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2SHARE

2SHARE 2SHARESPrice N/A

2SHARES Price

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General Info

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# Inactive

Description

2Shares is a 2omb Protocol and shareholder trust in its ability to maintain 2OMB close to the peg.

2SHARE (2SHARES) Chart

2SHARE price Index provides the latest 2SHARES price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Additional Data

ATH Market Cap

$ 44.89M

Max Supply

2SHARES 65,065

Total Supply

2SHARES 65,065

All Time High

$ 8,327

8 Feb 2022


All Time Low

$ 1.30

10 Jun 2023

Trending 2SHARE Fiat Pairs

What is 2SHARE (2SHARES)?

2omb.finance is an incentive-oriented, high yield algorithmic stablecoin protocol that utilizes seigniorage mechanisms to bring 2OMB to a 1:1 price peg with Fantom. The 2OMB token serves as an algorithmic stablecoin pegged to the price of 1 FTM.

2Shares are one of the ways to measure the value of the 2omb Protocol and shareholder trust in its ability to maintain 2OMB close to the peg. During epoch expansions the protocol mints 2OMB and distributes it proportionally to all 2SHARE holders who have staked their tokens in the Boardroom.

2SHARE holders have voting rights (governance) on proposals to improve the protocol and future use cases within the 2OMB money ecosystem. 2SHARE has a maximum total supply of 70000 tokens distributed as follows:

  • Team Allocation: 4990 2SHARE vested linearly over 3 months
  • Rewards: 65000 2SHARE are allocated for incentivizing Liquidity Providers in two shares pools for 3 months
  • Initial mint: 10 2SHARE minted upon contract creation for initial pool.

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