Peak Finance Prometheus (PRO)

Peak Finance Prometheus (PRO) is a comprehensive suite of protocols on Metis Andromeda, offering financial services to investors, traders, yield farmers, and NFT enthusiasts. The ecosystem includes seigniorage rewards, financial NFT wrapping, actively managed treasuries and community-owned initiatives. The platform’s native tokens include $PEAK, which is algo-pegged to the value of $METIS, and $PRO, a share token that allows users to compete for a share of protocol revenue by staking with a wrapped NFT. Additionally, $POND is the governance token, allowing users to burn $PEAK for $POND and potentially redeem it at a premium.

NFT Wrapping is a key feature of the Peak Finance ecosystem, enhancing the value propositions of NFTs by applying reverse compatible functions. Users can benefit from new growth strategies tied to unwrap and secondary market royalty fees by staking NFTs and collateral in a time-locked contract. This innovative approach solves the liquidity issue associated with traditional NFT staking and deepens the liquidity of wrapped NFTs through programmed token retention. The collateral and buy-back mechanisms further contribute to the value of the $PEAK token.

Peak Finance also incorporates seigniorage and actively managed treasuries to maximize benefits for token holders. Seigniorage involves algorithmically regulating the supply of $PEAK based on demand, ensuring a profitable operation. The actively managed treasury, supported by collections such as Poseidon and Peaking Duck NFTs, seeks profits from market trading and distributes them back to token holders. The platform operates under a community-owned model, with the Peak Finance team acting as caretakers of the development goals set by the community. Assets accumulated in the Peak Finance DAO treasury are utilized to fund liquidity mining events and support projects within the Andromeda ecosystem.