Σconomics
Holders of $NFAi tokens receive a multitude of benefits, rendering it an indispensable component of a cryptocurrency portfolio.
Token
Σconomics
On January 16th, 2023, 100 million $NFAi tokens were released onto the Ethereum network. This marked the beginning of the largest crypto-focused data science experiment ever seen in crypto.
Our global team of individuals from the fields of finance, data science, and computer science have undertaken a journey to create a decentralized hedge fund that gives profits back to its holders.
Allocation
Locked Liquidity - 77%
Founding Team - 8%
Additional LP / Reward - 15%
Taxes
Buy Tax - 6%
Sale Tax - 6%
Transfer Tax - 0%
Token Supply
Initial - 100,000,000
Burned - 3.7% (3,734,520)
Circulating - 96,265,5480
Σconomic
Model
Our decentralized Hedge Fund experiment aims to use the power of neural net technology to make leverage trading decisions on trading platforms. Profits from the protocol will be used to fund further developments and reward holders via buybacks, burns, and an upcoming staking module. We believe our economic model will change the way people view cryptocurrency investing.
How it Works
Investment Pool
Funded by Taxes of $NFAi Purchases
and Sales
Alpha
Beta
Gamma
Canis
Profit Pool
Profit generated through
AI-trading, lending,
and definsurance
Hecate
Community Vote
Profit Distribution
Governed by Community
through a DAO
Buy Back And Burn
Athena Alpha
Staking
Staking
Athena Beta
Staking
Athena Gamma
Staking
Single
LP
Single
LP
Single
LP
Deep Dive
It all begins with taxes collected from the purchases and sales of $NFAi tokens. These funds are held into an investment pool used by our neural network to trade cryptocurrencies across multiple decentralized exchanges. Think of it as a war chest funding all three of our trading algorithms: Athena Alpha, Athena Beta, and Athena Gamma. As each algo seeks yield, profits are collected in both ETH and USDC, and then sent into a profit pool governed by $NFAi token holders.
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In the initial phase of our development, all profits will be used to buyback and burn $NFAi tokens. In phase 3, profit distribution will be defined by NFAi token holders through a DAO. Each token will provide a voting right and holders will be able to vote on how profits are distributed. A portion could be used to continue buybacks and burns, while the other portion could be distributed to $NFAi token holders in ETH and USDC.
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Profit distribution will be done via the staking portion of our ecosystem. You will be able to stake against any Athena trading strategy (Alpha, Beta, or Gamma). Staking will not be locked, meaning you are free to unstake your assets as you see fit. Staking will be done either via NFAi tokens or NFAi/ETH Liquidity Pair. We will incentivize the NFAI/ETH LP pool by rewarding those that stake LP tokens at a significant higher magnitude than NFAi only staking to increase liquidity and volume on the token.
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As a hedge to Athena, Canis and Hecate will offer $NFAi holders a source of yield that is largely price agnostic and provide a massive opportunity for additional rewards. These rewards will also be distributed through our staking protocol and more information will be made available as we approach phase 3 of our development.