Seigniorage protocol token mTOMB is a seigniorage protocol token on Robinhood Chain pegged to tokenized SPY. mTOMB (MTOMB) is a seigniorage protocol token on Robinhood Chain. It targets a one-to-one peg with one raw SPY token, the tokenized S&P 500 already deployed on the chain. The design uses algorithmic supply adjustments rather than a dollar or gas token peg. Peg mechanism The token maintains its SPY peg through minting, treasury buys, and a stability module. Above the peg the protocol mints and sells into demand. Below the peg the treasury buys back and contracts supply. Once the treasury holds SPY, a Peg Stability Module enables one-for-one swaps of mTOMB for SPY minus a fee that serves as both revenue and floor. Protocol and origin mTOMB anchors RWA liquidity pools as the base asset in the Tomb Markets protocol. mTOMB serves as the base asset for tokenized equity trading pools on Robinhood Chain, starting with the SPY pair. It forms part of a three-token system alongside mSHARE for seigniorage claims and draws from classic Tomb-style mechanics adapted to the chain's stock tokens.
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