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Absorber Protocol

Absorber Protocol

Absorber revolutionizes DeFi by solving all of its major problems: rugs, bugs, hyperinflation, gas costs, and impermanent losses.

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All edits by  Yegor Novik 

Edits on 5 Feb, 2022
Yegor Novik profile picture
Yegor Novik
edited on 5 Feb, 2022
Edits made to:
Article (+75 characters)
Article

The Absorber Protocol is an innovative community-managed and community-owned DeFi project. Not only is it a currency but it's also a store of value with utility and security. As a yield farming token, it eliminates the need to interact with any contract. This means no impermanent losses to those who hold it. There are also no fees to claim any rewards which are automatically doled out. By design, it's also deflationary, with an ever-reducing supply. To sustain all of this, the protocol harvests liquidity on all transfers and converts them to LP tokens. The LP tokens can be burned, but they belong to the protocol and can never be withdrawn. Finally, it's democratic and modifiable with a DAO that allows users to decide exactly what happens to the protocol. This allows the protocol to be utilized and integrated in other instances.

Yegor Novik profile picture
Yegor Novik
edited on 5 Feb, 2022
Edits made to:
Article (+238 characters)
Article

The Absorber Protocol is an innovative community-managed and community-owned DeFi project. Not only is it a currency but it's also a store of value with utility and security. As a yield farming token, it eliminates the need to interact with any contract. This means no impermanent losses to those who hold it. There are also no fees to claim any rewards which are automatically doled out. By design, it's also deflationary, with an ever-reducing supply. To sustain all of this, the protocol harvests liquidity on all transfers and converts them to LP tokens. The LP tokens can be burned, but they belong to the protocol and can never be withdrawn. Finally, it's democratic and modifiable with a DAO that allows users to decide exactly what happens to the protocol.

Yegor Novik profile picture
Yegor Novik
edited on 5 Feb, 2022
Edits made to:
Article (+138 characters)
Article

The Absorber Protocol is an innovative community-managed and community-owned DeFi project. Not only is it a currency but it's also a store of value with utility and security. As a yield farming token, it eliminates the need to interact with any contract. This means no impermanent losses to those who hold it. There are also no fees to claim any rewards which are automatically doled out. By design, it's also deflationary, with an ever-reducing supply. To sustain all of this, the protocol harvests liquidity on all transfers

Yegor Novik profile picture
Yegor Novik
edited on 5 Feb, 2022
Edits made to:
Article (+214 characters)
Article

The Absorber Protocol is an innovative community-managed and community-owned DeFi project. Not only is it a currency but it's also a store of value with utility and security. As a yield farming token, it eliminates the need to interact with any contract. This means no impermanent losses to those who hold it. There are also no fees to claim any rewards which are automatically doled out.

Yegor Novik profile picture
Yegor Novik
edited on 5 Feb, 2022
Edits made to:
Article (+175 characters)
Article

The live Absorber Protocol price today is $0,060686 USD with a 24-hour trading volume of $540,42 USD. We update our ABS to USD price in real-time. Absorber Protocol is down ,34% in the last 24 hours. The current CoinMarketCap ranking is #7415, with a live market cap of not available. The circulating supply is not available and a max. supply of 1 700 000 ABS coins.

The Absorber Protocol is an innovative community-managed and community-owned DeFi project. Not only is it a currency but it's also a store of value with utility and security.

Yegor Novik profile picture
Yegor Novik
edited on 5 Feb, 2022
Edits made to:
Infobox (+1 properties)
Description (+129 characters)
Article (+366 characters)
Topic thumbnail

Absorber Protocol

Absorber revolutionizes DeFi by solving all of its major problems: rugs, bugs, hyperinflation, gas costs, and impermanent losses.

Article

The live Absorber Protocol price today is $0,060686 USD with a 24-hour trading volume of $540,42 USD. We update our ABS to USD price in real-time. Absorber Protocol is down ,34% in the last 24 hours. The current CoinMarketCap ranking is #7415, with a live market cap of not available. The circulating supply is not available and a max. supply of 1 700 000 ABS coins.

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Twitter
https://twitter.com/defi_absorber
"Created via: Web app"
Yegor Novik profile picture
Yegor Novik
created this topic on 5 Feb, 2022
Edits made to:
Infobox (+2 properties)
Topic thumbnail

 Absorber Protocol

Absorber revolutionizes DeFi by solving all of its major problems: rugs, bugs, hyperinflation, gas costs, and impermanent losses.

Infobox
Is a
Cryptocurrency
Cryptocurrency
Website
https://absorber.finance/

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