🪙aETH

A brief description $aETH

$aETH- Atlantis Ethereum

Contract Address - 0x8F4581D173FFD2c439824465366a67c509A813ac

Note that aETH actively pegs via the algorithm, it does not mean it will be valued at 1 ETH at all times as it is not collateralized . $aETH is not to be confused for a crypto or fiat-backed stablecoin.

Atlantis Ethereum ($aETH) is designed to be used as a medium of exchange. The built-in stability mechanism in the protocol aims to maintain $aETH peg of 1 $aETH: 1 $ETH in the long run.

Follows the same seigniorage tokenomics as TOKENOMICS