AGO Governance Token
Ticker: AGO Max Supply: 1,000 AGO Total Supply: Continually reduced via Redemption Emission: 0.685 AGO per day Contract Address: TBA
AGO can be obtained by:
Staking AIPX tokens in the AIPX DAO
Participate in the AGO Auction (burn AIPX tokens -> receive AGO)
AGO Allocation
There is no pre-allocation/pre-mining of AGO tokens. The only way to earn AGO is through staking AIPX tokens.
AGO Emissions
The emissions schedule at launch will release 0.685 AGO per day. Adjustments may be made to the emissions schedule through DAO governance vote.
Utility
Governance Rights
The governance token of aiPX is AGO. Owners of AGO tokens are the decision makers in the aiPX ecosystem. AGO holders serve as the AIPX DAO, where the ecosystem and treasury are directed by governance proposals, making decisions on the long-term direction of AIPX. These duties include managing the treasury, approving contributor nominations, managing the protocol's fees, features, and functionality, as well as security and other issues.
Treasury Rights
The AIPX DAO takes on the role of an asset manager for the ecosystem, controlling all management and DAO Treasury access. The DAO Treasury receives 30% of protocol income, continually adding value for DAO participants. Senior ALP tokens representing these fees are subsequently deposited to the DAO Treasury, which continues to provide returns for AGO stakeholders.
Treasury Redemption
Holders of AGO may redeem liquid assets (BTC, ETH, USDC, etc.) that are available in the DAO Treasury. All AIPX tokens in the DAO Treasury are not included in these liquid assets. Holders of AGO tokens have a 2-day redemption window every two weeks during which they can exchange their tokens for these Liquid Treasury Assets. These AGO tokens are burned after being redeemed.
AGO Yield Staking
AGO holders can stake their AGO to earn protocol fees. 10% of protocol fees generated daily are distributed to AGO stakers in the form of Senior ALP, which can be redeemed for any Senior ALP asset (BTC, ETH, USDC, etc.).
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