Burning $CEA away!
$CEA is one of our tokens. Aqua Finance created $CEA for our Ocean World and our ecosystem. The maximum supply is 500,000,000 CEA and Aqua Finance will burn CEA until we have only 250,000,000 CEA in total.
We have this system behind $CEA and that is “Buyback and Burns”
This is the system that we create to control the supply for CEA so that it is not going to overflow the market and most importantly we can control the price of it as well. Our team also enable many burning mechanisms which include but are not limited to:
- buyback from deposit fees
- Purchases used in Aquarium Land
- Temporary VIP Tier for AFI privileges
Recently we just burnt another 200,000 $CEA from the market (1st September) and in total since the first round we already burnt 8,285,162 $CEA
The total supply of CEA will be burned until 250,000,000 tokens are left. After all the burns are completed, any CEA and revenue used for payments from these points on will be given back to the CEA liquidity providers and stakers.
Happy diving in the oCEAn !
All questions are welcome at Telegram: https://t.me/aqua_finance_international See you all!
#utilitytoken #aqua finance #aquateam #afitoken #aficharityproject #charity #tomtymgoong #afi #cea
More information:
Website: https://www.aquafinance.live
Twitter: https://twitter.com/aqua_finance
Reddit: https://www.reddit.com/r/AquaFinance/
Instagram: https://www.instagram.com/financeaqua/
Telegram: https://t.me/aqua_finance_international
Youtube: https://www.youtube.com/channel/UCp3lzOVpXZFv_5J4vr5brAA
