Basically, The Anti-Dump Mechanism allows only 1-5% of your balance to daily cash out and prevents sudden crashes from happening. The selling allowance is determined based on the recent buy and sell pressure of the token. Our investors gained 22% in 4 days and if you look at the chart it looks stable and healthy even though this bear market. Rebase rewards come from revenue generated by the protocol's transaction taxes (fees) and other various yield-generating features. We don't hide anything from our investors, everything is written on the whitepaper.
I dont support rebase token and have seen a lot of then gone as quickly as they came. I got many questions, though I dont want my coin dumping but I dont like the ability not to sell when I wish, which afterburner does not support selling as wish. Will this principle be on all type of wallet including the exchange wallet, can I also have my gain on my exchange wallet?
The core problem of rebase token projects is sustainability. Tokens are created continuously and distributed as rewards by utilizing a rebase mechanism. Inherently, dragging the protocol to hyperinflation.
Afterburner aims to solve this issue with its innovative features that burn most of the tokens they collect. Thus, keeping the price stable. The Anti-Dump Mechanism seems to be a success already.
Afterburner lets you sell whenever you wish. Only with a sell limit, adjusted (1-5%) by the Anti-Dump Mechanism depending on how $ARB is performing. You can see the daily limit percentage in our app's "Protocol Metrics" tab, which is accessible from our website.