Welcome to Atlantis Finance, home to the first algorithmic token pegged to $FISH on the Arbitrum network via seigniorage mechanism.

The Big Picture

The $aETH algorithmic token serves as the backbone of a rapidly growing ecosystem aimed towards bringing liquidity and new cases to the Arbitrum Ecosystem.
The protocol's underlying mechanism dynamically adjusts $aETH supply, pushing its price up or down relative to the price of $ETH.
Inspired by the original idea behind Basis as well as its predecessors (tomb and tshare), Atlantis Finance is a multi-token protocol which consists of the following three tokens: -Atlantis Ethereum($aETH). -WHALE ($WHALE) -Ethereum Bond ($bETH).

What differentiates $aETH from other algorithmic tokens?

Unlike previous algorithmic tokens, $aETH is not pegged to a stable coin— it is instead pegged to $ETH. Why is this? Atlantis.fi believes in the potential of Arbitrum and Ecosystem, and has chosen to align its mission to both provide value to and derive value from $aETHfuture growth. In addition to existing and future use cases such as DEX , $aETH aims to become the main medium of exchange on Arbitrum: this will be achieved by providing a mirrored, liquid asset to $aETH.
One of the primary shortcomings of past algorithmic tokens has been a lack of use cases, leaving no good reason for somebody to want to use or hold them. In order to successfully maintain the peg in the long-run, the Atlantis Finance team will maintain a focus on innovation around enhanced functionality and use cases.