# Key Features

&#x20;1\. Backed by wstETH and $PONZIE

&#x20;• Atlas’s reserves are held in wstETH (wrapped staked ETH) and $PONZIE, providing a stable and diversified asset base.

&#x20;2\. Bond Sales and Buybacks

&#x20;• 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.

&#x20;3\. Differentiated from OHM

&#x20;• 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.
