AUMI Token strategy?
The AUMI token is the core of the AutoMatic
ecosystem. The token can either be purchased and
staked, or earned as a reward from various pools. For
every 10 Matic earned through performance fees,
9.8 AUMI will be minted. AUMI buys and sells are
subject to an adjustable tax of 0-10% on trading that
will be converted to WMATIC, which will fund the
rewards for The Vault.
Pools are investment instruments that employ
specific sets of strategies for yield farming. They
make use of automation to continually invest and
reinvest deposited funds to achieve high levels of
compounded interest. In pools, you earn more of the
asset you stake in it regardless if this is a liquidity pool
(LP) token or a single asset.
For example, pools where
one can stake QUICK-MATIC LP will result in more
QUICK-MATIC LP or QUICK over time, effectively
growing your share in the pool and thus allowing for
more and more rewards over time.
Only the non AUMI pools take performance fees and a 0.5% withdrawal fee for
withdrawals in less than 72 hours from the time of
staking. These fees will be less than the opportunity
and gas cost of attempting to replicate the growth
curve as an individual. Fees will be used as rewards
for AUMI holders
The Vault has a three month penalty period for deposits, grouped by week.
After the three month period has elapsed, funds for
that week are available for withdrawal at no penalty.
Funds can be withdrawn at any time before the three
months have elapsed with a 50% penalty. Funds in
The Vault continue to earn rewards while they are left
unclaimed, as well as providing weight for
Liquidity pools (LP) provide further options for
farmers. These are a slightly more complex form of
investing, and provide both more opportunities for
growth and higher risk.
Single Asset Pools
Single-asset pools are the simplest form of yield
farming. Users stake their tokens in the pool, and the
protocol handles everything else. AutoMatic will
compound the value investors put in at an optimal
rate to ensure the best rewards.
The fee structure.
30% Performance Fee
0.5% Withdrawal Fee
The 30% performance fee
and withdrawal fee are
collected and given to the
AUMI stakers. For every
10 MATIC earned through
performance fees, 9.8
AUMI is minted and given
to respective users. Users
will be earning money
through this performance
fee system as long as the
price of AUMI stays above
All these fees
will ultimately go towards
staking AUMI, thereby
ensuring the sustainability
and longevity of the project
and benefitting both AUMI
supporters and holders.