Aidi Finance - FAQ - December ‘22’
Aidibsc, Aidimatic And Verse - Migration to
‘Aidi Finance’ token.



Q. When will the migration happen?
A. Quarter one ‘2023’

Q. What will the new token be called?
A. The new token will be called by our branding business name ‘Aidi Finance’. This makes it much simpler for new investors to search and less confusing for which token to invest in.

Q. Why is Verse essential to merge too?
A. Integral for AidiPlayfi and AidiCraft to be more streamlined. As AidiCraft will be integrated into AidiPlayfi it makes more sense to be able to earn ‘Aidi Finance’ which can then be used straight away in AidiCraft for NFT gaming. If we keep Verse the process would be Earn Aidi in AidiPlayfi > Sell Aidi > Buy Verse > Use Verse to buy NFTs for Playfi. There would be a Tax on selling Aidi at 6% then a 10% tax buying Verse. It is too clunky and very punishing on the sell/buy tax. With just one token its Earn ‘Aidi Finance’ > Use ‘Aidi Finance’. This would be a massive quality of life improvement.

Q. What are the other Benefits of merging Verse too?
A. Now all volume will be concentrated onto one token. Instead of just relying on one utility, the new Aidi Finance token will be used for all products that Aidi Finance release. We will have one staking pool so where possible the Aidi Finance products will generate funding to supply the staking pool. There will be only one LP pool to focus on, which can also be added to from the profits of Aidi Finance. 

Q. How will the migration and merge work?
A. If you’re holding AidiMatic Or Verse, you will NOT need to do anything. The team will Airdrop holders their share of tokens. For AidiBSC token holders a migration tool will be added to the official aidiverse.com website that will allow you to connect wallet - approve - migrate tokens. Your old AidiBSC tokens will be sent and your share of the Aidi Finance tokens will be sent to the same wallet once the new contract is released. During the migration period, these AidiBSC tokens will be sold to remove its LP and added to the new ‘Aidi Finance’ contract to combine with the LP from the AidiMatic and Verse. Before the migration can start at least 50% of the AidiBSC LP needs to be extracted. The team are looking to open up the migration tool for AidiBSC as early as possible to start collecting tokens for extracting the AidiBSC Liquidity Pool.

Q. What will the new supply be?
A. The new supply will be One Billion Tokens.

Q. What about CMC and CG?
A. We will be able to update our current AidiBSC CMC listing through the self service portal. Our AidiBSC listing is already under the name Aidi Finance. Please also note that prices will not reflect in non-custodial wallets until CMC and CG has been updated, and the charts are being tracked.
 
Q. Will there be a bsc token again?
A. Short answer, not until we find a way to have cross chain rewards.
Our original thoughts and plan included being able to mint new child networks that would reward their native token. Matic on polygon, bsc on Binance for examples. The major reason why not is because we are not able to share rewards generated by volume and distribute cross chains to Aidi Finance holders on the other networks. We feel this would dilute rewards and leave holders wondering which network token is best to hold. This is why we have decided to make Aidi Finance Polygon exclusive for now and continue to develop all our products on Polygon. Volume and rewards will be concentrated. This is not to say we might not be able to in the future once we find a way to spread rewards crosschains so it doesn’t matter which network you hold Aidi Finance on.

Q. What about the tokenomics and rewards?
A. The tokenomics and rewards will remain the same as the current AidiMatic contract. 6% Tax broken down into 2% Rewards, 2% Marketiing and Development, 2% Liquidity.
You will be rewarded in the native token Matic.
 
Q. How else will the merge benefit the ecosystem?
A. The merge cuts down costs for Aidi Finance in regards to paying a potential three listing fees for our current tokens AidiBSC, AidiMatic and Verse. Audit costs will also be reduced.

Q. Will there be an Audit for the new contract?
A. Yes, absolutely. We will be aiming to get audits from reputable auditors such as Certik within the same month of releasing the new Aidi Finance contract.

Q. Will the new contract be renounced?
A.  Not quite. The new contract will be going to EverRise’s EverOwn. When we submit our smart contract into the EverOwn locker, the ownership of that contract becomes locked to EverOwn. Ownership can be reaccessed through a weighted vote from you, the holders. We want to be more DEFI and lock away our contract so no changes can be made suddenly and only with the approval of our holders can we do so. See everrise.com for more information on their EverOwn.

Q. Will there be token burns?
A. We are moving to a fixed one billion supply that will not involve burns from our tokenomics. However Aidi Finance has the possibility to carry out manual burns using profits made from our products.
 
Q. How will the new Aidi Finance token be distributed and will my tokens value remain the same?
A. The distribution will be based on tokens held, wether its AidiBSC, AidiMatic or Verse. This will be calculated as a 33% share of the one billion Aidi Finance tokens. The value of these tokens post merge will be calculated using the combined LP of all three tokens. Please note that if there is a price difference between tokens pre migration then you may see your bag value increase or decrease from the pre migration value. However, do not fret, as supply distribution is based on the tokens held. If you do see a value reduction post migration, your bag will scale up faster as token price increases due to owning a higher Aidi Finance token amount. Below we’ll dive into the math.

Token Distribution Multiplier = (Total supply of Aidi Finance/old token circulating supply)x0.333333
AidiBSC token multiplier = (1000000000/45122843818536000)x0.333333 = 0.00000000738723
AidiMatic token multiplier = (1000000000/60000000)x0.333333 = 5.55555
Verse token multiplier = (1000000000/5000000)x0.333333 = 66.6666
To work out your new Aidi Finance amount using these multipliers, multiply your token amount by the multiplier. Each old token will have a supply of 333333000 AidiFinance tokens allocated to them.

