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.