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

# ATLANTIS FINANCE

## 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.