Aria Token White-paper
See https://ariatoken.medium.com/pre-sale-info-tokenomics-update-631b58e3c4db for updates
Aria Token is a utility token that redistributes a minimum of 5% from every transaction in USD Coin (USDC) rewards automatically to all Aria Token holders.
By simply buying $ARIA and holding the token in your wallet, you earn rewards directly into your wallet.
Aria Token will go by the ticker symbol $ARIA.
The initial supply of $ARIA will be 1,500,000,000
The MAX supply of $ARIA is 100,000,000,000
The MIN supply of $ARIA is 1,000,000,000
Aria Token does not have a APY, instead it is transaction based. The more transactions and more daily volume is traded the more rewards is earned by Aria Token holders.
Configurable fees have a combined max value of 15%
5% — 10% for reward, distributed to Aria token holders
1% — 5% for liquidity on pancake swap
1% — 5% developer/marketing
Automatic variable fees based on market conditions
0% — 3% of transactions burn
0% — 3% of transaction can mint
Initial values on contract creation are as follows:
$ARIA token in its algorithm has the mechanism to burn or mint tokens based on market conditions.
There is a maximum and minimum token amount set in the $ARIA contract. Meaning there can never be less than or more than the min and max amount.
The algorithm to determine whether to burn or mint new tokens will take into consideration the following.
Current market trend of entire Crypto market + the SPY index.
Current Liquidity Pool ratio, is the Pool under over liquified.
The end result is whether to Mint or Burn tokens and what percent to MINT or BURN the percent can be between 0–3% of the current transaction amount.
The rewards is initially set to 7% and gets distributed to all Aria token holders.
Over time as the project matures the we may raise the rewards, the maximum that the rewards can be raised is 10%.
2% of every transaction is converted into liquidity for PancakeSwap. It’s automatic and helps create a price floor (stability).
3% of every transaction is converted to USDC and sent to Aria Dev Team.
- Marketing — create marketing strategies, social media marketing, and any other form to bring more awareness to the project.
- Pay for infrastructure to grow services that will utilize the $ARIA token.
- Grow Dev Team