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Difference between revisions of "Frozen Walrus Finance"
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* ($WLRS) is designed to be used as a medium of exchange. The built-in stability mechanism in the protocol aims to maintain $WLRS's peg of 1 $WLRS : 1 $USDC.e in the long run. | * ($WLRS) is designed to be used as a medium of exchange. The built-in stability mechanism in the protocol aims to maintain $WLRS's peg of 1 $WLRS : 1 $USDC.e in the long run. | ||
=== | === Walrus Shares ($WSHARE) === | ||
* Are one of the ways to measure the value of the Frozen Walrus Protocol and shareholder trust in its ability to maintain $WLRS close to peg. During epoch expansions, the protocol mints $WLRS and distributes it proportionally to all $WSHARE holders who have staked their tokens in the Boardroom. | * Are one of the ways to measure the value of the Frozen Walrus Protocol and shareholder trust in its ability to maintain $WLRS close to peg. During epoch expansions, the protocol mints $WLRS and distributes it proportionally to all $WSHARE holders who have staked their tokens in the Boardroom. | ||