🪙$AS Token

Overview

The $AS token is an ERC-20 token, embodying the core utility within the Atomshares Ecosystem. It has been developed in-house with a unique smart contract designed to support the Ecosystem's growth and community engagement.

Tax Mechanism

A 5% tax is applied to every buy or sell transaction, but this tax does not apply to transfers between wallets. This ensures that the movement of $AS tokens within the community is smooth. 4% of the taxed amount is automatically transferred to the Funding Wallet - "Protons", the main funding source for community-approved projects and 1% of the taxed amount is transferred to the operations wallet.

Utility and Engagement

The $AS token is not a passive cryptocurrency but a utility token that grants its holders various rights and functionalities within the Atomshares Ecosystem. These token holders can participate in project voting, influence decision-making, and reap the rewards of the Ecosystem's growth. The $AS token's utility ensures an active, engaged, and empowered community.