- This article covers details about what is ALM token and how to buy it.
- Check out the best features of Allium token and its use cases
- Allium has started working on its NFT protocol- Ally
- Ally NFT hosting platform is said to release soon.
Brace yourself all you enthusiasts of moon token. Something big has just hit you. It is the official take-off of Allium Finance. They are out to build a community of moon token fanatics.
Immediately the Allium is up and running with a considerably lofty number of addresses and high-volume trading on Dex and Cex, the community will develop platforms to support and add more worth to Allium and also bring in new moon tokens.
With a flair for building a community, Allium Finance has come up with a community-driven and growth-focused decentralized open-sourced cryptocurrency. Since it was first launched on the 4th of May 2021 under the name of Allium Finance, Allium Finance has continued its steady unprecedented growth. Its initial proof of work (POW) distribution phase was brought to a close in the month of August 2016 when DNET transited to the current proof of stake (POS) phase.
Allium runs on the Binance Smart Chain (BSC) protocol with a blockchain core of 0.10 x codebase. It utilizes a network of master nodes too for an openly visible decentralized governance and increased transaction privacy.
Allium’s main interest is about hitting high liquidity pools and achieving more rapid transaction volumes. High transaction volumes help make the network more sustainable so that all the users of the network can benefit immensely. While Allium Finance has already set out to hit that expectation, some of the features are under development and in no distant time, it will hit out with them already.
Talking about building a community of moon enthusiasts, as of the 7th of May, 2021, Allium announced on their Twitter handle that has already hit a community of 5000 $ALM token holders in the network on the BSC Scan exchange platform.
It already hit 3500 Holders in the first 24 hours of its announcement the previous day and now reached 15000 holders. To show you the speed at which it is going, it still went ahead to hit more than 8000 subscribers that same day.
Best Features of Allium Finance
The Allium token has a lot of features to start with. It is the number one fastest mooning token with an assurance of zero deflation on the go. With a total supply of 1,000,000,000,000,000 ALM in the back pockets of Allium Finance, there is enough to go around for everyone.
A wonderful percentage sharing formula has also been postulated for the distribution of tokens. 25% will go sustaining the liquidity of the system while 5% goes to ensuring proper marketing of the system.
A whopping 50% is available for the stipulated burn event while a further 17.5% was saved for the burn specifically meant for the milestones they intend to hit. 2.5% of this total supply will ensure that the great team of experts putting this beautiful project together is well taken care of.
Many other beautiful features of Allium Finance are stipulated on the company website. They include:
1. Auto-Locking Liquidity
Liquidity is one of, if not the most important feature of any financial instrument. The Allium Finance is built up with an auto-locking liquidity. This feature liquidity ensures that 7% of each transaction locked to liquidity forever.
This ALM feature helps to ensure that the system maintains lower volatility and an uninterrupted increasing-price floor.
2. Automated Staking Rewards
3% of each transaction is the amount that $ALM holders are getting as their automated staking rewards. There is no need to stake anywhere. Merely holding the $ALM will ensure you earn more Allium on a daily basis. It is as simple as that.
3. Permanent Burn
The permanent burn will ensure that 50% of the total supply is burnt after the dollar Allium launch. Participating in the protocol with address, it will facilitate more tokens effectively eliminating them from circulation.
Where Can You Buy Allium Tokens?
Allium tokens are coming out with a bang. There will be no time to waste waiting endlessly for listing on exchanges thereby keeping enthusiasts in an endless wait. They will be directly available for purchase on PancakeSwap and other credible BSC DEX exchanges.
Furthermore, the tokens will also be available on decentralized exchanges such as BSC scan, Captain JackAPE, Crypt0mummy, Unisnipper, and Bsc Gemz.
You need to stay up to date. Just a blink and you might be late for the party or miss out entirely on the show. So, follow Allium Finance on social media from these handles: