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 v2 at the following address: https://v2.info.uniswap.org/token/0x65a8fbA02F641a13Bb7B01d5E1129b0521004f52
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:
Single asset staking round 1
Started 3 November 2021
Duration: 60 days, locked
Rewards: 120% APY
Pool size: Unlimited
Uniswap v2 LP staking
Started 3 November 2021
Duration: 90 days, unlocked
Rewards: 2,000,000 $AMAS distributed
Single asset staking round 2
Started 7 February 2022
Duration: 60 days, locked
Rewards: 100% APY
Pool size: 1,500,000 $AMAS
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.
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