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 genuinely benefit your community by giving it a new opportunity through transferring the value of the existing token or coin to AGF and allowing it to participate in the growth of Augmented Finance. In return, the Augmented Finance community will be fueled by the communities of the projects accepting the offer.
Transfer 100% value of burned tokens/coins into AGF tokens. Augmented Finance will not do any ICO or VC fundraising before its launch to exclude the need to pay-back any financial backers. All the rest of AGF tokens will be earned through various work for the Augmented Finance protocol to make the whole distribution as fair as possible. Our detailed tokenomics will be published within 45 days, stay tuned.