Galaxy Token

Basic Information 
Token Name: GALAXY
Official Token Symbol: GALAXY (will be used as token for liquidity mining)
Official Token Contract Address: Link will be added after farming starts
Chain: Boba Network
Total Supply: 500.000.000 GALAXY
Initial Minting Rate: 15 GALAXY per block
Deflection Mechanism
$GALAXY tokens has a unique approach on current DeFi world. Minting new tokens on every block causes inflation and continuously increase the total supply. This causes price destabilization and a huge inflation problem on long-term. If we conclude this old minting system it decrease the life span of DeFi project if utilization is not handled.
As Aerospace Finance we developed a different mechanism named Deflection Mechanism to solve this inflation problem. $GALAXY token has a limited supply and every transaction happens in blockchain causes decrease on total $GALAXY supply. Theoretically this mechanism will burn most of total supply at long-term. For utilization system Aerospace Finance offers various products for users, and in order to use these products users have to burn some $GALAXY tokens and it will also cause decrement on total supply which we achieved.
Burn Mechanisms
There are various burn mechanisms implemented on Aerospace Finance structure. We aim to decrease $GALAXY total supply with these mechanisms and achieve price maturity as soon as possible.
If we have to list these burn mechanism, we have made these;
Transaction Taxes : There is a dynamic transaction tax system implemented on $GALAXY token, which on every transaction a percentage of $GALAXY will be burnt.
Trade Taxation : On every trade transactions (buy/sell) have different taxation. Trade taxations will not be cumulatively summarized with transaction fees. The dynamic percentage of this taxation will be burnt. Other part will be added for liquidity.
Cosmic Farm Harvests : Whenever a Galaxy Farm Delegator added to a Galaxy Farm. It harvests can be automatically used for buy-back & burn $GALAXY token without decreased from users stakes & earnings.
Index Deployment : With Interstellar system we offer our users to deploy their own indexes. To deploy an index, user have to burn some $GALAXY tokens. Also every indexes deployed on Aerospace Network has to include a constant ratio of $GALAXY token. This product will increase the demand of $GALAXY token also decrease the total supply.
Satellite System : There is dynamic ratio of burn percentage on every option trading.
Locked Staking : We are offering a high APY ratio on our Locked Staking with vesting periods. But if user withdraws before the vesting ends, the users earnings will be burnt and deducted from total supply.
Launchpad : Aerospace Finance will deploy lift-off for new projects. Users will able to commit liquidity tokens to apply these lift-offs. The $GALAXY part of this liquidity tokens will be burnt.
GameFi : Aerospace Finance has a great partnership with a game development team. In future we offer GameFi projects which games utilizes $GALAXY token.
Transfer Tax
Automatic Liquidity Rate: 75% of transfer tax will be used for GALAXY (a special auto buyback and burn mechanism).
Burn Rate : 25% of transfer tax will be burnt forever.
Total Transfer Tax Rate: 2% of each transfer.
Buying transactions & interacting with Aerospace Ecosystem's smart contracts will be deducted from transfer tax.
Sell transactions will have 10% transfer tax in first week. Afterwards its decreased gradually with maturity of price.
Transfer Tax and burn rates will be adjusted every week depends on the inflation of GALAXY.
Farming Rate
$GALAXY farming rate will be calculated as 15 GALAXY per block. This ratio will be adjusted every week. Adjustment will also depends on average block count on Boba network.
Gradually reduced to 50.000 $GALAXY / day or lower until all coins are mined.

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Galaxy Farms

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