FAQ

#General

What is Augmented Finance?
Augmented is a DeFi liquidity protocol for high-yield lending and low-interest borrowing of digital assets, launched fairly and enabled by AI. Augmented is on a mission to help you achieve and secure financial independence and be your trusted long-term source of income.‌
How do I use Augmented Finance?
  • Supply your assets to our liquidity pools to receive liquidity rewards in AGF tokens plus interest in the currency of the asset you supplied
  • Borrow assets from our liquidity pools with the lowest rates and receive liquidity rewards in AGF tokens
  • Stake your agTokens and Uni v2 AGF-ETH tokens to earn AGF tokens for staking
  • Stake your AGF to get xAGF and a boost (up to 4x) for your AGF rewards
Have you done a security audit?
The security of the Augmented Finance protocol is our highest priority, and the team has taken all the necessary actions to secure users' funds. The protocol's code is successfully audited by Peckshield. Additionally, we’ll establish a bug bounty program to reward improving the security of the protocol.‌
Our code was audited by Peckshield – a leading blockchain security company. Read about audit results here. The text of the audit is available here.
Do you plan to establish a stablecoin or build an AMM into the protocol?
Not in the first version of the protocol. Maybe at a later stage.‌
Do you plan to implement flash loans?
Yes, we do.‌ Flashloans won't be available during the early liquidity mining program.
When will a time-lock on the admin contracts be implemented?
Initially, there will be no time-lock. This is to enable us to quickly react to any issues that may arise. The ownership and admin management of the protocol will be migrating to decentralized governance (DAO) through the AGF token soon.‌
What wallets can I use for AGF token?
AGF is an ERC-20 token. You will be able to add AGF via Metamask or connect to the wallets that are supported by Wallet Connect.‌
Does Augmented Finance has a DAO?
We’re on a path to progressive decentralization and will implement a DAO soon.‌
How do I contact the team?
You can direct message us on Twitter, ask a question in #support channel in Discord, or simply email [email protected]

#Tokenomics

How can I get or buy AGF tokens?
  1. 1.
    Buy AGF on Uniswap v2 once we launch the AGF-ETH liquidity pool there
  2. 2.
    Supply your assets (USDC, USDT, DAI, WBTC, ETH*) to receive liquidity mining rewards in AGF tokens plus interest in the currency of the asset you supplied (e.g. supply DAI — earn interest in DAI plus AGF rewards)
  3. 3.
    If you participated in the token burn program (ended in May 2021), you can claim AGF in exchange for your burned tokens
‌* You’ll need to convert ETH to WETH using our gateway or you can supply WETH instead.‌
Why are you going to list only on Uniswap?
Uniswap will be the first but not the only one. We chose it because:
  • It's the biggest and widely used DEX in DeFi space;
  • It's the most reliable;
  • It has the biggest liquidity.
What are the liquidity mining rewards? How do they work?
The liquidity mining rewards are for supplying and borrowing underlying assets (USDC, USDT, DAI, WBTC, ETH*) to the protocol.‌ And also for staking agTokens, Uni v2 AGF-ETH tokens, and staking AGF tokens.
* You’ll need to convert ETH to WETH using our gateway or you can supply WETH instead.‌
What is the Dev Fund for?
The Dev Fund will be used to compensate the protocol developers and establish a bug bounty program.‌
Where can I see the deposit and borrow yields (APY)?‌‌
You can check APYs here: https://app.augmented.finance/markets
Is there a planned coin burn in AGF? Similar to regular burn of BNB coins.
No, we have different mechanics to reduce the circulating supply of the AGF tokens (e.g. staking AGF tokens for up to 4 years to boost yields)‌
Last modified 1mo ago
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