The Aidi Finance starting price if migrating today will be calculated using the below formula.
LP supply as % = (LP supply/Circulation supply)x100
AidiBSC = (6507482127038310/4512284381536000)x100 = 14.42%
AidiMatic = (1621349.11/60000000)x100 = 2.70%
Verse = (433698.98/5000000)x100 = 8.67%

Share of Aidi Finance supply for new LP = (LP supply as %/100)x333333000
  Aidibsc = (14.42/100)x333333000 = 48072292.3532
AidiMatic = (2.70/100)x333333000 = 9007486
Verse = (8.67/100)x333333000 = 28913236
Combined share for LP = 85993015

Current combined value of LP = AidiBSC LP+AidiMatic LP+Verse LP = $67782+$22834+$51003 = $141619
Aidi Finance starting price = Combined LP of AidiBSC+Aidimatic+Verse/combined share for LP
= $141610/85993015 = $0.001647 Per Aidi Finance token
Market Cap = total supply x token price
= 1000000000 x 0.001647 = $1,646,866.32

Supply distribution continued-
This method of distribution means that current holders will not need to worry about their current tokens as their share of supply will remain constant regardless of prices and LP changes from now until migration date. This is due to the supply distribution multipliers for each token. What will change however is the starting price of the new single token Aidi Finance as the LP and individual token prices will fluctuate as trading happens. It is also important to note that at the current token prices the AidiMatic holders will see a reduction in bag Value in $$. We cannot stress enough that this will not be a problem as the distribution is based on tokens held and scaled with the new supply. So their bag holding will scale up more as the Aidi Finance token price increases due to holding a bigger supply of the Aidi Finance token.

We will provide a calculator that you can use to work out your Aidi Finance token post migration.

Q. Which token should I buy pre migration?
A. You can buy which ever token you like. However, it would be a recommendation to buy the token which would give the greater amount of tokens per $1 as the migration will be calculated on holders token amount. If you are a current holder and you are looking to swap around for more of the supply, please remember there is a tax to sell and a tax to buy which will need to be included in your calculations.

Please Note: A prerequisite of the merge and migration is that at least 50% of the Aidi BSC liquidity is extracted before the migration. This is to prevent any manipulation of the market price.
Aidi Finance feel we have given enough notice of our plans as well as providing all the information necessary to make an informed decision of what to do with your holdings before the migration happens. As always the team are here to answer any and all questions, as well as receive any feedback through our official telegram channel https://t.me/aidi_official or twitter @aiditoken.

The migration and merge of Aidi Finance is subject to change if required and holders will be updated with any changes before hand

Portugal is playing well organized passer game tonight. They are using wings efficiently as well. But at striking and chance creation they are bit worse. Morocco defence is motivated. I feel like this may end up as very hard match for Portugal. Morocco keeps surprising me. They have many skilled players compared to their opponents that they played against. I hope match ends in draw so we can have more fun after 90 minutes end.

Another day, another record.

On December 7th GBTC closed with a record negative discount of 47%



There is no end to this pain trade, and I guess more has to come until something finally breaks.

This was undoubtedly Cristiano Ronaldo's last World Cup. For the second time that Ronaldo had been on the bench, this was big mistake. He was the leader of this team above all else. I think Portugal Coach should resing as soon as possible because of this fatal mistake. By the way This is the first time in history that an African team has advanced from the quarter-finals to the semi-finals of the World Cup. Morocco has played very well, Congrats Morocco.

CMC shows the first trading date 25.11.22. May be the token was created 2 months ago, but the cost he got 2 weeks ago. The whitepaper in cryptocurrencies is an important thing when we talk about working project - when we can see and compare what the devs made and what they planned to do. In this project it looks like "the declaration of intent". I don`t ready to bring money to such project, with token that i can`t sell. But i don`t recommend someone to do the same - i just told my opinion.

I tried to enter the link provided by you and does not take me anywhere. 
Actually, when I clicked on it, all I get is an error telling me the server could not be found or something like it.

Is the server or your casino down because maintenance or something? I ask because it could be also something wrong with my internet connection, I want to be sure.

I expecting that in the game between France against England , France will win it .
But we have seen so many strange results in this World Cup so dont count at my bet.
And the same is it with Portugal but here i can imagine that Morocco can be good for a surprise.
Even one of that teams will score goals we have seen that its possible to score a few goals in Minutes.

What can i say? I see that the token price felt down seriously. And the token was created just 2 weeks ago. NFT also are useless. The site looks as usual. I don`t find smth new ideas or interesting innovations. Just usual project that wants to get investor`s money and possible create smth just to report that they are working.
I don`t need even read whitepaper - i`m sure that it is same with the other projects.

Looking at Brazil's performance since the group stage matches, of course they are always favored, moreover they always score goals in every game. But we talk about Croatia, which we know in 2018 was in the final against France, this cannot be underestimated, they are still consistent until now. It is likely that later the two will attack each other and whoever scores first will increase their attack power. With odds of 8.80 maybe I will bet on croatia until the last minute.

The old days already gone and those players like xavi and iniesta already retired since long time ago. Spain can't even build the attack properly and there would be also the main problem that must be solved about how amateur spain players when they were executing the penalty.
0 goals from penalty which was a big shame for spain. Spain needs to change whole of players in the club. losing against morocco was a big disappointed for spain. that's why many people blame spain's player about the result against morocco