Tokens

DANTE - Dante Token

Contract: https://ftmscan.com/address/0xda763530614fb51dff9673232c8b3b3e0a67bcf2

DANTE token is designed to be used as a medium of exchange. The built-in stability mechanism in the protocol aims to maintain Dante peg to 1 Tomb (TOMB) token in the long run.

GRAIL - Dante Share

Contract: https://ftmscan.com/address/0x255861b569d44df3e113b6ca090a1122046e6f89

DANTE Shares (GRAIL) are one of the ways to measure the value of the DANTE Protocol and shareholder trust in its ability to maintain DANTE close to peg. During epoch expansions the protocol mints DANTE and distributes it proportionally to all GRAIL holders who have staked their tokens in the Eden (boardroom).

GRAIL holders have voting rights (governance) on proposals to improve the protocol and future use cases within the Dante finance ecosystem.

GRAIL has a maximum total supply of 70000 tokens distributed as follows:

1. DAO Allocation: 5500 GRAIL vested linearly 6 months

2. Team Allocation: 5000 GRAIL vested linearly over 6 months

3. Remaining 59500 GRAIL are allocated for incentivizing Liquidity Providers in two shares pools for 12 months

DBOND - Dante Bond

Contract: https://ftmscan.com/address/0xdd286b5f16a9ba9dfe105208c98b3b1fc8db65ff

DANTE Bonds (DBOND) main job is to help incentivize changes in DANTE supply during an epoch contraction period. When the TWAP (Time Weighted Average Price) of DANTE falls below 1 TOMB, DBONDs are issued and can be bought with DANTE at the current price. Exchanging DANTE for DBOND burns DANTE tokens, taking them out of circulation (deflation) and helping to get the price back up to 1 TOMB. These DBOND can be redeemed for DANTE 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 DANTE when it is above peg, helping to push it back toward 1 TOMB.

Contrary to early algorithmic protocols, DBONDs do not have expiration dates.

All holders are able to redeem their DBOND for DANTE tokens as long as the Treasury has a positive DANTE balance, which typically happens when the protocol is in epoch expansion periods.