Motivation and Applications
Understanding the motivation and applications of your assets is important for a more assertive decision-making.
Last updated
Understanding the motivation and applications of your assets is important for a more assertive decision-making.
Last updated
AURO is the second token of the Viralata Finance ecosystem, which seeks to make the project commercially viable through friendly rates and a contract that adapts to market conditions.
Born as a meme, the REAU token exists through a contract that can no longer be changed. REAU is like its inspiration, a stray dog left by his owners at launch, and despite the goodwill of a huge community, there were times when the contract slack became a burden on the project's long-term continuity.
AURO is being developed to solve two problems.:
Immutable rates of 5% of the REAU make its application in commerce unfeasible (the complete cycle of the REAU - purchase, transfer and sale - may raise the rate of 5% even more);
Need for a token to reward users for contributing to the growth of the Viralata ecosystem (providing liquidity, for example).
To tackle these issues, AURO is being developed as an inflationary token, meaning new tokens will be issued over time. Inflationary tokens are also used by DEX to reward its investors for providing liquidity. Examples of inflationary tokens are: Cake (PancakeSwap by BSC), Sushi (SushiSwap by ETH), Quick (QuickSwap by Matic) and Banana (ApeSwap, multichain).
This class of tokens demands a fine-tuning of demand/consumption. This will be done by modifying the issue and allocation parameters, in order to maintain gains for all investors seeking a balance in the price of the AURO token.
