ARIES FINANCIAL
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English
  • What is ARIES FINANCIAL?
  • What is DeFi?
  • Aries Community
  • FAQ
  • Prerequisites
    • How to set-up Metamask for Binance Smart Chain (BSC)
    • Set-up for Binance Smart Chain
      • How to buy BNB on Binance and how to send BNB to your Metamask
      • How to add AFIB token on Metamask
      • How to set-up Metamask for Binance Smart Chain (BSC)
    • How to add a Custom token to Metamask
    • Requirements for Farming
    • AFI Token and afiTokens
  • Tokenomics
    • $AFIB token
    • $AFIX token
  • Usage
    • V1 on ETH
      • Governance
        • How to get started governance
      • Staking
        • How to stake LP tokens
      • Farming
        • How to deposit stable coins in farming
      • AFI Club
      • Prediction Market
      • Options Trading
      • AFI Tree
    • V2 on BSC
      • Zap
      • How to migrate stable coin
      • How to get LP_tokens on Pancakeswap
        • How to buy tokens on Pancakeswap
        • How to add liquidty on Pancakeswap
        • How to deposit LP_tokens on ARIES FINANCIAL
    • Binary Options V2
      • Better
        • Trading Logs (Active) & Fees
      • Pooler
    • Fees
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  • AFI Token
  • afiTokens

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  1. Prerequisites

AFI Token and afiTokens

Explanation of tokens used on the Aries platform

PreviousRequirements for FarmingNextTokenomics

Last updated 4 years ago

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About AFI Token / afiTokens

This article will explain what these tokens are, their functions, and how to obtain them and use them in farming on Aries.Financial.

AFI Token

Aries Financial Governance token

  • Ticker symbol: AFI

  • Total supply: 18,000,000

  • Function: Governance (voting) and staking reward

  • Contract address:

AFI Token is issued to users of the protocol who stake the LP tokens issued for supplying liquidity on pairs on Uniswap or Balancer or who stake afiTokens.

afiTokens

When depositing stable coins in the farming pools, users receive a receipt ERC20 token corresponding to the particular stable coin. Deposit DAI to get afiDAI, deposit USDT to get afiUSDT.

When you withdraw from the pool you are effectively depositing your afiTokens back in to the pool to claim your yield.

Etherscan link