Protocol Overview
Gladiator Finance is a novel protocol Avalanche Network. It was inspired by other great protocols, such as Tomb Finance or Wolf.Game.
WHAT IS GLADIATOR FINANCE?
Gladiator Finance is a DeFi protocol that combines the best of both Tomb Finance and Wolf Game. This innovative hybrid allows for the benefits of Tomb's algorithmic stablecoin (in our case, pegged to 0.1 $AVAX) along with the novel mechanics of Wolf Game's risk protocol. Gladiator Finance takes the best of both concepts and merges them into a single superb ecosystem. After the launch the core team will improve on the already existing King of the Colosseum and provide its utilities to benefit all participants of Gladiator Finance, build a nice Fireplace and Gladiator Camps, and much more. This document will be extended in the future to reflect current changes.
WHAT IS THE IDEA BEHIND IT?
Tomb has seen a huge number of aspiring projects forking its codebase in an attempt to mimic its success. Most of them have failed, as they forgot to add additional value. Gladiator Finance goes one step further, creating a truly fair protocol where everyone can win... Not just whales and the early investors ✌️
WHY GLADIATOR FINANCE MUST EXIST!
Because GLAD is pegged to AVAX, you benefit from the price appreciation of AVAX, while compounding your GLAD in the Arena to earn even more returns on your capital! You get more for your money. It's a win-win situation.
With Gladiator Finance you can utilize your capital to its full potential, yielding you far superior returns compared to regular holders. More can be earned with Gladiator Finance than simple staking or regular liquidity providing. And that's not all!
Our ecosystem allows every investor to profit from the irrational swings of the volatile crypto market.
If GLAD is perfectly pegged to AVAX, then the market is rational. However, we all know the market is rarely rational. These deviations from the peg allow for significant arbitrage opportunities for GLAD holders.
When GLAD is above peg, the Catacombs start to print GLAD tokens for the GLADSHARE stakers to push the price down where it should be. This increases value for all GLADSHARE holders.
If GLAD is ever below peg, our upcoming utility rich NFT collections will push the price of GLAD back up by burning the oversupply and creating additional demand. Decreasing the supply pushes price up, which also creates value for GLAD holders!
Last updated
