Planet Finance $AQUA

Planet Finance is a revolutionary decentralized financial protocol, ingeniously designed and separated into different "planets." Each of these planets operates as its own application, with a prime focus of empowering individuals to freely activate their capital. Spanning across the financial cosmos, Planet Finance marks an epoch in the era of open, decentralized financial services.

AQUA: The Lifeblood of Planet Finance

AQUA is the governance token for Planet Finance. It doesn't merely exist; it plays a vital role in the operational mechanics of the protocol. AQUA's functionality extends far beyond that of a conventional token, and it is purposefully designed to steer the protocol and maintain the balance of the financial planets within the protocol.

Scarcity and Value

The scarce nature of AQUA adds to its intrinsic value. There is an absolute maximum supply of 100,000 AQUA tokens. This deliberate cap on the supply is a strategic move to ensure value preservation and growth over time.

AQUA's Buy and Burn Mechanism

Approximately half of all protocol fees earned by Planet Finance are utilized to buy AQUA. But instead of circulating these bought tokens, the protocol incinerates or "burns" them, effectively reducing the total supply. This unique buy and burn mechanism further fortifies AQUA's scarcity and value, providing a promising outlook for both the token and the whole Planet Finance ecosystem.