FanaDOT

The FanaDOT protocol aims to further introduce, promote the Polkadot coin (DOT), and solve the problems of previous cryptocurrencies including mining rewards, farming, and liquidity provision. As an easy alternative to mining rewards, we allow users to participate in smart contract token reflection to generate DOT in their own wallet (passive income). To facilitate and maintain liquidity on a decentralized exchange. Naturally, decentralized exchanges require liquidity for participating users, so the onus is on the developers to provide it. Historically, developers created incentives aimed at users, to provide liquidity that is comparable to risk due to the non-permanent subjectivity of losses. As a workaround, we propose the use of a smart contract function to automatically add liquidity to be used on a decentralized exchange and held independently of user ownership. Smart contracts also provide the ability to burn tokens which can lead to scarcity by reducing the total supply. This combination of tokenomics is superior and useful for society in a decentralized place.