- This article covers the core of Allium Finance and ALM Tokenomics
- Find out how ALM works with optimizing future plans and planned releases
- You will get an idea of the even distribution of the ALM token and milestones for burn events
- Are you curious what’s next? Here’s a quarterly roadmap sketch!
Allium Finance (ALM) is a parent company working on the BSC (Binance Smart Chain) protocol and the Blockchain Core 0.10.x code base. At 4th In May 2021, the company launched a community-oriented and growth-fascinating decentralized open source virtual asset – Allium.
The main goal of Allium is to achieve high pools of liquidity and faster transaction volume. This will help support the network for the benefit of all dedicated users. As we work on the goals to be achieved, some of the features are still under development and will be released shortly.
According to the CEO of ALM, “The Allium project currently has an open task and development environment. We have an accessible development team with multiple social networking boards and we welcome everyone regardless of their technical expertise. We encourage people to achieve their goals without hurdles instead of acting as gatekeepers or hierarchical structures to obtain permissions. “
The theoretical news is that the first phase of Proof of Work sales was completed in August 2016 when DNET moved into the current Proof of Stake phase. Therefore, we have built our token and portal on the latest protocols and structures that are trending with ease. The Allium protocol uses a network of master nodes to act as openly visible decentralized governance and improve data protection for transactions.
We believe in uniting with the real world to perform better. Our goal is to make Allium Finance available everywhere in this market. You will agree that Defi stays here and ALM wants to be an integral part of it.
# 1 Fastest Mooning Token – Allium Finance
Allium tokens are Allium Finance’s capital created using blockchain protocols. The auto liquidity and boost mechanism are said to be the key to Allium tokens. Now it is available directly on the decentralized exchanges of PancakeSwap and BSC.
The tokens in the swap work with an auto-liquidity mechanism to make sure that every transaction is backed up with the pool, which maintains the burn events at multiple intervals. Allium tokens are kept securely in their respective pool for future concerns.
We take care of the worst taking into account the market scenario and insure our holders an Allium token experience with high yield and high moon salary. Our team has managed to offer the best rewards and burning events without deflation. Allium is a return and liquidity generation protocol designed to reward holders directly while rapidly increasing liquidity.
Allium Finance ALM Tokenomics
ALM token distribution according to the allocated shares:
- Liquidity – 25%
- Marketing- 5%
- Burn event – 50%
- Milestone burn – 17.5%
- Team- 2.5%
How does ALM work?
Our motive is to build a community of moon token enthusiasts. As soon as the Allium is known with a high number of addresses, we will try to achieve the flexibility to improve the service and availability.
We look forward to promoting high volume trading on both decentralized and centralized exchanges, where the community will develop platforms to promote Allium and add more value. The team will also introduce new moon tokens in the coming future.
- Auto-locking liquidity
During the transaction, almost 7% of every transaction is forever locked in liquidity. This is due to the reaction of the volatile market, which guarantees a continuously rising lower price limit.
- Automated stake out rewards
Allium holders currently receive an automated stakeout bonus of 3% for every transaction made. User just need to hold it and make more $ Allium every day and use it everywhere.
- Permanent burn
We have already announced that 50% of the total offer will be burned after the start of the $ Allium. This step is to accumulate more tokens and get them out of circulation efficiently.
Future plans and pre-planned events
We recently presented our Burn Event in the published whitepaper. In order to make the view understandable, we will burn ALM tokens with regard to their trading volume on our crypto-to-crypto platform in each phase. This will continue until we have eliminated 50% of ALM.
The team will eventually burn 50,000,000,000,000 ALM tokens. ALM tokens that have been listed once decide to check their bonds in other countries after they have started in Fiat ramps. Let’s quickly go over the milestones of the burn event:
After completing 1000 Allium holders, 10% Allium from the Milestone fuel supply worth (17.5% supply) will be burned.
Upon completion of 2500 Allium holders, 25% Allium will be burned from the Milestone fuel supply worth (17.5% supply).
After reaching 5000 Allium Holders, 25% Allium from Milestone burns worth 17.5% will be burned.
Upon completion of 10000 Allium Holders, 25% Allium will be incinerated from milestone burns worth shipping (17.5% delivery).
Upon completion of 25,000 Allium Holders, 25% Allium will burn by milestone incineration.
Allium presents its Reward Balance System, which offers exclusive advantages over reward sharing methods.
- This protocol can indirectly affect the total number of nodes present in the network through different reward sizes in order to change the profitability compared to the usage.
- It can encourage rewards staking when the number of major nodes is high by increasing the portion of the reward payment in order to maintain a high level of network security.
- The master node profitability is intentionally higher than staking out until the number of master nodes stays below the equilibrium threshold of approximately 5%. 40% of the coin offer.
- It authenticates all coin owners to receive rewards for holding coins, giving them a more equitable and less centralized system.
Behind our success are many supportive partners who have worked together to achieve positive results and provide satisfactory services. We would like to mention some of the supporters and credit them with the success: Bit ExchanGe Digital Market, ICO Agency Exchange Rate Currency, Crypto Forest, Bitco.in Digital Currency, BRZZNR Bitcoin, BTRC.IO, Crypto News and ICO Network.
Allium Finance Road Map
The following procedures and versions are the main features of our design and development protocols. We planned the applications and improvised the deployment according to your preferences. Check out the detailed outline of our pursued goals and upcoming announcements.
Concept creation: We have put together all the resources and the team
Research and implementation: Finding the best technology and marketing strategy has already been achieved
Design: We have started our project design and the roadmap is live.
Develop tokens: We develop token smart contracts for the Binance smart chain
Listing: We have initiated the listing of our token on PancakeSwap and another listing process is in action
Marketing and Bounty: Everything ready to unlock the Allium token bounty program for public token acquisition
Start product: ALM is a blockchain application for financial management developed by the Allium team
Create listing and partnerships: We plan to combine platform expertise with more exchange platforms and crypto service providers for using Allium Finance applications.
Other operations: We have planned for many more releases and application protocols to be released soon such as integration with private chains, more coins in the wallet, launching new tokens, etc.
ALM tokens performed significantly better than new tokens. It offers the opportunity to build an anti-deflationary and community-driven cryptocurrency platform in this market ecosystem. The user can enjoy this event by just holding rewards. We have a lot more to offer, such as a reward system, LP acquisition and a special branding.
Our sole intention is to ensure the security of the POS network and service integration. This is achieved by creating an incentive to participate and then examining the liquidity on the stock exchanges. In turn, it controls our growth rate and number of major node network.
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