June 12, 2024
As we prepare for the highly anticipated AGA Token Generation Event (TGE), our focus shifts to ensuring a sustainable and robust ecosystem for AGA post-launch.
Today, we are excited to introduce our staking program for the $AGA token, which will allow Agorians to maximize the benefits of their investment based on their loyalty and activity. This will foster a strong, engaged, and loyal community that supports the long-term success of the Agora ecosystem.
Staking
First, staking minimizes sell pressure by locking tokens, thus reducing their availability on the market and stabilizing AGA’s value from the start. Second, staking rewards the most loyal users, recognizing and incentivizing those who demonstrate long-term commitment with attractive APYs on their staked positions. Finally, in the future, when our DAO launches, staking can promote long-term community engagement by encouraging token holders to stake their tokens to actively participate in essential governance matters.
Staking is a widely recognized and developed mechanism that we can deploy right after the TGE.
$AGA Staking Details:
Our platform offers complete transparency, allowing you to view your total staked balance, track the number of tokens you will earn once the period ends, and easily see when each staking period concludes.
This is all powered by a robust and secure smart contract designed to protect your staked assets with features to prevent vulnerabilities.
$AGA Staking Rewards Details:
Our $AGA staking program allows token holders to choose from 4 different locking periods for their $AGA tokens: 3, 6, 12, or 24 months to achieve increasing and impressive returns.
Earn up to 80% APY with the $AGA staking program! The longer your commitment, the higher your returns.
$AGA Token Staking Rewards Table:
Example: Stake 5000 $AGA: Total after 3 months: 5000 + 500 = 5500 AGA tokens. You will have earned 500 additional $AGA tokens after 3 months of staking.
Example: Stake 5000 $AGA: Total after 6 months: 5000 + 1250 = 6250 AGA tokens. You will have earned 1250 additional $AGA tokens after 6 months of staking.
Example: Stake 5000 $AGA: Total after 12 months: 5000 + 3250 = 8250 AGA tokens. You will have earned 3250 additional $AGA tokens after 12 months of staking.
Example: Stake 5000 $AGA: Total after 24 months: 5000 + 11200 = 16200 AGA tokens. You will have earned 11200 additional $AGA tokens after 24 months of staking.
Earnings simulation table: by way of example
How to Stake Your $AGA Tokens:
You can now see your staked tokens on the dashboard. As soon as you confirm your $AGA token staking transaction, you start accruing tokens. Once the staking duration ends and you have completed the recharge period, you can withdraw your $AGA tokens and claim your staking rewards!
To take advantage of these rates, stake your tokens as soon as possible. Note that these rates will only be available for a limited time, and the total staking pool is capped at 10 million $AGA tokens, so it’s first come, first served.
For a smooth staking experience, here are some tips and tricks:
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