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AUMI

AutoMatic Network  

#AUMI

AUMI Price:
$0.00000374
Volume:
$1
All Time High:
$94.64
Market Cap:
$141.5 K


Circulating Supply:
37,826,969,450
Exchanges:
1
Total Supply:
37,875,682,477
Markets:
1
Max Supply:
Pairs:
1



  AUMI PRICE


The last known price of #AUMI is $0.00000374 USD.

Please note that the price of #AUMI was last updated over 110 days ago. This can occur when coins have sporadic price reporting, no listings on exchanges or the project has been abandonded. All #AUMI statistics should be considered as 'last known value'.

The lowest AUMI price for this period was $0, the highest was $0.00000374, and the exact last price of AUMI was $0.00000374093.

The all-time high AUMI coin price was $94.64.

Use our custom price calculator to see the hypothetical price of AUMI with market cap of ETH and how the supply affects the price of AUMI at different market capitalizations.


  AUMI OVERVIEW


The code for AutoMatic Network crypto currency is #AUMI.

AutoMatic Network is 2.4 years old.


  AUMI MARKET CAP


The current market capitalization for AutoMatic Network is $141,507.

AutoMatic Network is ranking downwards to #1736 out of all coins, by market cap (and other factors).


  AUMI VOLUME


There is an unknown daily trading volume on #AUMI.

Today's 24-hour trading volume across all exchanges for AutoMatic Network is $1.00.


  AUMI SUPPLY


The circulating supply of AUMI is 37,826,969,450 coins, which is 100% of the total coin supply.

AutoMatic Network has a relatively large supply of coins, 311 times larger than Ethereum's supply, as an example.


  AUMI EXCHANGES


AUMI has very limited pairings with other cryptocurrencies, but has at least 1 pairing and is listed on at least 1 crypto exchange.


  AUMI RESOURCES


Websitewww.automatic.network
Whitepaperwww.automatic.network/LitePaper.pdf
TwitterAutoMaticYield
Telegramautomaticupdates
MediumAutoMaticNetwork


  AUMI DEVELOPER NEWS



Sushiswap Listing and More

We’ll be making some changes to the tokenomics of the project to increase our reach and volume. First off, we will be taking off the tax completely from the buying/selling/LP of the token as we would like to list on Sushiswap next and the tax won’t work there. Plus, we think taking the tax off will allow more volume to flow for a better price action. WMATIC rewards will now only come from the performance fees of the LP vaults, which would be less than before but we will compensate that with increased AUMI rewards for the Vault stakers. Listing on Sushiswap will allow more volume for our project and more eyes on it. And not just Sushiswap, Uniswap is coming next on Polygon and we will be listing there too while also aggregating their pools. Also currently, we’re in the process of verifying the KYC of our new dev. After it’s verified, he will start working on releasing more pools from AAVE and Sushiswap to create more options for our yield farmers. Telegram: https://t.me/automaticnetwork Twitter: https://twitter.com/AutoMaticYiel




Summary of this week

It’s been a tough week, here’s a summary of what has happened and what will happen next. A couple of our programmers from Prince Labs were also giving development help to the Blizzard team. After looking into the issue, we found that those devs were also involved with their exploit. These devs had full control of AutoMatic technically so we recommended everyone to break their LP tokens. We had already pulled the liquidity from our side before they tried to drain it too like Blizzard. We have their identities and we’ll be reaching out to the authorities. We advised people to break their LP and wait for further updates in the meantime. After this, we were in the process of retrieving ownerships of all the pools, but we still had to make sure that we got everything from the rogue dev and that the code was safe. So we double checked everything to make sure it was safe to move forward with. After some days of hard work, we came to the conclusion that AutoMatic is SAFU and cleared, no possibility to get exploited, and ownership of all relevant contracts belongs to the Lightning founder for now. He went through all of them to find any potential vulnerabilities/loopholes. He actually found a few potential hidden loopholes. However, all of them are defused now and there’s no way that AutoMatic can be exploited the same way Blizzard was. Rewards should be active as well for all Vaults. The automatically compounding Vault only ...




AutoMatic’s launch

Eagerly anticipated and launched through Lightning Protocol with a raise of $650,000, AutoMatic filled the raise in six minutes. This yield aggregator will set the standard for the Polygon chain, with advanced tokenomics and a full audit through Hacken. Hacken awarded AutoMatic their highest rating for security, aiding investor safety and providing peace of mind. Automatic meets all criteria for safety, return on investment, and ease of use. By autocompounding investments, farmers can hit the optimal growth curve. Investors can set and forget their funds secure in the knowledge that the protocol will handle all aspects of the process and produce returns far in excess of what they could accomplish by hand. $AUMI launched with an initial size of 100,000 tokens minted. 25% of these tokens (15% for the team, 5% for partnerships, and 5% for advisors) were immediately placed in the Vault with a lockup period of three months. Initial marketcap was $1,328,125, which allowed plenty of room for growth after listing. Tokens from the Lighting launch have had 50% released at token generation, with the other 50% placed directly into the Vault. Tokens in the Vault will earn both AUMI and MATIC from trading and performance fees. All purchases and sales will be subject to a 10% tax on the open market, and are available on Quickswap. At launch, available pools included MATIC-QUICK, MATIC-ETH, WBTC-ETH, ETH-QUICK, and single staked QUICK. Short...




