What is Planet Finance

Article Summary, Automatically Generated By AI

Summary of Planet Finance

Key Points

  • Planet is a decentralized financial protocol enabling access to open, decentralized financial services.
  • AQUA is the scarcest asset in crypto with zero inflation, constantly bought and burned by half of all protocol fees generated.
  • Founded by an anonymous team with experience in blockchain since 2012, conceptualized in 2020.
  • AQUA can be bought on Planet Finance’s swap: https://planet.finance/swap

Figures and Numbers

  • 4 countries where the founding team is based
  • 2012: Year the founding team started working with blockchain
  • 202

About Planet: A Pioneering Ecosystem in the Cosmos of Blockchain

Introducing Planet (AQUA): A Revolutionary Ecosystem

Planet is a decentralized financial protocol comprising diverse, autonomous applications, each dubbed a “planet,” designed to empower individuals to unlock the full potential of their capital. By fostering open, decentralized financial services, Planet provides unparalleled access to a vast array of opportunities. The Planet community is perpetually driven to uncover the most lucrative DeFi prospects in the space, and subsequently aggregates or creates the most promising ones.

AQUA is the rarest and most coveted asset in the cryptocurrency realm, boasting a unique characteristic of zero inflation. Furthermore, it is perpetually sought after and subsequently burned by approximately half of all protocol fees generated, ensuring its scarcity forever.

The Visionaries Behind Planet Finance

Planet Finance was founded by an anonymous team of visionaries, dispersed across four countries, who have been at the forefront of the blockchain revolution since 2012. The concept of Planet Finance took shape in 2020, driven by the ambition to craft a pioneering product that converges the most exceptional elements and opportunities of decentralized finance into a singular, unified platform.

Acquiring AQUA (AQUA): A Comprehensive Guide to Purchasing Options

Notably, the most substantial liquidity for AQUA is conveniently located on Planet Finance, where you can seamlessly access Planet Finance’s swap via this link:

https://planet.finance/swap

.

The AQUA Token Distribution Paradigm

On May 2nd, 2021, Planet embarked on its journey, commencing with a token count of zero. Since then, 500 tokens have been minted daily, with users of the protocol earning them. Notably, the team has not been allocated a single token. AQUA’s community-driven, fair-launch distribution model enabled anyone to earn AQUA by depositing funds into vaults. Furthermore, the protocol’s generated fees are utilized to buy and burn AQUA, thereby increasing its scarcity with each passing day.

Delve Deeper

Discover Planet Finance:

https://planet.finance

Delve into our Tokenomics:

https://docs.planetfinance.io/tokenomics/key-details

Explore our Documentation:

https://docs.planetfinance.io/

Join the Conversation on Telegram:

https://t.me/planet_finance

Frequently Asked Questions:

https://planetfinance.io/faq/

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