What is Automata Network (ATA)? How to Buy? How to stake on Binance Worldwide?
Greetings, Binance Launchpool has shared its new project with the entire planet. Automata Network (ATA), which seems to be a great opportunity for investors in this period when the cryptocurrency market has its ups and downs, will be listed on Binance on June 7. Announced as Binance Launcpool's 20th project, ATA can be easily acquired by staking BNB, BUSD, and DOT. Binance, which has received millions of BNB investments with many projects in the launchpool before, offers its users the opportunity to earn again.
How to get Automata Network (ATA)? Step-by-step video explanation:
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Detailed information about the Automata Network (ATA) Project:
Automata Network is a decentralized service protocol that provides a privacy middleware layer for dApps across multiple blockchains. The protocol enables various use cases such as Anonymous Voting and Miner Extractable Value (MEV) Minimization by leveraging the latest encryption and privacy protection algorithms along with Trusted Execution Environments (TEE).
ATA is Automata Network's native utility token and has the following current and planned use cases:
Management: ATA token holders can create and vote on proposals, platform features, and network parameters.
Mining rewards: Computing and storage miners earn ATA tokens by running applications and performing transactions for users on the network.
Protocol fees: Users pay miners for their storage and computation work.
Geode allocation: Users can bind ATA tokens to participate in Geode auctions.
The witness is Automata Network's off-chain voting governance solution for voters who do not want to reveal their identities while participating in governance at zero gas cost. Voters can also transfer their voting power to other addresses. Witness also supports Ethereum, Binance Smart Chain, and other Substrate-based EVM compatible chains.
Automata Network is developing Conveyor, an MEV minimization solution that aims to create a front-running free zone as it organizes transactions in a specific order. This makes it impossible for malicious actors to (1) add new transactions to the Conveyor output due to a signature mismatch, or (2) delete ordered transactions because transactions are broadcast across the network.
The total ATA supply is 1,000,000,000 and once listed on Binance, the circulating supply will be 17.23%.