❓ FAQs
1. How does the rebase work?
The rebase operation allows tokens to work in a way that the circulating supply expands or contracts due to changes in token price. This increase or decrease in supply works with a mechanism called rebasing. Aphrodite uses a positive rebase formula which increases the $APHR supply of each holder. 2. Where can I buy $APHR tokens ?
The $APHR token will be available on Thetys. A link will be added here once $APHR is available. You need to know how to set up Metis network on Metamask here is a tutorial (https://wiki.rugdoc.io/docs/how-to-bridge-funds-from-binance-smart-chain-to-metis-using-the-polybridge/)
3. How do I stake?
The Aphrodite system allows users a simple way to stake and receive staking rewards. Simply hold $APHR, interest yield is paid automatically and compounded into your own wallet.
4. How do I get my rebase rewards?
The rebase rewards, in simple terms, are the staking rewards. You receive rebase rewards just by holding $APHR in your wallet. Rebases occur every 30 minutes or 48 times daily. 5. What is the slippage for the trade?
There are two different slippages which can be used for trading $APHR:
When you wish to buy, you will need to set the slippage to at least at 20%.
When you wish to sell, you will need to set the slippage to at least at 28%.
You might need to add higher slippage during times when there are lots of buys and sells of $APHR but you should only ever incur the same buy and sell fees as mentioned above.
6. Is there a max supply of $APHR?
$APHR is a token with elastic supply and there are no standards for its quantity. $APHR does not have a maximum supply.
7. When does the rebase occur?
The rebase occurs every 30 minutes and it distributes 0.0462% of the circulating supply as Staking rewards to $APHR holders. In order to see when the next Rebase will occur, users will be able to check the timer on the Aphrodite staking dashboard. 8. Is liquidity locked? The liquidity on the trading pair will be locked for 2 years.
9. Is an audit planned?
Yes we will do an audit prior to launch (Solidity Finance: https://solidity.finance/audits/Aphrodite/) 10. Multisig ?
Aphrodite Finance WL presale will be secured with two influencers: - CryptoMouv (https://twitter.com/CryptoMouv). - Draka (https://twitter.com/Dixdraka). They already multisig two sustainable projects on the BSC and AVAX chain (https://twitter.com/Windfinance, https://twitter.com/PallaFinance)
Last updated