Your balance grows like magic
The fee for each transaction is 1%, will be distributed as follows.
- 0.5% will be given to all shareholders of the liquidity provider AFI-ETH pair at uniswap.
- 0.5% will be given to all AFI holders in any wallet.
To increase the distribution of rewards to holders, exchange company wallets , uniswap wallets or wallets that have balance above 100,000 AFI will not receive rewards, only wallets that have a balance below 100,000 AFI will receive rewards, that is to prevent dumping from whales.
In most DeFi applications, users must stake or park their tokens in a contract to earn a yield. AFI holder doesn't need to do anything, only with HOLD in your personal wallet your Wallet Balance will grow automatically.
Unlike other DEFI products, which have to deposit uniswap shares into a third party wallet, in autofarm.finance with you becoming a liquidity profider AFI-ETH at uniswap, the balance of AFI in your personal wallet will continue to grow.
There is no team that manages fees. No interface is required to claim rewards. No action needs to be taken on the part of the holder apart from holding the AFI in a personal wallet. With AFI, there is no treasury that can be hacked and drained. Everything is true decentralized..