Welcome to Comet Finance, home to the algorithmic token fork pegged to $FTM on the Fantom Opera network!
The Big Galaxy
The $COMET algorithmic token serves as the backbone of a rapidly growing ecosystem aimed towards bringing liquidity and new use cases to the fantom network.
The protocol's underlying mechanism dynamically adjusts $COMET's supply, pushing its price up or down relative to the price of $FTM.
Inspired by the original idea behind Basis as well as its predecessors (bDollar and soup), Comet Finance is a multi-token protocol that consists of the following three tokens:
-Comet ($COMET).
-Meteor ($METEOR)
-Comet bond ($CBOND).