How Atlas Works
Reserve Model
Atlas is supported by wstETH and $PONZIE, giving it a strong reserve base and an alternative to the inflationary model used by some other protocols.
1. Reserve Backing:
• wstETH provides stability linked to staked ETH rewards.
• $PONZIE adds diversified backing, increasing resilience and growth potential.
2. Bond Sales and Buybacks:
• Bond Sales in wETH: Atlas issues bonds in wETH, attracting liquidity.
• Buyback Mechanism: Revenue from bonds is used to purchase Atlas tokens on the open market, driving demand and allowing Atlas to reissue bonds effectively.
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