AGA, a decentralized Proof-of-Stake protocol
AGA is a decentralized, Proof-of-Stake protocol that utilizes community (AGA Token holders) to select & manage a portfolio of price-appreciating, staking tokens that generate shared revenue.
AGA is a decentralized, Proof-of-Stake protocol that utilizes community (AGA Token holders) to select & manage a portfolio of price-appreciating, staking tokens that generate shared revenue.
Proof-of-Stake is used as a revenue stream, along with liquidity mining – to increase value to all AGA Token holders.
The AGA community’s goal is to best utilize the community’s treasury to generate passive income for the betterment of all AGA Token holders. This may include processes such as:
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Today there are countless tokens offering various levels of staking rewards. Decred voting, XTZ staking, ZEN nodes, and many more. New generation of DeFi tokens have cropped up and offer yield farming rewards in return for pooled liquidity on Uniswap, Balancer and others.
Some even offer 10,000% APY returns (in their native unlimited supply token). Unfortunately, with only a few exceptions most of these tokens don’t have any source of revenue to fund these rewards and to justify their price. Furthermore, these rewards dilute the supply and ultimately drive the price down.
AGA Token changes this by using Bitcoin and Liquidity Mining to fund its staking rewards and to reinforce its price. This simple, yet, revolutionary approach aims to deliver substantial returns to all AGA Token holders through liquidity pool rewards and price appreciation.
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