Frost

The $FROST algorithmic token serves as the backbone of a rapidly growing ecosystem aimed towards bringing liquidity and new use cases to the Avalanche network, called Frozen Capital.

The protocol's underlying mechanism dynamically adjusts $FROST's supply, pushing its price up or down relative to the price of $AVAX to maintain a peg of 100 FROST = 1 AVAX in the long run.

Inspired by Tomb Finance, frozen.capital is a multi-token protocol which consists of the following three tokens: FROST ($FROST), Frost Shares ($FSHARE) and Frost Bonds ($FBOND)