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

https://www.geckoterminal.com/eth/pools/0x1dffea339637b90ad81b63292ced73613f270c37

https://www.coingecko.com/en/coins/amasa

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 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

* 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

2. Uniswap v2 LP staking

   • Started 3 November 2021

   • Duration: 90 days, unlocked

   • Rewards: 2,000,000 $AMAS distributed

   • Read more

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

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.