
Antfarm Governance Token AGT
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DeFi
Status
Market Data Unavailable
General Info
Contracts/Explorers:
Ethereum
What is Antfarm Governance Token?
AGT is the Governance token for the Antfarm ecosystem, it is an ERC-20 token with a total supply of 10000000 tokens. Holding AGT opens many doors within the ecosystem, including the possibility to take part of the Antfarm's DAO and to improve the platform. Core contributors within the Antfarm ecosystem will initially hold 40% of the total supply. The long-term goal will be to distribute this portion of AGT across the market to further increase the decentralisation of the DAO.
AGT holders can stake & lock their AGT into the Antfarm DAO staking contract to receive veAGT. Staking allows participants to vote in the Antfarm DAO Governance and to claim rewards based on profits made by the DAO's positions on Antfarm pools. veAGT determines the voting power within the DAO, and participate in shaping the future of the Antfarm ecosystem. The more AGT are locked, the more veAGT are earned and the more power comes with it.
Antfarm is a Decentralized Exchange (DEX) built especially for Liquidity Providers (LPs). It is supported by a Decentralised Autonomous Organization (DAO). Antfarm's mission is to attract, compensate and retain LPs, increasing their profits while reducing the risks taken. Antfarm's goal is to offer better profits to Liquidity Providers, as well as a tailor-made approach of their portfolio. Antfarm offers a wide selection of fees when creating or joining a liquidity pool: 1%, 10%, 25%, 50% and 100%.
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