Amano Buyback Assurance (ABA)
ABA is the acronym for the Amano Buyback Assurance which is a separate wallet in Amano's AAP system. The ABA uses an algorithm that backs the Rebase Rewards and is supported by a portion of the buy and sell trading fees that accrue in the ABA wallet.
In simple terms, the staking rewards (rebase rewards) which are distributed every 15 minutes at a rate of 0.022916% are backed by the ABA parameter, thus ensuring a high and stable interest rate the $AMANO token holders.
9% of all trading fees are stored in the Amano Buyback Assurance which helps sustain and back the staking rewards provided by the positive rebase.
Avoiding flash crash through price stability
Achieving long-term sustainability and future growth of the Amano Protocol
Greatly reducing downside risk
ABA Address: 0xE296869532f6A38E372444cbcBf7a745179d6378
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