Introduction
Aerobloc is proud to introduce the $AERRO token, the world’s first Real-World Application (RWApp) token. Designed to power real-world applications on the Aerobloc platform, $AERRO is poised to revolutionize how value is transferred and managed within the aviation industry. While the Aerobloc ecosystem is being established, $AERRO will function as an ERC-20 token, accruing value primarily through a robust staking mechanism.
Circular Economy: Rewarding $AERRO Token Holders
The $AERRO token system is designed to create a circular economy that benefits all participants. For example, a $1,000 fee payment made for a service between an airline and an airport will generate a $1 fee for Aerobloc. This fee is then used to buy $AERRO tokens, with 50 cents rewarding stakers, 30 cents sent to a burn wallet, and 20 cents retained by the Treasury. This process ensures that $AERRO tokens are deflationary while continuously rewarding those who stake their tokens.
Additional Benefits of Staking
Staking $AERRO tokens not only provides rewards but also offers significant benefits for airlines and airports. A sliding scale of staked $AERRO tokens can reduce transaction fees, with maximum discounts of up to 35% for early adopters and significant stakers. This system creates institutional buying pressure on $AERRO tokens as more airports and airlines utilize RWApps.
Governance
$AERRO is also the governance token of the Aerobloc ecosystem, allowing holders to participate in crucial decision-making processes. This includes setting fee structures, distribution schedules, and strategies such as buybacks and burns. As Aerobloc matures, the establishment of a Decentralized Autonomous Organization (DAO) will ensure that governance is decentralized, secure, and scalable, reflecting the input of all stakeholders.
Conclusion
The $AERRO token is more than just a digital asset; it is a cornerstone of Aerobloc’s vision to transform the aviation industry. By integrating $AERRO into everyday operations, we are creating a dynamic ecosystem that benefits all participants and drives innovation in aviation. Join us in this revolutionary journey with $AERRO.