Atoll Protocol
  • Start With...
  • Multi-source Pegging Mechanism
  • AMO
    • Overview
    • Base AMO
    • PSM (Peg Stability Module)
    • $satETH Vault (staked atETH)
  • Token economics
    • ATOLL Token Allocation
  • Governance
    • Governance
  • Security
    • Multi-chain Separation
    • Contract Addresses
    • Audits
    • Terms of Service
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  1. AMO

Overview

PreviousMulti-source Pegging MechanismNextBase AMO

Last updated 10 months ago

An AMO (Algorithmic Market Operations Controller) is an autonomous contract(s) that enacts arbitrary monetary policy so long as it does not change the price off its peg. It mints or burns $atETH tokens and performs predefined operations in the market without affecting the pegging, in order to expand protocol liquidity and earn revenue. Since the operations after minting or burning $atETH can be defined by the protocol, unlike stablecoin protocols with a single mechanism, the protocol can formulate complex strategies and leverage more modular DeFi Legos, thus more actively controlling the price peg and bringing income for the protocol.

Currently, the protocol is composed of three kinds of AMOs:

Base AMO
PSM (Peg Stability Module)
$satETH Vault (staked atETH)