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AquaGoat is a decentralized frictionless yield-generation utility eco-token. The token operates on an automated liquidity-locking and self-staking direct distribution protocol, providing safe, secure and hassle-free transactions and yield-generation for all holders. 

AquaGoat is the native utility token of the AquaGoat.Finance ecosystem and will be used for:
Network donation pooling and staking
E-commerce integration for use in material purchases
AquaGoatSwap Crypto-Asset exchange
APY farming and staking
NFT marketplace transactions

Recognizing the harmful impacts of cryptocurrency mining on the environment, AquaGoat focusses on ocean conversation efforts, helping to offset, mitigate, and potentially reverse the damage done by humans and conventional mining processes of the past, all while generating income for network participants.

Tokenomics
AquaGoat launched with a maximum total supply of 1 Quadrillion on genesis, with 45% of the supply sent to a burn wallet as a deflationary force on the token. Every transaction with AquaGoat incurs a 10% fee - 5% is locked in liquidity, 4% is directly distributed to all holders, and the remaining 1% is sent to a dedicated charity wallet, aptly named the Ocean Blue Fund for ocean conservation initiatives. 

With the burn wallet acting as a holder, it also receives reflections and acts as a deflationary force. With the total amount burned growing over time, the amount of available supply and yield generated decreases as the burn rate increases, forcing currency appreciation and asset-value protection.

Background
AquaGoat was stealth-launched by an Australian developer on April 7, 2021. Since its inception, an international development team was formed out of investors from the community. Continuing with the community-driven aspect, the development team aims for community involvement and maintains full transparency for the project, holding polls and discussions with the community for key decisions with the project, culminating with a community-led decision to pursue ocean rehabilitation efforts with The Ocean Clean Up.

AquaGoat has since been updated with a new contract featuring improved tokenomics through a token swap through September 2021. With increased holder redistribution and a dedicated charity tax now part of the tokenomics, investors are able to earn more while passively benefitting the planet through day-to-day transactions.

The development team comes from a diverse background of established positions in different sectors and respectable companies, providing their expertise and experience for the mutual benefit of the project and holders.

AquaGoat's long term goal is to establish itself as an industry leader in the emerging Decentralized Finance sector, focusing on ecological conservation efforts to reduce the man-induced effects of global climate change, while providing economic empowerment for all through an appreciating decentralized yield-generating cryptocurrency.

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