We released the tokenomics overview for Augmented Finance. Check it out: http://docs.augmented.finance. We set up a dedicated channel to discuss the #tokenomics in our Discord: https://discord.gg/zjtEtQbzNy.
The team is heads-down working on building the protocol to unlock the intelligent DeFi era and bring new levels of efficiency to the market. Stay augmented!
Burn the tokens of your protocol and earn the Augmented Finance governance tokens (AGF) in exchange!
This stage is focused on the teams of blockchain projects that didn’t take off as planned but attracted large and thriving communities. Neither you should feel ashamed (as the failure rate of startups is around 90%), nor should you give up and fold the efforts to create value for the existing community. Augmented Finance offers these teams an opportunity to participate in the Augmented Finance protocol.
Burn the tokens of your protocol and earn the Augmented Finance governance tokens (AGF) in exchange. This will…
Our mission is to build an open, efficient, and globally accessible financial system.
Our roadmap includes three major stages:
1. Build Large Community
2. Build Massive Liquidity
The promise of DeFi is that borrowing and lending of digital assets, a basic financial primitive, can be extremely efficient and yield the highest rate for the lender and the lowest rate for the borrower. Today, this is not the case: protocols like Compound and Aave create a tax on the DeFi ecosystem to pay-back their financial backers (venture funds or ICO participants).
We believe DeFi protocols should favor borrowers and lenders by running efficiently with no legacy obligations and minimum spend on development. This is why we are building Augmented Finance.
Augmented Finance is on a mission to build…