About OBELISK
Leveraging Aerodrome LP Farming and veAERO rewards in a Seigniorage protocol with shares acting as a AERO+veAERO wrapper.
OBELISK token is designed to be used as a medium of exchange. The built-in stability mechanism in the protocol aims to maintain OBELISK'S peg to 1 ETH in the long run.
Note that OBELISK actively pegs via the algorithm, it does not mean it will be valued at 1 ETH at all times as it is not fully collaterized.