Crypto CurrenciesAutomata
Automata Analysis
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What is Automata (ATA)?
ATA is the utility token used by the Automata network, a decentralised protocol on the Binance Smart Chain that seeks to provide privacy solutions for DApps across multiple blockchains. The project’s goal is to power privacy-first and friction-less transactions.
Automata has developed three different privacy middleware service solutions: Witness, Conveyor, and Librarian. Witness is a privacy voting solution for DAOs. Conveyor provides miner extractable value (MEV) protection for DeFi DApps. And Librarian offers privacy for blockchain indexing and data query.
The ATA token can be used for several operations on the Automata network. For example, it supports mining rewards, facilitates governance voting, and pays mining fees.
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