Armada

Armada

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Armada ($ARMD) is a deflationary cryptocurrency that protects holders using a buyback and burn contract, whilst rewarding holders with depreciating fees.
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About Armada

Armada is building itself to be the next revolution in the DeFi space with its unique depreciating fees mechanism. How do Liquid Fees work? Liquid Fees are a new invention that tracks the time a holder has held a certain number of Armada tokens and constantly adjusts their transaction fees in a depreciating manner. This directly rewards holders.

Transaction fees have become a huge thing in the growing DeFi market. Almost $100 Billion worth of crypto-tokens have been traded this year. Nearly all of them have fees that no other industry would even dare to pursue. With Armada we are changing things. Fees are no longer static, but Liquid - This means that investors can be rewarded from the high fees traders are subject too, but can reap the rewards of a zero percent transaction fee if they hold for long enough.

Every time a new buyer buys $ARMD, they have a buying fee. Once they are holding $ARMD, their selling and buying fees simultaneously depreciate, as so they will reach zero percent in 30 days. This means holders can sell with no fees and buy more $ARMD with no fees. If a holder buys more $ARMD, the fee is readjusted up somewhat depending on how many tokens are being held and how many are being bought.

Armada Last News

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