Blog / ADBYTES Token Now Available on Uniswap and Trader Joe

ADBYTES Token Now Available on Uniswap and Trader Joe

June 17, 2024


Greetings AdBytes Community,

We are thrilled to share some exciting updates and strategic plans that will drive the future of our AdBytes network. Now is the time to truly accelerate our project and harness the full potential of our community.

Initial Token Pricing Strategy

We are intentionally launching with low liquidity and a low token price of $0.0001 USDT per 1 ADBYTES. While this may seem lower than expected for some of our publishers, it's a crucial move to ensure the stability and sustainability of our token ecosystem.

Here’s why:

  1. Preventing High Risk: Launching with higher liquidity would significantly delay establishing an active token price and increase risks.
  2. Avoiding Price Crashes: A higher initial price could lead to rapid depletion of liquidity, causing a severe price drop.
  3. Sustainable Growth: Starting low allows us to build value gradually, unlike other projects that start high and then dump, often never recovering.

By beginning at a low price, we can absorb any initial sell-offs and create a more stable growth trajectory.

Community-Driven Value

Unlike many projects, we do not have private investors looking to offload their tokens. All ADBYTES holders have earned their tokens through genuine contributions like displaying ads, purchasing ad credits, being affiliates, or receiving airdrops.

If you wish to sell your tokens at the current price, you are free to do so. However, if you believe in our future, it is in your best interest to hold onto your tokens and help us grow. More participants mean more competition for earning ADBYTES, which increases value for everyone involved.

Future Roadmap and Incentives

Our roadmap includes exciting features like a staking program and yield farming to reward liquidity providers. Additionally, we aim to get listed on various centralized exchanges (CEXs) to further boost market activity and liquidity.

While there may be fluctuations and bumps along the way, our ultimate goal is to continually increase the value of our network and tokens. Your participation and support are crucial to achieving this.

Liquidity and Buy-Back Strategy

We have a dynamic liquidity strategy in place. As we hit price targets, we will add more liquidity to stabilize and support the new price levels. If the price drops, we are committed to using ad revenue to buy back tokens, acting as a guaranteed buyer and liquidity provider.

The best way to support this initiative is by bringing in more paying advertisers. Increased revenue means more resources to buy back tokens and add liquidity, enhancing the token's value. Better yet, as an affiliate you can earn even more by referring advertisers our way!

Ad Credit Redemption Rate

To align with our current market value, we are adjusting the ad credit redemption rate from $0.01 to $0.005 per 1 ADBYTES. While this change might seem less favorable for frequent redeemers, it remains significantly higher than the initial trading price. This adjustment incentivizes advertisers to buy tokens from the market, thus supporting the token value.

We guarantee that the redemption rate will always be a minimum of 25% higher than the active market trading price. Additionally, all redeemed tokens are permanently burned every quarter, reducing supply and supporting the market value.

Conclusion

The future of AdBytes is bright, and we are on a mission to grow the value of our network. Your involvement in promoting and growing the token will benefit all stakeholders. Buy your share of the network today and join us on Uniswap (Polygon) and TraderJoe (Avalanche). Don’t forget to use the token bridge for the best pricing and arbitrage opportunities.

Stay tuned for more updates as we continue to enhance our platform and token ecosystem. Together, let's create a powerful and lasting network.

Thank you for your unwavering support.

Sincerely,
The AdBytes Team