Tokens

All tokens and token information

$CORPSE

The peg-token of the protocol. $CORPSE is algorithmically pegged 1:1 with the value of $DAI on the fantom opera via seigniorage and expansion. $CORPSE is one of two tokens utilized to build a liquidity pair that could be invested into the LP farms (cemetery) of Crypt Finance. It is also emitted from the Boardroom (Masonry). $CORPSE is a token that embodies the description of elastic supply DeFi. The token is inflationary when the protocol is in a surplus phase (above the value of the target token), and is stagnant when the protocol is in a deficit phase (below the value of the target token).

$CRYPT

The share-token of the protocol. $CRYPT is paired with $DAI to limit impermanent loss. The share token has a limited supply. It is printed from the farms until the expansion period is over. The utility of the share token lies in the boardroom. The share token can be single staked for a high yields emitted in the form of the peg-token. This is a terminal utility as the peg-token will never stop printing as long as the protocol remains in a surplus.

$COFFIN

$COFFIN is the bond token of the protocol. These tokens are accessible from the Bonds section on the site (the pit). When the protocol is in a deficit people may exchange their peg-tokens ($CORPSE) for bond-tokens ($COFFIN) at a 1:1 rate. The bond token will be redeemable once the protocol is in a surplus phase. Dependent on a the time weighted average price of the last epoch, bonds will be redeemable for a premium of peg-tokens. When bonds are purchased below peg, the send the peg-tokens invested back to the boardroom contract, which decreases the circulating supply and causes a positive price impact. Of course, this price impact is non permanent as it will be reversed and amplified once the bonds are redeemed, but bonds are one of the many interesting investment strategies individuals can use to benefit them and the protocol.

CRYPT TOKENS CORPSE 24000 0x8558Fd9d3306A280a8fbF7d71e589F4B0875F44A

CRYPT 60000 0x20ADe721D89735a380949f0dc424a75C1423e4a9

COFFIN 0x73692Fc49efe1982299DB88D69279dcA78EbD5cA

LP PAIRS AND POOLS

CORPSE/DAI 0 - 0 0x06fBCE021E1972da154a30B43fd7Ee08550c4E10

WFTM 4000 PID - 1 0x21be370D5312f44cB42ce377BC9b8a0cEF1A4C83

USDC 4000 PID - 2 0x04068DA6C83AFCFA0e13ba15A6696662335D5B75

DAI 4000 PID - 3 0x8D11eC38a3EB5E956B052f67Da8Bdc9bef8Abf3E

CORPSE/DAI 35000 PID - 0 0x06fBCE021E1972da154a30B43fd7Ee08550c4E10

CRYPT/DAI 15000 PID - 1 0x88E835eDAf37D8E4aF3904B61693f1081C0E43c5

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