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

# Welcome

**Welcome to Fang Finance, an algorithmic token pegged to $ETH on the Ethereum network; functioning as a premier DEX yield station for SuperNova.**

<figure><img src="/files/RO7ixXJVyB8i58YggdSE" alt=""><figcaption></figcaption></figure>

{% hint style="info" %}
Please NOTE: While Bonds are available via the contract, We HIGHLY discourage them.

While this is subject to change the reason is to not accure bad debt for the protocol or have users trapped in assets.
{% endhint %}

### Overview

The $FANG token serves as the foundation of a growing ecosystem within the Ethereum network. Its primary objective is to maintain a stable peg to $ETH and expand the utility of Ethereum network’s native assets.

The protocol dynamically adjusts the supply of $FANG based on market conditions, helping to keep its price in line with $ETH while offering exciting opportunities for users and the community.

The protocol follows a multi-token model inspired by previous algorithmic stablecoin systems and consists of the following tokens:

* **Fang Finance Tokens:**
  * **Fang ($FANG)**
  * **Fang Shares ($gFANG)**

We are highly optimistic about **SuperNova** and have designed $FANG to enhance its utility within the **Ethereum** ecosystem.


---

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