avtoMATIC Tokenomics
What is $AVTO
avtoMATIC’s native token is known as $AVTO and serves three functions:
- (1) as a reward token,
- (2) as a profit share token, and
- (3) finally as a governance token
The $AVTO maximum supply is limited to only 21,000,000 possible tokens, $AVTO emissions (i.e. the rate at which $AVTO tokens are minted) follows follow a smoothed sigmoid curve such that the amount of $AVTO minted per day decreases overtime. This serves to smooth out price action and to prevent price action from falling off a cliff to zero. This is common among inflationary tokens that have an unlimited supply.
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Similar to $FUEL on BSC, $AVTO is set with a 2% burn tax. This allows risk tolerant investors an opportunity to swing trade or if they are more risk adverse they can stake $AVTO and receive WMATIC dividends.
In the early launch phases of the project, $AVTO will also emit for single token stakers for a limited time. Partnerships will be sought to make available other partner tokens into the dividend distribution pool. Single token token stakers will also be able to participate in these joint projects as well.
Keeping consistent with the goals of this project, our desire is to make the ability to earn as intuitive and simple as possible. So simple, non-crypto natives can easily participate and understand how to take advantage of avtoMATIC. Simplicity on the front-end backed by complex sophistication on the back-end to generate an automated yield making machine.
Hold $AVTO, Stake $AVTO, and earn all manner of rewards straight to your wallet avtomatically!
