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Have Fun With A Quiz in Gate Chat Group & Unlock Big Rewards!
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➜ Click the Link to Enter: https://gate.onelink.me/Hls0/group?chatroom=groupGate Square New & Returning Creator Rewards are ongoing!
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2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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#SUPRA 📢 vernacular explanation of supra's "AutoFi" is used to improve the current shortcomings 👉🏽 of blockchain in transactions:
📉 Most blockchains today make money in two ways: charging users a fee every time they make a transaction. Plus print more tokens (the value of the tokens decreases over time).
🚨 Unpreventable problem: Some dodgy bots (called MEV bots) preemptively trade and make extra money 🎁 for themselves. That's 🤕 not fair!
💡 Solution: AutoFi is like a smart piggy bank that can save the excess money before the robot takes it away. AutoFi doesn't monetize bots, but shares them with everyone: app dApp builders (so they'll make better tools for you) Security guards (validators) that keep the system running, Community Fund (for growing the entire network)
✨ Why it's cool: No more unexpected fees! 🚫💸 Get more money 🚀 with your favorite crypto app The entire system can evolve 🌱 without printing more currency So, the blockchain doesn't charge you, but makes money on its own – a bit like a magical money machine that gets stronger over time.
This is AutoFi – making cryptocurrencies fairer, smarter, and richer for everyone! 💰✨ P.S. NFA This is just what ChatGPT outputs for the ELI5 summary: