Yes, no, maybe? Over the past 2 weeks, Tomb has started to depeg alongside the LUNA/UST dump, Fantom crypto twitter started calling out each other for being Tomb shills or Tomb haters and there have been some really strong opinions being thrown around, outright calling Tomb a ponzi/scam and some even calling Tomb as one of the best investments on Fantom. As someone who has been both in and out of Tomb, I have my own opinion. It’s really hard to say conclusively where Tomb stands. So, what I’ll instead do is try to represent both arguments as best as I can, and readers can decide where they stand. And if anyone has any additional opinions to add, I’m more then willing to throw it in as an edit if it’s factual.
How I initially played Tomb:
Probably one of the biggest reasons to support/own Tomb is for its supposed farming utility as an FTM stable. Previously, back when I first got into Tomb, the primary use case for Tomb was just to farm FTM at a high % APR, roughly 100% at the time. (Could go nuts with Tarot even)
Sure, it would go underpeg at times but that wouldn’t really matter as long as it repegged eventually. I think many of us farmers had the same mentality. And whenever it was…
