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HomeCOINSWhat Is Aufin Protocol(AUN) ? Complete Guide & Review...

What Is Aufin Protocol(AUN) ? Complete Guide & Review About Aufin Protocol

What Is Aufin Protocol(AUN) ?

Aufin Protocol is shortened form of Automatic Financial, a protocol that provides a decentralized financial asset which rewards users with a sustainable fixed compound interest up to 480,419.00% for the first 12 months.

Aufin focused on DeFi innovation that creates benefits and value for Aufin token holders. Here are some benefits for holders of $AUN:

  • Low Risk with the Aufin Insurance – 5% of all trading fees are stored in The Aufin Insurance which helps sustain and back the staking rewards by maintaining price stability and greatly reducing downside risk.
  • Easy and Safe Staking The Aufin token always stays in your wallet so it doesn’t need to be put into the hands of a 3rd party or centralized authority. All you need to do is buy & hold as you automatically receive rewards in your own wallet so there’s no more complicated staking processes at all.
  • Interest Yield with Automatic Payments You need not be worry about having to re-stake your tokens. Interest yield is paid automatically and compounded in your own wallet, guaranteeing you will never miss a payment.
  • Highest Fixed APY Aufin pays out at 480,419.00% in the first 12 months which rivals anything in the DeFi arena to date. After the first 12 months the interest rate drops over an Epoch.
  • Rapid Interest PaymentsThe Aufin Protocol pays every Aufin Token holder each and every 10 minutes or 144 times each day, making it the fastest auto-compounding protocol in crypto.
  • Auto Token Burn One of the exciting features of the Aufin Protocol is an automatic token burn system named “The Aufin Fireplace” which prevents circulating supply getting out of hand and becoming unmanageable. The Fireplace burns 2.5% out of all Aufin Token market sales and is burned in the same individual transaction.

Aufin Protocol Storage Key Points

Coin BasicInformation
Coin NameAufin Protocol
Short NameAUN
Circulating Supply688,000.00 AUN
Max Supply10,000,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Tokenomics

$AUN is a BEP-20 token with an elastic supply that rewards holders using a positive rebase formula.

Automatic LP

4% of the trading fees return to the liquidity ensuring increasing collateral value.

Risk Free Value

5% of the trading fees are redirected to the Aufin insurance which helps sustain and back the staking rewards provided by the positive rebase.

Treasury

2.5% of the purchases and 4.5% of the sales go directly to the treasury which supports the Aufin insurance.

Fireplace

2.5% of all $AUN traded are burnt in The Aufin Fireplace

The Aufin Insurance

The Aufin Insurance uses an algorithm that backs the Rebase Rewards and is supported by a portion of the buy and sell trading fees that accrue in the Insurance wallet. In simple terms, the staking rewards (rebase rewards) which are distributed every 10 minutes at a rate of 0.01613% are backed by the Insurance parameter, thus ensuring a high and stable interest rate to $AUN token holders. 5% of all trading fees are stored in the The Aufin Insurance which helps sustain and back the staking rewards provided by the positive rebase.

The Aufin Insurance keeps holders safe by:

  • Avoiding flash crash through price stability
  • Achieving long term sustainability and future growth of the Aufin Protocol
  • Greatly reducing downside risk

The Aufin Treasury

The Aufin Treasury plays a very important role in Aufin Protocol. It provides three extremely critical functions for the growth and sustainability of Aufin. The treasury can become important in the event of an extreme price drop of the $AUN token or unforeseen black-swan event. It helps to establish a floor value for the $AUN token. The treasury provides funding for marketing, growth hacking the community. The treasury will be used to fund new Aufin products, services, and projects that will expand and provide more value to the community.

The Aufin Auto-Liquidity

Every 48 hours, the Aufin Auto-Liquidity will inject automatic liquidity into the market. On each buy or sell order there is a 4% tax fee that automatically gets stored into an Auto-LP wallet and built into our protocol’s smart contract is the mechanism which smartly takes the 50% of the amount of $AUN stored in the wallet, and will automatically buy $BNB at the current market price.

The remaining 50% of $AUN in the Auto-LP wallet will be used for the $AUN side of liquidity, therefore giving equal an 50/50 weighting of AUN/BNB which will then be automatically added as new, additional liquidity into the market pair and raising the amount of liquidity in the pool.

The Aufin Auto-Liquidity will do this every 48 hours by adding more and more liquidity to the pool which will allow $AUN token holders to easily sell their tokens at anytime with little to no market slippage. It will also aid in maintaining protocol stability to make sure the APY is upheld for the entire life of The Aufin Protocol.