> For the complete documentation index, see [llms.txt](https://atlas-17.gitbook.io/atlas-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://atlas-17.gitbook.io/atlas-docs/key-features.md).

# Key Features

 1\. Backed by wstETH and $PONZIE

 • Atlas’s reserves are held in wstETH (wrapped staked ETH) and $PONZIE, providing a stable and diversified asset base.

 2\. Bond Sales and Buybacks

 • Unlike traditional models, Atlas issues bonds in wETH, with proceeds reinvested to acquire Atlas tokens on the open market. This process bolsters the asset’s value and liquidity, creating a sustainable growth cycle.

 3\. Differentiated from OHM

 • Whereas protocols like OHM mint new tokens above backing to sell bonds, Atlas leverages buybacks, using bond revenue to support the Atlas token’s value directly.