Buy Tomb Shares (TSHARE)
What is Tomb Shares?
Tomb Shares (TSHARE) are tokens used within the TOMB Protocol, which aims to maintain the TOMB cryptocurrency close to its peg. These tokens serve as a measure of shareholder trust in the protocol and provide governance and voting rights to holders. TSHARE tokens are distributed proportionally to holders who stake their tokens in the Masonry boardroom of the Tomb Finance ecosystem.
How does Tomb Shares work?
Tomb Shares operate on the Fantom blockchain using a Proof of Stake (PoS) consensus mechanism. Holders can stake their TSHARE tokens in the Masonry to earn TOMB tokens. Additionally, TSHARE holders participate in governance by voting on proposals that influence protocol improvements. Smart contracts facilitate these processes by ensuring proportional distribution of TOMB tokens to stakers.
What are the potential use cases for Tomb Shares?
Tomb Shares have several use cases within the Tomb Finance ecosystem:
- Staking: Allows TSHARE holders to earn TOMB tokens by participating in the Masonry staking mechanism.
- Governance Participation: Provides holders with voting rights on proposals related to protocol improvements.
- Diversification: Offers an asset for portfolio diversification and potential risk reduction.
- Trading and Holding: Can be traded on exchanges, with the potential for capital gains from price fluctuations.
- Access to Ecosystem Products: Grants access to various features and products within the Tomb Finance ecosystem.
What is the history of Tomb Shares?
Tomb Shares were developed by Tomb Finance, founded by Harry Yeh, as part of the TOMB Protocol to help maintain the TOMB token's peg to Fantom (FTM). Since their introduction, TSHARE tokens have supported governance within the protocol. The Tomb Finance ecosystem continues to use Fantom blockchain and PoS to facilitate operations, while ongoing partnerships with exchanges like SpookySwap and SpiritSwap enhance market presence.
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Frequently Asked Questions (FAQs)
What is the current price of Tomb Shares (TSHARE)?
The Tomb Shares price is $46.24 AUD, representing a -6.4% from the day prior.
Where is the best place to buy Tomb Shares (TSHARE) in Australia?
The best place to buy Tomb Shares (TSHARE) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Tomb Shares (TSHARE) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Tomb Shares (TSHARE)?
The trading volume of Tomb Shares (TSHARE) is $7.0K AUD in the last 24hrs, representing a -6.4% from the day prior.
How can I buy Tomb Shares (TSHARE)?
Tomb Shares (TSHARE) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Tomb Shares (TSHARE)?
The current market cap of Tomb Shares (TSHARE) is $1.8M AUD.
Can I convert Tomb Shares (TSHARE) to cash?
Yes - With Coinstash you can convert your Tomb Shares (TSHARE) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Tomb Shares (TSHARE) are there?
The current circulating supply of Tomb Shares (TSHARE) is 39.1K.
Is Coinstash a safe place to buy Tomb Shares (TSHARE) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Tomb Shares (TSHARE) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.