(MENAFN – Hmedium.com) BitMart, a premier global digital asset trading platform, will list AquaGoat (AQUAGOAT) on June 2, 2021. For all BitMart users, the AQUAGOAT/USDT trading pair will be officially available for trading at 4:00 AM EDT. To celebrate the listing of AQUAGOAT, BitMart is giving away a total of 29,760,000,000,000 AQUAGOAT in Registration Bonus and AQUAGOAT Hold & Earn event!
What is AquaGoat?
AquaGoat was stealth-launched by an Australian developer on April 7, 2021. Since its inception, an international development team was formed out of investors from the community. Continuing with the community-driven aspect, the development team aims for community involvement and maintains full transparency for the project, holding polls and discussions with the community for key decisions with the project, culminating with a community-led decision to pursue ocean rehabilitation efforts with The Ocean Clean Up.
The development team comes from a diverse background of established positions in different sectors and respectable companies, providing their expertise and experience for the mutual benefit of the project and holders.
AquaGoat’s long term goal is to establish itself as an industry leader in the emerging Decentralized Finance sector, focusing on ecological conservation efforts to reduce the man-induced effects of global climate change, while providing economic empowerment for all through an appreciating decentralized yield-generating cryptocurrency.
Redistribution is conditional upon the volume of the token being traded. This alleviates sell pressure caused by early investors buying at the token’s start, when the Liquidity Pool is extremely low. The reward is that the early investor’s potential high sell volume would increase the amount of coins redistributed to the Liquidity Pool and community members’ wallets.
Automatic Liquidity Pool
Like many recent community-driven coins, liquidity is automatically added in the liquidity pool. The contract takes a 4% fee from any transaction, including buying, selling, or transferring between wallets, then redistributes those tokens. A portion of that fee (2% of every transaction) is added to the liquidity pool and paired with BNB. The penalty is a deterrent for trying to play the extremes of the market; however, the redistribution rewards holders that hold while AquaGoat transactions occur between these extremes. The goal is to retain long-term holders and ensure confidence in investors to hold during volatility while earning redistributed returns. AquaGoat’s vision is to make people money safely and securely while benefitting our environment, and hopes to protect all investments by implementing algorithms to mitigate market manipulation tactics employed by large investors.
AquaGoat aims to be a safe, long-term investment that grows with its community. We opened with a fair launch with no presale. The Liquidity Pool has been locked and burned. The developer left the project to the community and burnt all developer AquaGoat tokens at launch to ensure that a developer rug-pull can’t happen. There may still be holders with large amounts of tokens, as any long-term holder could become a whale one day with the amount of tokens being burnt and liquidity being added. However, this does mean that there is certainty of no developer rug pull. A whale dumping may cause short term harm to the value of AquaGoat, but the community can always recover. To ensure a long life of AquaGoat, liquidity is added to the Liquidity Pool with every transaction. As it is all burnt, no one (including the developer or admins) can pull the liquidity out. The more transactions, the higher the floor gets!
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As a decentralized frictionless yield-generation utility eco-token on the Binance Smart Chain, AquaGoat provides investors an opportunity to invest in a cryptocurrency which provides passive interest from every transaction, while also benefitting the planet by helping to fund ocean conservation and cleaning initiatives. AquaGoat is the next generation of DeFi, promoting social responsibility with users, communities, and our oceans in mind. To learn more about AquaGoat, please visit their website, follow their Twitter and join their Telegram.