AFFINITY meaning in Cryptocurrency ?

Cryptocurrency Miscellaneous in Cryptocurrency . 2 months ago

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What Is Affinity?

Affinity is a dual reward token (BUSD and Cardano ADA) rewarding investors simply for holding. Working to bring applications to the Defi space that will allow for a much more secure and safe peer-to-peer crypto trading/swapping option.

Affinity Tokenomics:

Buy Tax: 8% Sell Tax: 20%

Tax Buy: 3.5% BUSD Distribution 3.5% Cardano ADA Distribution 0.7% Burn/Liquidity 0.3% Marketing

Tax Sell: 8.75% BUSD Distribution 8.75% Cardano ADA Distribution 1.75% Burn/Liquidity 0.75% Marketing

Overall Distribution: 43.75% BUSD Distribution 43.75% Cardano ADA Distribution 8.75% Burn/Liquidity 3.75% Marketing

What is the primary use case (ADAPT)?

ADAPT has been designed to eliminate mistakes made between peer-to-peer transactions. The use of long, impossible to remember, wallet hashes make it very easy to send cryptocurrency to the wrong address. We have made this a thing of the past while adding extra levels of security along the way. Simple create a username, add an avatar, and send your favorite tokens to others just by knowing their username!

Who are the founders or Affinity?

Affinity was founded by 3 close friends who have worked together in the System Engineering field for many years. All 3 founders are military veterans of the US armed forces (Air Force, Navy, and Marines).

While working together, the idea for ADAPT, peer-to-peer trading/swapping was created. The need to a crypto asset to support the project was discussed. Rewarding holders with two other strong crypto assets in return for holding and investing was the route chosen.

reference nan

Posted on 29 Oct 2024, this text provides information on Cryptocurrency related to Miscellaneous in Cryptocurrency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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