Get Ready for AAG Staking 2.0, Program Packed with Community Benefits & 40m AAG Token Reward Pool

Saakuru Labs
5 min readMar 15, 2023

Following positive feedback from the community on AAG staking program 1.0 — we are excited to share with the community that AAG Staking 2.0 will launch later this week. Simply by holding and/or staking AAG tokens our community will receive wide variety of benefits within AAG product ecosystem and from its partners.

Need support to transition from AAG Staking 1.0 to 2.0? Read our step-by-step guide here.

Launch Details

  • Date: 20th March
  • Time: 00:00 (UTC+0)

Staking Programs and Prize Pool

AAG Staking 2.0 will offer 40m AAG tokens from the Community & Ecosystem bucket and the same as its predecessor will consist of 2 programs — Single-Sided Staking and Sushi Swap Liquidity Pool (LP) Staking.

Single-Sided Staking

Single-sided staking will be available in phase one of the staking program. This is a safer route for many people, since there is no risk of impermanent loss. You will be able to stake AAG tokens without having to pair them with another asset such as Ethereum.

Sushi Swap Liquidity Pool (LP) Staking

To incentivize our community members to help provide liquidity for our Sushi Swap LP, we will also support LP staking. The mechanic is as follow:

  1. Add $AAG and ONE to our liquidity pool on Sushiswap
  2. Use the LP token received from step one and stake it on AAG staking website

The number of token rewards you will receive is based on amount added to the LP.

How will the program work?

After evaluating the cons and pros of the compounded growth mechanism we decided to approach a more linear model to improve the economical formula and motivate people to join the program in the later stages, not only in the beginning.

Rewards will be calculated based on the formula:

UserEarned = (t * R * C_0 * L * N) / ∑(C_0 * L * N)

  • t = duration of rewards program in seconds
  • R = rewards rate per second
  • C_0 = user’s base capital
  • L = lockup bonus multiplier
  • N = NFT bonus multiplier

Lockup Bonus

The lockup time bonus is a bonus that is awarded to users based on the length of time they lock up their tokens. The bonus is designed to incentivize users to hold their funds for a longer period of time, which helps to promote the stability and growth of the AAG ecosystem.

The lockup time bonus is calculated based on a multiplier system. Users who lock up their funds for only two weeks do not receive any bonus, while users who lock up their funds for the maximum period of 26 weeks will receive a 1.5x multiplier of their staked capital.

NFT Bonus

The NFT bonus is calculated based on the rarity tier of the NFT. There are five tiers in total, each with a different bonus amount. Here are the tiers and their corresponding bonus amounts:

  1. Legendary: 21% bonus
  2. Epic: 13% bonus
  3. Rare: 8% bonus
  4. Uncommon: 5% bonus
  5. Common: 3% bonus

Users will be able to stake up to 5 NFTs at once and boost capital up to 105%! Learn more about Genesis NFTs in this publication.

Hold or Stake AAG with MetaOne® and Receive Benefits

By holding or staking AAG with MetaOne® wallet, your tokens will receive 1.2x multiplier in MetaOne® user tiering system which can help you climb to higher tier! To put into perspective, 1 AAG = 1 point and with 1.2x multiplier 45k of your AAG tokens will give you 54k points. See image below for reference.If you wonder why should you care — higher the tier, higher the rewards and benefits the user receives!*Please note, your tokens will not actually increase by 20%.

Download MetaOne® Today!

Set up your MetaOne® account using our How to MetaOne® “Getting Started” video.

Holding AAG? Smart move.

If you have been following AAG’s progress you know that we have been working tirelessly to develop and launch products enabling people and businesses to transition from Web2 to Web3. Each and every product in AAG ecosystem will integrate $AAG token for a range of utilities and as $AAG holder you will receive benefits from AAG as well as its partners.

About AAG

AAG is a web3 infrastructure company focused on providing software that helps simplify interactions with blockchain applications and the Metaverse for both mainstream users and traditional companies. AAG provides a secure and easy-to-use MetaOne® wallet, as well as infrastructure software, such as a cross-chain search engine and Saakuru blockchain for enterprise companies. With the belief that education is the key to unlock the potential of web3, AAG is also exploring the concept of Learn-and-Earn with the mission of enabling economic opportunities worldwide via the Metaverse economy. AAG aims to bring 1 billion people into the Metaverse economy by 2030.

Thinking of purchasing $AAG token?You can find us on:

Uniswap | Swap AAG with ETH

Sushi | Swap AAG with ONE

Gate.io | Trade AAG

MexC | Trade AAG

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Saakuru Labs

Consumer-Centric L2 Protocol with Zero Transaction Fees. Enhanced with Saakuru Developer Suite that enables embedding complex digital products to Web3 in 1 day.