The $AVO Token
A brief description of the Avocado ($AVO) token, which is used for several purposes within the $GUAC ecosystem.
Contract Address
Avocado ($AVO) is native to the Solana Blockchain.
The official contract address is: 2qWRRwrK9VGBKtJwfoN8Nn6ivCTTwDf4trkUBkE2inEn
Token Details
Only 2000 $AVO will ever exist. These tokens will be burnt after redemption in several cases.
AVO was distributed for participation in events and usage of products in the GUAC ecosystem.
Please note that the $AVO token is a 0 decimal token and can not be broken into fractions!
Use Cases
The first primary purpose of the $AVO token was as a whitelisting mint mechanism for the AVOtar mint. AVO's were burnable to mint an Avotar during the initial minting period.
Possible Future Integrations
Redeemable for raffle and giveaway boosts in the applications
Used for specific upgrades to artwork within the AVOtar project.
May act as a coupon within the full marketplace on launch
Redeemable for AVO-specific merchandise
All of the above possibilities will burn an $AVO on use. As the supply decreases, incentives to redeem or spend your $AVO will increase.
Trading Markets
There is currently an AVO/GUAC trading market with a liquidity pool on Meteora. This liquidity has been supplied by the AvocaDAO and locked for 4 years in our Liquidity Lockers system.
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