Atoll ETH (Sonic)

atETH is a fully collateralized, decentralized pegged token designed to maintain a 1:1 value with ETH. Built by Atoll Protocol, it leverages Algorithmic Market Operations (AMOs) to ensure price stability and generate yield through dynamic market participation. Unlike traditional pegged tokens, atETH utilizes automated arbitrage strategies and liquidity optimization to preserve its peg while earning returns from market fluctuations. It can be used across various DeFi platforms for trading, liquidity provision, staking, and farming, making it a versatile and profitable asset for decentralized finance participants.