Aegis Token Distribution Transparency Report

Published in

aegisdefi-blog

2 min readSep 9, 2020

Dear Aegis Community,

Aegis DeFi has completed $AGS’s first releases to investors of Seed, Private and Public rounds. Also, team unlocked certain amounts of AGS tokens for the following purposes:

1: Team unlocked certain amounts of AGS tokens from the Foundation Reserve to pay for exchange listing, liquidity improvement on Uniswap and centralized exchanges, legal and compliances, etc;

2: Team unlocked certain amounts of AGS tokens from Marketing to pay for marketing promotions, community growth events, joint airdrops with exchanges, etc.

Here is the original distribution table👇

As a community-driven DeFi project, in order to deliver our promise of being transparent to the community, we publish the details of updated token distribution hereunder:

AGS Token Tracker: https://tinyurl.com/y3ovn98e

1. Yield Farming - 55.00%

Number of locked tokens: 16,500,000.00

Address: 0xc4f786f6de86f741957e4d176b767a396d25b258

2. Foundation Reserve - 19%

Number of locked tokens: 5,700,000.00

Address: 0x0b5186faf0e80e6512927b21210060aee66a8e18

3. Marketing - 5.57%

Number of locked tokens: 1,669,615.40

Address: 0xa202f3d59db5c9ed9caa6cbba811f369d2807e2e

4. Team - 5.00%

Number of locked tokens: 1,500,000.00

Address: 0xa20b2e3e7ccea48af7696a893c3227e5a852d3d6

5. Advisor - 5.00%

Number of locked tokens: 1,500,000.00

Address: 0x3dc25634da3eb4366ee851861e5371e26ed8a62f

6. Tokensale Locked — 5.00%

Number of locked tokens: 1,500,000.00

Address: 0x182b850461b6545ad77093b13fa8b276e94184f5

About Aegis

As a DeFi 2.0 protocol, Aegis features more diversified lending services besides over-collateralized lending, such as micro-lending and Unsecured Borrowing. Aegis uses a proprietary AI-powered credit scoring algorithm to assess users’ creditworthiness based on the data provided, and assign an “Aegis Score” to each user, which is similar to traditional risk profile assessments. The Aegis Score determines the maximum credit that a user is allowed to draw down from the liquidity pool, making DeFi services accessible for basically all users. Besides, Aegis also empowers the tokenization of assets and derivatives such as CDS etc.