AutoMatic Network (AUMI) Plunges: What’s Your Next Step?

If we take a look at the chart for the last day, we can see that the token was performing with pretty high volatility and it has declined by 13% with the trading volume of $2,486,719. AutoMatic Network does not have tokens for now, but the total supply is already $100,000. AutoMatic Network is considered as a yield aggregator which is located in the Polygon Chain. This coin utilizes the auto-compounding function in order to have more returns on yield farms.

NiftyKit Launches on Layer 2 Polygon Network Offering Creators & Brands Low-Cost NFT Minting - NiftyKitThe protocol is operating by itself once it was set, so it does not require any additional attention or time from the investors. The AUMI token is examined as the core of the AutoMatic ecosystem. It can be obtained or staked or even in some cases received as an award from different kinds of pools. Pools are the investment tools which is used in order to operate with particular sets of strategies that are focused on the farming yield.  

Agneta Johansen

Agneta is still enjoying her trips to Asia and Africa while she works at Own Snap as an author and reporter. Very soon she will settle somewhere in Europe and run her startup enterprise.