ABAS Token uses Bitcoins' Store of Value concept.
By using Proof of Work, Staking, and Auctions we aim to have a fairly distributed token.
Every rewardEra the rate of rewards halves, like Bitcoin.
Meaning all contracts then distribute half as many ABAS Tokens as the previous years.
This is all done using contracts on the Arbitrum blockchain which are 100% decentralized, fair, trustless, and ownerless!
We aim to not be considered a security by having a 100% decentralized, open and fair distribution for every token.
It is a good thing to not be a considered security token!
Never before have all these technologies been on such an amazing layer 2 blockchain.

Total Supply - 73,500,001 ABAS Tokens

42,000,000 (57%) ABAS Tokens distributed via Staking Contracts
21,000,000 (29%) ABAS Tokens distributed via Proof of Work Contract(Mining)
10,500,000 (15%) ABAS Tokens distributed via Auctions Contract

ABAS Staking is a way to distribute ABAS tokens to users who provide Liquidity for ETH / ABAS pair and the ABAS / 0xBTC / bForge pair on Balancer

Staking will distribute 57% of the total ABAS Supply

Securely and 100% decentralized rewards for holders of the Balancer liquidity token.
By staking liquidity tokens users allow ABAS tokens to have deeper liquidity.  
A large liquidity allows our token to be distributed more fairly because a large part of the supply will always be for sale!
The contracts will distribute Ethereum tokens, ABAS, 0xBTC and up to three other coins!
Each contract recieves 1 token for every 1 token mined by ABAS miners.  Great APY!
LP stakers also receive 66% of all Ethereum collected by the Auction contract.
Use the orange "Stake DAPP" button below

To get started download our GPU miner below

FPGA Miners: Coming Soon

Proof of Work will distribute 29% of the total ABAS Token Supply

A way to securely mint ABAS tokens using our safe POW system and contracts.
Machines connected to the contract solve complicated hashes with an answer unique to their ethereum address for the reward.
A solve rewards 1400 ABAS tokens at 360 minutes.  This reward will half every every ~4 years.
When the network hashrate decreases; miners recieve greater rewards.  When it increases; miners recieve less rewards.
This encourages our miners to constantly be turning off miners from our contract.
Since miners are rewarded for turning off miners, that means less miners to compete against.
Receive a mining reward of up to 50+ different cryptocurrencies and ABAS!
Decentralized Proof of Work NFT mining!!!  Mine NFTs!!! 
Mining rate of tokens controls auction rate, and stake rate.
Miners receive 33% of all Ethereum collected by the Auction contract.

We have added custom Token Amounts to the mining equation.  ONLY Mine when you want to receive a certain amount of rewards.

To do so just change "MinABASperMint": 3.5, in the ABASMiner text file.
For over 3.5 ABAS it will mine the block

Change this setting in your ABASMiner text file in the "MinABASperMint" setting.
Miners are by default set to 3.5 ABAS (average reward time of 12 minutes a block).
To change your Minimum ABAS per reward amount go to the ABASMiner text file and Edit "MinABASperMint" variable

Arbiscan Link How to Mine & FPGA Buying Guide Download GPU Miner Here Download GPU Miner Github

Auction your ETH Tokens for ABAS Tokens here

Auctions will distribute 15% of the total ABAS Token Supply

Securely and 100% decentralized auctions of ABAS tokens in exchange for Ethereum Tokens.
Our contract ONLY accepts ETH Tokens to bid during Auction of ABAS Tokens.
Each Auction lasts ~12 days.
After auction ends the ABAS Tokens distributed divides by how much Ethereum	 user sent. 
Each participant will fairly be able to claim their share of claimable ABAS at auction end.  
At token launch each auction will provide 32,782 claimable ABAS and will half every 150 auctions (estimated 4-5 years).
Use the orange "Auction DAPP" button below

Only send Ethereum from a Wallet you have the private key of like Metamask. Do not send 0xBitcoin directly from Coinbase/Kraken/Gemini or the Ethereum purchase will not be credited correctly.
Please use the dAPP for easy Auction and Staking!
Must be on the Arbitrum Blockchain or your purchase will not be credited.