What Is Atlantic Finance Token (ATFI)?
Atlantic Finance Token (ATFI) is the governing token available on Atlantic Finance protocol. Atlantic Finance is a DeFi project seeking to benefit users in the cryptocurrency industry by providing easy crypto lending, insurance, and yield farming to users on the blockchain. Atlantic Finance is a community-driven protocol that plans to develop programs contributing to a growing local economy. The protocol, Atlantic Finance, envisions to boost the adoption and application of blockchain technology among individuals, corporations, non-profit groups, and governmental associations. Also, the platform aims at bringing start-ups and small companies together in an advanced blockchain community.
Furthermore, Atlantic Finance is a suite of products. The ‘Atlantic Vault’ product seeks to encourage the community to embrace and utilize effective yield farming robots developed by strategists in the industry. Next, the Atlantic lending aggregator aims to gather the maximum yield for certain supported coins like DAI. The aggregator aims to swiftly switch such supported coins between several lending protocols operating on the Ethereum blockchain, to ensure that users gain optimal revenue on funds at all times. Next, the Atlantic Finance product of protocol aims to feature an exclusive NFT platform to support all artists. The platform seeks to enable the funding and trading of arts using blockchain technology.
Atlantic Finance uses ATFI as the project’s primary utility token. Atlantic Finance Token (ATFI) is made available to the global community as an ‘initial DEX offering’ or IDO. Presently, IDO stands out as a new, permissionless, and decentralized fundraising option in the crypto space, also seeking to allow projects to distribute the tokens among holders less expensively and simply and attain capitalization in return. Since ATFI is ideally a governance token, all token holders can participate and vote in deciding the project’s future. As the litepaper mentions, Atlantic Finance Token (ATFI) seeks to increase in value, thus users owning ATFI enjoy both real-time utility value and the cumulative value of the token.
History of Atlantic Finance Token (ATFI)
Atlantic Finance LLC introduces Atlantic Finance Token (ATFI). Currently, the maximum total supply of ATFI is 100,000,000 tokens.