Lightning Voice AMA — A Recap

Lightning Voice AMA — A RecapYesterday, there was a voice AMA held on Lightning Protocol’s Telegram channel. We spoke about our unique Pools strategies and our $AUMI token. Questions from the Lightning community were also answered during the AMA! In case you missed the AMA, here’s a recap! The AMA started out with an introduction of the guest and the rest of Prince Labs. The guest told a bit about himself and the team. So starting off with Prince Vegeta, he’s our leader. Prince William is his assistant, he co-manages the community and also does the social medias sometimes as well as writing updates. We also have a designer. Our Prince Labs devs have worked for tier 1 projects like Yearn Finance, Beefy and Wault Finance. We have one lead developer and about three other back end guys. Last but not least, we have two front end devs. 1. Will there be any deflationary measures implemented? So we do have a deflationary aspect. For every 10 MATIC earned in the performance fees, 50 AUMI is minted. We’re always making sure this minting rate doesn’t inflate the supply too much. Now on to the deflationary aspect, in The Vault, users are charged a 50% penalty fee if they withdraw within three months. These penalty fees will be burnt. 2. What is the long term vision for AutoMatic? We’re aspiring to be the most used and most popular yield aggregator on the Polygon chain. Or even better, we’re aspiring to be one of th...




AutoMatic Weekly Update — 10/20/2021

AutoMatic Weekly Update — 10/20/2021Welcome to this week’s update! Last week, we updated our token and main vault’s work logic. This week, we’ll make AutoMatic passed quality assurance and ready for launch. We’re also developing an auto-harvesting function.




AutoMatic Weekly Update — 10/13/2021

AutoMatic Weekly Update — 10/13/2021Welcome to this week’s update! Last week, we’ve updated our smart contracts with new code logic for better performance. Our updated smart contracts are redelivered to Hacken for our audit. Last but not least, we’ve updated the user interface related to updated smart contracts. AutoMatic will be ready for launch once it’s audited by Hacken.




AutoMatic Weekly Update — 10/06/2021

AutoMatic Weekly Update — 10/06/2021 Welcome to this week’s update! This week, we updated our token with a more effective tax mechanism to put our vault APYs on steroids. Our new ticker is AUMI. We’ve also updated our vaults UI layout. Our plan for this week is to update our AUMI locked vault with a new workflow to make it run smoother. Next week, we’ll send our updated smart contracts to Hacken for revision. So that means the IDO is likely to be held on the end of October.




AutoMatic Weekly Development Update — 09/08/2021

AutoMatic Weekly Development Update — 09/08/2021Welcome to this week’s development update! Last week, we’ve optimized some smart contracts to make them run as smooth as possible before launch. This week, we will update/integrate the User Interface according to the updates of the improved/optimized smart contracts. We’ll also have to wait on Hacken to finish the audit before we can announce the date of the IDO on Lightning Protocol.




AutoMatic AMA Recap — PolygonNews

AutoMatic AMA Recap — PolygonNews Q1: Let’s kickstart with an introduction of you and your team, what are your past experiences and roles?We just started Prince Labs this year to build quality projects for different chains and help their ecosystems. We’ve got experienced developers who have been part of many tier 1 projects like Yearn, Sushiswap, Wault Finance, etc. As a matter of fact, our lead developer for AutoMatic was one of the devs who helped built Wault Finance pools. Q2: If someone doesn’t know AutoMatic, why should someone invest in it instead of the other thousands of projects?AutoMatic is not going to be your typical shitcoin, we’ve got a A1 team and we’re getting audited by Hacken. We’re also going to be launching through a quality incubator/launchpad. We’re in talks with QuickSwap for a potential partnership and we’re also in touch with celebrities for promotions. Q3: What are the uses cases that come with MATI and how can people earn them?MATI is the underlying token of the ecosystem which you can earn through staking and using our LP pools and vaults. It will also act like a governance token, giving power to the holders to decide the direction of the project. Q4: How does your yield farming model work?We’re a yield aggregator, we help maximize your yields by giving you a better APY than your typical DEX. In comparison, our pools are similar to Pancake Bunny and our vaults are simila...




AutoMatic Weekly Update — 09/01–2021

AutoMatic Weekly Update — 09/01–2021Welcome to this week’s update! Last week: - Wrote Pools and Vaults documentation, will be updated on the website. - Updated the pools and vaults so that presale participants stake into the locked MATI vault to get a higher APY This week: Integrate staking with Lightning Protocol



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