What is Aqua Goat?

Symbol: AQUAGOAT · Market cap rank: #5635

Short answer

Aqua Goat (AQUAGOAT) is a cryptocurrency currently ranked #5635 by market capitalisation.

Source: isthiscoinascam.com

Overview

AquaGoat is a utility token launched on April 7, 2021, by an Australian developer. It operates on a decentralized protocol that features automated liquidity locking and self-staking mechanisms. The token's maximum supply is set at 100 quadrillion, with a portion allocated to a burn wallet to promote deflationary dynamics. Each transaction incurs a 4% fee, where funds are allocated to liquidity, direct distribution to holders, and burning. This structure aims to decrease the available supply over time, potentially supporting value appreciation.

The AquaGoat.Finance ecosystem encompasses various use cases, including donation pooling, e-commerce, NFT marketplace transactions, and yield farming. The project emphasizes ecological conservation, notably through collaboration with The Ocean Clean Up. Community involvement and transparency are prioritized, with the development team engaging in discussions and polls to guide project decisions. The ongoing aim is to create a decentralized finance platform that promotes sustainability while enabling economic opportunities for its participants.

Scam-risk analysis

Aqua Goat has a low score, indicating elevated scam risk based on the available data. Is Aqua Goat a scam?

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