AGA Utilities
Agora’s ecosystem is powered by its native token, AGA.
Last updated
Agora’s ecosystem is powered by its native token, AGA.
Last updated
Before diving into these new utilities, we are excited to announce that a portion of all Lootbox revenues and projects using our system will contribute to increasing the demand for AGA tokens.
How AGA Demand Will Be Strengthened
To ensure a robust and self-sustaining model, we are introducing three key mechanisms:
Power Staking: More Than Just APY 🌱 Staking your $AGA unlocks multiple benefits beyond earning APY: 🎟️ Whitelist Access: Gain priority access to premium Lootboxes. The more you stake, the better your chances of securing exclusive rewards. Committed holders always get first access! 💰 Revenue Sharing: Earn a share of Lootbox sales, giving you passive income while staying at the core of AgoraHub’s ecosystem. 🎁 AGL Farming: Farm AGL tokens by staking longer, boosting your chances of winning bigger prizes and maximizing Lootbox rewards.
Buy-Back & Burn: A Deflationary Model 🔥 A portion of every Lootbox sale is used to buy back and burn $AGA tokens, permanently reducing supply and increasing scarcity. 🔥 Less supply, more scarcity, stronger value. Each transaction strengthens the ecosystem, making AGA more valuable over time.
Proof of Commitment: Strengthening the Ecosystem 🔒 Projects integrating Lootboxes must purchase and stake AGA tokens for a set period, driving long-term demand and commitment. ✅ Drives adoption: Businesses must hold AGA to participate. ✅ Increases scarcity: Locked tokens reduce circulating supply. ✅ Boosts awareness: Each new project amplifies AGA’s market presence.