Afterburner — a DeFi 3.0 project that aims to offer stable and long-term investments through a suite of innovative protocols and groundbreaking mechanisms. Afterburner provides an auto compounding and auto staking service that does all of these things while being held in your wallet, offering investors a 1.28% daily ROI.
Features of the financial project
Afterburner investors are protected by an anti-dumping mechanism that limits investor withdrawals to 2% per day. With its ability to prevent short-term traders from capitalizing on the liquidity of long-term investors, Afterburner is a great passive income tool.
Project features:
| Afterburner Engine | it is a gamified smart contract mechanism that incentivizes investors to make purchases at regular intervals. |
| Burning Chamber | reduces the circulating supply by sending tokens to an inaccessible wallet. Burning Chamber is supported by funds, raised by the Afterburner Engine and the Treasury. |
| Treasury Department | transaction taxes, accumulated in the treasury, will help to maintain the current system, add additional features and new utilities and improve the quality of the platform. |
Unlike other projects, instead of idly holding investors' money in the treasury, Afterburner will buy and burn. Accordingly, this supports both the holders and the liquidity of the project. With all this in mind, Afterburner's vision - to attract new investors to create an ever-increasing market capitalization.
Staking — a long-term passive strategy. As your interest in $ARB grows, your cost base will decrease until it reaches zero. This means that even if the market price of $ARB has had enough time to fall below your original purchase price, the increase in your $ARB amount is expected to outweigh the price decrease.
Other details of how Afterburner works
Afterburner offers a safe environment against market volatility and disruptions, safely accumulating your investment. The Anti-Dump mechanism, which allows only 1-5% of your balance to be cashed out daily, prevents sudden crashes. The selling premium is determined, based on the recent pressure to buy and sell the token.
Tax, charged on token transactions, will accumulate in the Afterburner rewards basket. The collected amount will depend on the result of the internal workings of the engine and will be sent directly to the combustion chamber. Due to the relevant nature of Burning Chamber's, 15% of BUSD assets will be allocated to its automatic buyback mechanism each week.
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