$ASVA Token Utility & Tokenomics

in asva •  3 years ago 

$ASVA token fuels the Asva Finance economy. The token IDO and TGE are slated for release in dash. Talking about the tokenomics, there are a number of things that should be noted, some features.

1.) Protocol incentive structure: $ASVA tokens will accredit the protocol incentive structure of the ecosystem on top blockchains like BSC, Polygon, Polkadot, Solana, and Avalanche.

2.) Staking: The primary utility of $ASVA tokens will constitute staking to represent voting power and distribution of staking fees.

3.) Governance: As the governance token on Asva Finance, $ASVA will grant voting rights to users and make them a part of the decision-making process. Token holders will have a say in various aspects concerning the future of the ecosystem following a community-driven DAO structure.

4.) Yield economics: Asva Finance features multi-chain yield aggregation to help users make optimum results from their yield farming strategies with high APYs
Multi-chain is the only way forward in DeFi. Asva Finance spearheads the growth of the DeFi sector with its unique value propositions and host of new functionalities.

The year 2021 has been all about the metaverse. Tech giants have declared it as the future of the internet, VR, AR, blockchain, and whatnot. Much of the recent spike in interest can be attributed to the emergence of NFTs and gamified platforms into the limelight. There is one shortcoming. Despite the massive potential of these industries, the number of ambitious start-ups that pop up, and the huge demand in the market, the flow of capital is scrambled.

This is where Asva Ventures comes in — A multi-chain fundraising platform that brings together promising projects, retail investors, and crypto communities with an aim to disrupt and decentralize the NFT, metaverse industries. One of the key defining features would be DAO and funding frameworks.

For the metaverse to evolve into a democratic and equitable space that is accessible to all, the market has to be decentralized. Asva Ventures realizes this by disrupting early-stage fundraising. They support promising start-ups with pioneering vision to take off with the help of retail investors. A win-win ecosystem that benefits all players. Now, how do to ensure the smooth functioning of the listed projects adhering to a decentralized foundation? ASVA offers DAO frameworks to help them make the move to community governance over time and attain self-sustainability.
Asva Ventures supports the growth of projects through an incubator, accelerator, and an IDO launchpad. The incubator and accelerator programs offer a suite of frameworks to give strategic and fundraising assistance during the launching, development, and expansion phases. Marketing and promotion support is extended by harnessing the network of leading influencers, KOLS and marketing experts. Asva Launchpad supports token pre-sales and opens up early-stage investment opportunities to retail investors. The platform is set apart by diligent listing, rug-proof mechanisms, and fair token allocation.
MetaLaunch BETA Testnet Programme:
MetaLaunch, powered by Asva Labs, is a Multi-chain Launchpad for Metaverse and Blockchain Gaming projects. Initially built on the Polygon PoS chain, MetaLaunch is specifically dedicated to serving the top-tier metaverse projects. ASVA is launching a testnet programme.
This Testnet event is a great opportunity for supporters to get a hands-on experience of MetaLaunch. This is also a chance to earn prizes by giving the project a hand to push to the next stage. Participation details are as follows:
A $5000 ASVA Bounty. A time frame for application, with starting time from November 26, 2021 at 10 PM UTC and ending time at December 1, 2021 at 10 PM UTC. Private Beta Testing will then commence on December 3, 2021.

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