVAX.

Zombie

Zombie is the peg token of Zombie Finance. It is designed to be algorithmically pegged to 10% of the price of the Avalanche token (0.1) via Seigniorage. This means that when the price of Zombie is ABOVE 10% of the price of Avax, tokens are printed in the Asylum(Boardroom) to inflate supply, and make the price go back to it's target of 0.1 Avax.

ZShare

ZShare is the share token of Zombie Finance. ZShare tokens are used to deposit into the Asylum(Boardroom) to capture a percentage of the Seigniorage print, when grave is above 1.01 TWAP. ZShare tokens are also emitted in the Nightmare(Farm Rewards) to incentivize creating liqudity for Zombie and ZShare tokens. ZShare has a static total supply of 64,500

ZBond

ZOMBIE Bonds (ZBOND) main job is to help incentivize changes in ZOMBIE supply during an epoch contraction period. When the TWAP (Time Weighted Average Price) of ZOMBIE falls below 0.1 AVAX, ZBOND are issued and can be bought with ZOMBIE at the current price. Exchanging ZOMBIE for ZBOND in the Delirium burns ZOMBIE tokens, taking them out of circulation (deflation) and helping to get the price back up to 0.1 AVAX. These ZBOND can be redeemed for ZOMBIE when the price is above peg in the future, plus an extra incentive for the longer they are held above peg. This amounts to inflation and sell pressure for ZOMBIE when it is above peg, helping to push it back toward 0.1 AVAX.