How Aurum Redefines The Golden Standard Of Reward Tokenomics

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

Proper decentralization, robust security, and an unparalleled rewards system are three main aspects of any blockchain network. While the decentralization and security part of it builds the network, it is the reward system that does the heavy lifting and attracts users to the network. 

Users are usually drawn to a blockchain network or a protocol where their investments can be multiplied with little to no effort from their side. Although every blockchain-based protocol offers rewards to its users, the recent DeFi boom gave rise to deflationary reward protocols that solely focused on offering potential exponential rewards to its users.  

A prominent name in this space is MoonBoys Finance (MBS). With its motto of being a reward token with a change, The project reached a market cap of over $80M at peak and garnered a record-breaking 11200+ holders in the first seven days. 

Now, reincarnated as Aurum ($AUR), this project aims to capitalize on its previous successes, improve every aspect, and become the gold standard of reward tokenomics in DeFi. Here’s taking a look at the project’s tokenomics and how its system stands out in the marketplace. 

Redefining Reward Tokenomics 

With a total supply set at 1 Quadrillion AUR tokens, the tokenomics of Aurum have been crafted to maximize benefits to holders in addition to sustain long-term growth.

For every transaction made on the network, Aurum charges a transaction tax which is 15% for buys and 16.8% for sells. 

The breakdown of the buy tax is as follows: 

  • 2% is added to liquidity to aid the seamless exchanging of tokens and to stabilize the price floor, ensuring big sales are cushioned
  • 2% for marketing and operations in order to sustainably fund the growth of the project and retain and attract the best possible talent in the space
  • 2% is added to a friendly buyback whale who not only helps sustain buying pressure and eats dips but burns each $AUR token it purchases, reducing the circulating supply and raising the price floor
  • 9% for automatically redistributed rewards (Minimum qualifying holding for rewards is 11billion AUR)

The breakdown of percentages is proportionally the same for selling tax.

What makes Aurum stand out is the fact that users can receive these rewards in any BEP-20 token of their choice directly into their wallets. This concept of choosing any reward token is unheard of in the crypto market and could be a game-changer for the project and users alike. 

To set the deflationary model rolling, 1% of the total AUR supply will be burnt when the network hits 50,000 holders. Another 1% of tokens are burned at 100,000 holders. 

How Aurum Is Cut Above The Rest

With such innovative tokenomics and a never-seen reward system, Aurum finds itself in a unique position to cement the place of reward tokenomics in the larger crypto space. When compared to other projects like Safemoon that follow the token redistribution model, Aurum users’ have the option to choose their reward token. This unique model gives users the choice to look beyond BNB or AUR and choose any BEP-20 token listed on whitelisted exchanges.  This means they have more options to diversify their investment portfolio with minimal effort. 

With sell taxes reducing by 10% every 2 weeks for holders who do not sell, Aurum ensures that users stay in for the long term and are incentivized for the same. 
Aurum also has a secure token wallet packed with vital investor tools, a crypto-centric web browser, and plans for an NFT integrated game in its roadmap to reinvest the token within the ecosystem and contribute to its value appreciation. 

The Future Of Reward Tokens 

The reward token trend that started with the DeFi boom of 2020, was made popular by Safemoon. The trend gained so much traction that Safemoon touched a market cap of $8B at its peak. However, Safemoon was unable to hold the trend for long, resulting in its decline. In the meantime, MoonBoys Finance that initially capitalized on this trend realized the true potential of these reward tokenomics. 

The new and revamped Aurum aims to unleash the full potential of these reward tokens and become the gold standard in this space, ultimately cementing their space in the DeFi ecosystem.

To learn more about Aurum, visit their Website, Twitter, Instagram, and LinkedIn.

Image Sourced from Monccur PR

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.

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Posted In: CryptocurrencyMarketsTechCryptodigital currencyMonccur PRNFTPartner ContentTokenomics
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