Zombi Finance


ZOMB - Zombi Token

ZOMB token
ZOMB token is designed to be used as a medium of exchange. The built-in stability mechanism in the protocol aims to maintain ZOMB peg to 1 Fantom (FTM) token in the long run.
Note that ZOMB actively pegs via the algorithm, it does not mean it will be valued at 1 FTM all times as it is not collaterized. ZOMB is not to be confused for a crypto or fiat-backed stablecoin.

SZOMB- Zombi Shares

SZOMB token
Zombi Shares ($SZOMB) are one of the ways to measure the value of the Zombi Protocol and shareholder trust in its ability to maintain ZOMB close to peg. During epoch expansions the protocol mints ZOMB and distributes it proportionally to all SZOMB holders who have staked their tokens in the Boardroom.
SZOMB has a maximum total supply of 59500 tokens distributed as follows: allocated for incentivizing Liquidity Providers in two shares pools for 12 months


Zombi Bonds (BZOMB) main job is to help incentivize changes in ZOMB supply during an epoch contraction period. When the TWAP (Time Weighted Average Price) of ZOMB falls below 1 FTM, BZOMBs are issued and can be bought with ZOMB at the current price. Exchanging ZOMB for BZOMB burns ZOMB tokens, taking them out of circulation (deflation) and helping to get the price back up to 1 FTM. These BZOMB can be redeemed for ZOMB 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 ZOMB when it is above peg, helping to push it back toward 1 FTM.
Contrary to early algorithmic protocols, BZOMBs do not have expiration dates.
All holders are able to redeem their BZOMB for ZOMB tokens as long as the Treasury has a positive ZOMB balance, which typically happens when the protocol is in epoch expansion periods.