Finance & EconomicsTechnology

Algorand ASA aSHIB evolves in free markets to

It was almost love at first sight when I first heard of Algorand. As I researched more about it, I would soon be selling all my BTC and ETH for some ALGO. I would stake my ALGO for governance and then midway withdraw from it because I realized that making my ALGO work for me was much better than just holding on to it for quasi-fixed returns from the rewards. I ended up on the decentralized exchange Tinyman, helped AKITA INU a popular ASA grow initially before focusing my energy on another low-key ASA called aSHIB or AlgoShibaInu.

Over time, aSHIB became “legit” as I became the biggest “whale” and then the co-founder of A month back, we launched our 6000 members plus Discord server, and a week back, I ran an automated airdrop python code that made everyone opted in to aSHIB a millionaire. This week, I am working on the next challenge of building a Defi application. Wish me luck!

How to make the Algorand ASA ecosystem on Tinyman better?

  • Help investors analyse the many ASA and the Liquidity Pools on Tinyman
  • Use AI/ML to predict future ASA prices to guide Liquidity Pool allocation and investment
  • Demonstrate application of research on built to add value for the aSHIB economy and the Algorand ecosystem.

What is aSHIB/AlgoShibaInu?

  • An Algorand Standard Asset (ASA) that has evolved out of free markets. 
  • For example, if the creator of the token is the government that has distributed resources among the population within the aSHIB economy (by a series of aSHIB airdrops), eventually the biggest whale on the token reaches a point on the Maslow’s pyramid and decides to partner with the government to boost value for everyone and himself within the aSHIB economy. 
  • Hence, was born, when the $aSHIB billionaires pooled up their assets in the various Liquidity Pools to work on a collective broader strategy to add value to the token. 

How will add value?

  • Build models for ASA price prediction using state of the art AI/ML
  • Use results to rebalance aSHIB LP portfolio to maximize gains and solve liquidity shortage issues between non ALGO pairs
  • Develop a bot trader that will automate the above process and add value to the aSHIB economy and the token
  • aSHIB pools will prevent pool overflow error on Tinyman and secure Liquidty Pools for new or low volume tokens
  • Publish our progress and research for investors, developers, other token economies, students, community etc. 

How can I learn more about aSHIB?

Price chart of aSHIB or AlgoShibaInu on Tinycharts.
$aSHIB price chart on Tinycharts, Date: 21th November, 2021

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Hi, I’m Vineeth Naik

Liberal part time Blogger and full time Researcher with a broad range of experience, professionally and personally in Austria, Italy, UAE & India. Loves Finance, Business & Technology. Cares about society.

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