Tomb Finance Problematic Bond Mechanics and the Airdrop Band-Aid
Tomb Tuesday this week was a lot of bullish information to take in and actually put my issues with Tomb Finance on hold for a while. I previously wrote in my Approaching Equilibrium article about how the yield figures are representative of demand for the protocol’s tokens (or influx of new money). When TWAP was hovering below 1 and Tomb finance was in a contractionary phase, I believed we had hit the equilibrium. At Equilibrium, you would expect the protocol to hover in between the Contractionary phase and the Debt Phase. This is where the TBOND…