Presale & Tokenomics Information
Hello my lovely friends,
We are BEYOND EXCITED to launch our pre-sale tomorrow. Before the launch of this event, we wanted to cover a few things so you can make a more informed decision!
1. Token amounts:
- 10,000,000 total supply
- 300,000 total $AG available in Presale
- 200,000 total $AG allocated for the initial LP on Sonic
2. Token distribution:
- launch price aimed at ~$0.90. (to avoid pre-salers dumping on day one)
- Tokens purchased will be distributed to users at a rate of 0.75% of the total purchased amount until the full token allocation is completed. This means all users will receive $AG every day for 133 days.
- Team allocation is 250,000 $AG tokens, and 50,000 allocated for event, community programs, and onboarding.
- Farms will mint 2739 new $AG every day for 9 years.
- Circulating supply will be very low for the first few years.
3. Tokenomics:
- While we are guarding the core intricacies of our tokenomics close the chest, we do want to explain some of the underlying themes and design ideology of what we have built.
- Tokenomics are burn-centric, and focused heavily on reducing the daily increasing supply, while simultaneously, through our unique mechanics, fostering customization, community, and competition.
- We have developed a whole new way for users to extract value out of the $AG token without having to harm the ecosystem -- in fact, we have designed a system that allows for users to be participatory in reducing supply, increasing value, all while putting value back into their own pockets.
4. Addition Comments:
- $AG is designed to be the key to SilverSwap. Everything on the DEX will circle back to boost the value, use case, and importance of $AG both at launch, and for all future product offerings.
- Team allocation will be in a multisig, not distributed directly to team members. We are excited to create $AG, but do not want to create any damage to the ecosystem by selling our share.
@everyone