How to Buy Auxo Crypto (AUXO)

What is Auxo AUXO?

According to Coingecko, Auxo is : # About $AUXO $AUXO is an ERC-20 Token deployed on the Ethereum Network that represents shares of the Auxo DAO treasury. The AUXO token has a strictly controlled policy of expansion, it is designed to be non-dilutive versus the net asset value (NAV) of the treasury and there is no mechanism of inflation. The AUXO token is fully distributed to it’s token holders, aside from 20% of supply held by the DAO as protocol-owned-liquidity used in market making. ## Net Asset Value The Net Asset Value for AUXO is calculated as total assets held by the protocol divided by the total AUXO supply, in math terms: NAV = Assets / Total_Auxo_Supply ### Assets are comprised of: - Liquid assets held in the treasury - Illiquid assets held in the treasury - ETH side of AUXO-ETH pairs where the treasury is providing liquidity The valuation of the assets will follow a 7 day TWAP. The price of liquid assets will be recorded for TWAP computation every day at market open. — The price of illiquid assets will vary based on the nature of the liquid asset itself. In case of escrowed tokens such as esGMX, their price will be assumed to be the same as their liquid equivalents (i.e. GMX).) It is only possible to mint new tokens with governance approval, specifically via an inflow of new capital into the treasury at NAV value through a mechanism known as bonding. This feature ensures that previous holders are not diluted from newcomers joining the DAO.

Where can I buy AUXO Crypto?

You can buy Auxo on Uniswap.

Why should you buy Auxo?

Auxo is really one of a kind project. The roadmap is incredibly promising and if the dev team can keep up with the with it, it's only a matter of time for the market to catch up. It's a very risky play but one that can yield amazing profits. Do you own diligence and research the project further so you can make your own decision.

How to Buy Auxo Crypto?

Step 1 - Setting up a Metamask Wallet

Metamask is by far the most used walled in the world of Ethereum. Whenever you want to buy and sell cryptocurrencies or even use blockchain apps that run on the Ethereum Network, Metamask will be your best friend. Setting up the wallet is also very simple and easy.

Head over to metamask.io and click Download. You'll need to use Google Chrome, Brave Browser, Firefox, or Microsoft Edge for this to work. So make sure you are using one of these four browsers. Now at the end of the page, click on the browser you're using and install the extension.

You are now the Welcome Page of Metamask. Click on 'Get Started.' Now click on 'Create a Wallet.' Choose a strong password for your Metamask wallet and continue.

Very Important Part! Keeping your backup phrase safe is the difference between having millions in your account or be that guy on the landfill looking for his old hard drive.

Click on reveal your backup phrase and write every word down on paper. Make sure you don't save your backup phrase on anything digital. This is for your security. After you wrote down your backup phrase, you'll be asked to confirm it. Click on every word in the correct order, and you should be done.

Step 2 - Buy Ethereum on Simpleswap

Simpleswap is the easiest way to buy crypto today. Free from registrations, KYC and third-party custody. With Simpleswap we can buy ETH and receive it directly on our on-chain Metamask wallet, skipping most of the steps we'd have to take through a traditional exchange.

Click here to access Simpleswap

Just click the Buy/Sell Crypto tab, insert the USD amount you want to trade for ETH, and click "Exchange", just like this:

Now all you have to do is click the Metamask fox logo to directly copy and paste your Metamask Ethereum address. It should add it automatically.

You can now choose between Google Pay or card to complete the payment:

Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated balance in Metamask.

Step 3 - Buy Auxo on Uniswap with ETH

Buy AUXO on Uniswap with ETH

Uniswap is currently the number one Decentralized Exchanged in the world, and it's simply the best place to buy cryptocurrencies that aren't available on sites like Coinbase or Binance.

Before we head over to Uniswap, we need to prepare your Metamask Wallet to receive Auxo. Open Metamask, scroll all the way down, and click here:

Select Custom Token and paste this token contract address there:

0xff030228a046f640143dab19be00009606c89b1d

The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive Auxo (AUXO).

You can check the price and confirm the correct token address of Auxo on Coingecko.

Let's buy some Auxo!

Go to Uniswap. On the upper right corner, click on Connect Wallet and select Metamask. A confirmation popup should open on Metamask (click on the "little fox logo" if you don't see it). Now you need to accept, connect, and your wallet should be connected to Uniswap.

Select a token and paste the Token contract address: 0xff030228a046f640143dab19be00009606c89b1d

Click Import and accept the terms.

Now you have to select the amount of ETH you want to trade for AUXO. After you confirm it, another popup will appear from the Metamask extension and you should approve the transaction.

Wait a few minutes, and your AUXO should appear on your Metamask Wallet.

Congratulations! You are now a proud Investor of Auxo!

In case your transactions keep on failing, adjust your slippage tolerance. To do that, click on Uniswap's gear icon, and put 5% here:

Adjust slippage on uniswap