Intro to Augmented Finance 🎤
Augmented Finance

What is Augmented Finance

Augmented Finance is a DeFi liquidity protocol on a mission to enable users to lend and borrow any asset on any chain. The multichain future with liquidity fragmentation has arrived. Augmented is building a DeFi liquidity protocol with full crosschain compatibility to merge the liquidity across all chains and let users lend and borrow on various chains simultaneously.

Tokenomics

Total supply: 100 000 000 AGF.
Fair launch: no pre-mine, no pre-sale, no ICO, no VC allocation. Unlike Aave and Compound where the majority of tokens are distributed to ICO participants or Venture Capital funds, almost all AGF tokens will be distributed to the Augmented Finance protocol's users who actively use the protocol (borrow, supply, stake).
Pools:
Pool
% of Total AGF
Protocol Users
68%
Referral Rewards
1%
Token Burner Rewards
1%
Dev Fund
10%
Ecosystem Fund
20%
Augmented Finance’s tokenomics is engineered to benefit the protocol's users, increase the protocol’s total value locked (TVL), and bolster the protocol's resilience through all market cycles.

AGF

Augmented Finance token (AGF) is the native token of the Augmented Finance ecosystem and the foundation of economics, governance, and safety for the protocol:
A user can stake AGF for a period from 1 week to 4 years, and receive xAGF to unlock the following use cases:
  1. 1.
    Boost Yields (up to 4x) on:
    i. supply and borrow of assets
    ii. staked agTokens (Augmented Finance's interest-bearing tokens)
    iii. staked Uni v2 AGF-ETH (Uniswap v2 liquidity pool tokens)
  2. 2.
    Get a share of treasury funds (coming soon)
  3. 3.
    Vote on various DAO proposals and protocol parameters (coming soon)

Supply & Borrow

Suppliers (lenders) earn high APY on supported assets supplied to the protocol, with the highest safety (e.g. supply USDC, earn interest in USDC, and receive liquidity mining rewards in AGF).
Borrowers pay low interest on supported assets borrowed from the protocol, with the highest safety (e.g. borrow USDC, pay interest in USDC, and receive liquidity mining rewards in AGF).

Stake

Stake Uni v2 AGF-ETH or Pancakeswap AGF-BUSD LP tokens: deposit your AGF and ETH (BUSD) to the AGF-ETH pool on Uniswap v2 or PancakeSwap AGF-BUSD pool. Get Uni v2 AGF-ETH (Uniswap v2 liquidity pool tokens) or PancakeSwap AGF-BUSD LP (Pancakeswap liquidity pool tokens) and earn trading fees. Stake your Uni v2 AGF-ETH or Pancakeswap AGF-BUSD LP to Augmented Finance’s staking module to earn more AGF and increase the safety of the Augmented Finance protocol.
Stake agTokens: supply the supported assets to the protocol, stake your agTokens on Ethereum (Augmented Finance’s interest-bearing tokens — agUSDC, agUSDT, agDAI, agWBTC, agETH) to Augmented Finance’s staking module, receive more AGF and increase the safety of the Augmented Finance protocol.

Stake AGF to Boost Yields

Stake: stake AGF for a period from 1 week to 4 years to receive xAGF.
Boost: Holding xAGF gives a boost (up to 4x) of AGF rewards for those who actively use the protocol — supply and borrow supported assets, stake agTokens (Augmented Finance's interest-bearing tokens), and stake Uni v2 AGF-ETH (Uniswap v2 liquidity pool tokens) or Pancakeswap AGF-BUSD LP (Pancakeswap liquidity pool tokens). The users who stake AGF and actively use the protocol — get the maximum amount of AGF rewards.

Trade

Trade AGF on the largest Ethereum decentralized exchange (DEX) — Uniswap v2. Or Pancakeswap — the largest DEX on Binance Smart Chain. More exchanges (both decentralized and centralized) will be added later.

Security

The Augmented Finance protocol security and safety is at the high level:
  1. 1.
    The protocol code is open and thoroughly audited by Peckshield
  2. 2.
    The bug bounty program will be started
  3. 3.
    Fast customer support and security alerts
Augmented Finance’s team has developed world-class lending and borrowing protocol to meet the existent needs of users and unlock the intelligent DeFi era. Join us to unlock a new level of innovation in DeFi and power a brand new generation of decentralized intelligent financial services.

More Questions?

Last modified 1mo ago