When do you plan to launch the protocol?

We are planning to launch the protocol this summer.

Have you done a security audit?

We plan to perform a security audit at a later stage closer to the launch.

Why don’t you disclose the team?

‌We don't believe that the future of Augmented Finance should be shaped by people and want to completely eliminate any human factors, building on the philosophy of Bitcoin’s anonymous creator. Our team will stay anonymous as long as it doesn't hurt the successful growth of the protocol ecosystem.

Do you plan to establish a stablecoin or build an AMM into the protocol?

Definitely not in the first version of the protocol. Maybe at a later stage.

Do you plan to implement flash loans?

Yes, we do.

When will a time-lock on the admin contracts be implemented, if at all?

Initially, there will be no time-lock. This is to enable us to quickly react to any possible bugs that arise, thus improving the security of the protocol. The ownership and admin management of the protocol will be migrating to decentralized governance through the AGF token.


What are the Staking Incentives? How do they work?

The Staking Incentives come in the form of AGF tokens and are earned by staking AGF, agTokens, and DEX LP tokens into the Staking Module. This improves the security of the protocol for lenders and borrowers.

What are the liquidity incentives? How do they work?

The liquidity incentives are for lending and borrowing — providing liquidity to the protocol. Each market (e.g. DAI, ETH, etc.) is allocated AGF relative to the borrowing demand; the allocation is then split equally between suppliers and borrowers.

What is the Dev Fund for?

The Dev Fund will be used to compensate the protocol developers, establish a bug bounty program, and pay for the security audit.

Where can I see the deposit and borrow APYs of the markets?

‌You’ll be able to see the APYs (annual percentage yields) for lending and borrowing on various markets and staking on our website once we have launched the protocol.

Will the decreasing token issuance cause AGF token price to go up?

The decreasing token issuance is a proven mechanic to prevent price drops from occurring as a result of hyperinflation.

How many AGF tokens do I stand to receive after burning tokens from other projects?‌

The initial price of AGF will be set based on the total value of all the burned tokens from other projects.

A total of 1,000,000 AGF has been allocated for token burners to claim, and will be released in equal parts over 400,000 blocks, after the protocol launch.


• The total value of all the burned tokens of other projects is $10,000,000.

• The price of AGF is set at: Total value of all the burned tokens of another project divided by the amount of AGF allocated for token burners = $10,000,000/1,000,000 AGF = $10 per 1 AGF.

• A user who burned the equivalent of $10,000 worth of tokens from another project, gets: $10,000/$10 in AGF = 1,000 AGF.

• This user is able to immediately claim 1,000 / 400,000 blocks = 0.0025 AGF per block – or wait to claim his AGF tokens in parts or in full at a later date.