# AMAS Token Information ## What is the AMAS token and what is its utility? AMAS is a governance token. Holding the token will provide community governance opportunities including: * Initiating proposals * Voting on new developments such as (for example): * Integration with new web3 income applications * New DeFi protocol integrations * Implementation of new features that create value for the community. * Fee amounts and types * Rewards initiatives and other value-add features ## How can I acquire AMAS tokens? The AMAS token is currently listed on Uniswap v3 AMAS tokens were first offered to the public in September 2021 through: * A pre-IDO wrapped-AMAS NFT release on Genesis Shards' Genpad (September 23, 2021) * A dual IDO on Chainboost (September 28, 2021) and Trustpad (September 30, 2021). Please see [this article on Medium](https://amasa.medium.com/how-to-participate-in-amasas-dual-ido-and-pre-ido-nft-launch-39e9066ffa2c) for more (pre-IDO) information about the pre-IDO and dual IDO. ## AMAS Tokenomics * Total AMAS supply: 200,000,000 AMAS * Initial circulating supply: 8.02% \[1] \[1] This figure was updated in late September 2021 from a previous version that did not include liquidity provision at token listing. ### Allocation * Private offering: 41,625,000 AMAS * Seed vs Strategic allocation: Seed 26.4% / Strategic 73.6% * Seed: * Token price: $0.025 / AMAS * 12.5% release on listing, 2 month cliff then 3% per month * Strategic: * Token price: $0.04 / AMAS * 15% release on listing, 2 month cliff then 3% per month * Public offering: 3,750,000 AMAS (1.88% of total) * Token price: $0.08 / AMAS * Vesting: 100% release on listing * Platform rewards and incentives: 70,000,000 AMAS (35% of total) * Liquidity / Strategic Fund: 10,000,000 AMAS (5% of total) * Growth Fund: 24,000,000 AMAS (12% of total) * Treasury: 30,000,000 AMAS (15% of total) * Platform builders and team: 20,625,000 AMAS (10.31% of total) * 0% release on listing, 2 month cliff then 3.45% per month. ### Allocation and release schedule ![](https://1977014524-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MizTi8sOUBD2-LN0_Ru%2F-MlP58xRPt_dXAlXRo0O%2F-MlP5en9dWWOE-xfv2aj%2FAmasa%20allocation%20%26%20release%20schedule%20071021.png?alt=media\&token=55a2f86b-5e59-4275-87a9-788718218cfe) \* Platform rewards / incentives will be influenced by platform adoption and community governance once the Amasa platform is launched, so actual release schedule for that allocation may vary from the above. ## Token Staking Amasa has held three token staking events to date: 1. **Single asset staking round 1** * Started 3 November 2021 * Duration: 60 days, locked * Rewards: 120% APY * Pool size: Unlimited * [Read more](https://amasa.medium.com/amasa-to-launch-new-amas-staking-pools-92c86c965b35) 2. **Uniswap v2 LP staking** * Started 3 November 2021 * Duration: 90 days, unlocked * Rewards: 2,000,000 $AMAS distributed * [Read more](https://amasa.medium.com/amasa-to-launch-new-amas-staking-pools-92c86c965b35) 3. **Single asset staking round 2** * Started 7 February 2022 * Duration: 60 days, locked * Rewards: 100% APY * Pool size: 1,500,000 $AMAS * [Read more](https://amasa.medium.com/amasa-to-launch-second-round-of-amas-single-asset-staking-pool-f86bd97be597) The Amasa project will most likely offer more $AMAS staking opportunities in the future. Please keep an eye on project social channels and announcements for news.