Tokenomics

Afraswap Token Details

Name: Afraswap Token

Symbol: AFRA

Premint: 360000000000 AFRA

Block Emission: 10 AFRA

Afraswap Premint

Initially AFRA were preminted at the time of contract creation, the premint will be used for promotions and giveaways in Phase1 and Phase2 , none of these coins will be kept by the team. Currently in Phase 1 the team would be running Airdrops and Pools for Aryacoin holders on BSC. In Phase 2 , there would be an overall giveaway with higher stakes and rewards for the users.

Afraswap Token Emission

Afraswap token emission would be done through the Afrachef (Commonly referred to as Masterchef) contract , which controls the rewards for farms and pools. The emission rate is currently set to 10 AFRA per BSC Block.

Afraswap Token Burning and Buyback

As the token does not have a max supply, the team is committed to run weekly and monthly buybacks and burns after launch to keep the emissions and Afra supply in control. The team will be able to provide a bit more info about this when the project is close to the launch date.