What is Adventure token
TWA Adventure Token is a deflationary community token.
Every time Adventure Token is purchased, sold or transferred between wallets one percent of the total transaction value is burnt, meaning that with every trade Adventure Token becomes scarcer. Trading attracts liquidity, which in-turn attracts further trading. Liquidity grows and the supply of Adventure Token decreases with every trade.
Holding Adventure Token also gives you the opportunity to earn further rewards in the Adventure Luna Fund.
Adventure LUNA Fund
Adventure Luna Fund is a portfolio of the leading cryptocurrencies.
The Adventure Luna Fund is made up of five tokens: Uni, Ethereum, Bitcoin, Chainlink and of course Adventure Token and runs on the Balancer Protocol. The Fund will automatically trade yours and other holders tokens to keep the portfolio in balance, stabilizing the Adventure Token price, and with every trade Adventure Tokens are burnt reducing the overall supply. With each trade your token value increases and you don't need to manage these trades for yourself, the fund handles this for you.
Step 2 Pool
Next, add your TWA Adventure Tokens along with an equal dollar amount of Ethereum to the Uniswap Liquidity Pool. You will receive an Adventure LP Token (Liquidity Provider) which represents the amount of value you added to the pool, you can use this LP token in step 3. You will earn rewards in Adventure Tokens and Ethereum for providing liquidity to the Uniswap Liquidity Pool.
Step 3 Balance
Finally, we can add our Adventure LP Tokens to the Adventure Luna Fund and this will give us further rewards in the form of Balancer tokens for participating in the Fund. So, then you will be earning in three different ways with Adventure Token. You don't need any other tokens to join the Fund other than the Adventure LP token. The Fund will balance all the Adventure LP Tokens with the other four tokens in the Adventure Luna Fund.
We Love To Burn
Adventure Token started with 101 Million tokens, 94% of those have now either aleady been burnt or are locked for 2 years and will all be burnt on release in November 2022.
So, the really important number is our 5.9 Million circulating supply-- No more tokens will ever enter the supply now, that's it, it's that simple. These 5.9 Million tokens will further reduce at a burn rate of 1% of the transactional value for each transaction conducted.
The Adventure Commitment
- Visible Team-- transparency of who is providing the promises to the community
- Open Public Github-- community accessibility to verifiable code
- Audited Contracts-- openly published, showing the code is robust and has been independently scrutinized
- Initial Liquidity Locked on Unicrypt-- Guaranteed Liquidity for the community
- No Pre-Sale or ICO-- Fair and even distribution of tokens
- No ability to Mint New Tokens-- provable commitment to the fixed maximium token supply
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