Tokenomics
AutoLayer aims to protect the holders with multiple layers of security and secure the early adopters from dumping, inflation, and any other common and overlooked issues.
Ticker: $LAY3R
Contract Address: TBD
Chain: Arbitrum One.
Max Cap: 32,000,000 $LAY3R
AutoLayer Token Utility
The AutoLayer token is at the core of the entire Dapp, gaining value as the user base grows and rewarding its holders. To achieve this, a platform fee of 0.15% applies to every operation conducted on AutoLayer. This operation does not consume gas, as it is bundled with the rest of the initial transactions. In this operation, we will buy LAY3R and ETH on the market, and provide liquidity to the LAY3R/ETH pair. LP tokens are then sent to the user's wallet, and holding those LP Tokens will earn more LAY3R tokens over time. The longer the user holds them, the bigger the yield.
To calculate this, we'll use a simple formula:
The AutoLayer Team is fully committed to transparency regarding fees. Users can easily track and verify the fees associated with their transactions by reviewing the details on any blockchain scanner, ensuring clear visibility into the fee structure implemented by the platform.
Auto tokens
Points have gained prominence, yet there may arise a necessity to convert them into liquid assets. Each point system integrated into AutoLayer will feature a mechanism to facilitate the conversion of points into assets. Our primary offering in this regard will be vaults, tasked with storing these points and effecting their conversion into liquid assets. These liquid assets are referred to as Point-Derivatives. Upon a user's redemption of these tokens, AutoLayer will generate a Liquid version of the respective token (to be determined).
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