AAG Ventures Announces Launch of $AAG Staking Program
After several months of intense testing and development, the $AAG Staking program is ready for launch!
- When? Monday 21st March at 8:00 AM UTC
- Where? https://staking.aag.ventures/
We are incredibly excited to release the full suite of staking products to our investors and can’t wait to see what you think.
Remember, the earlier you are to stake, the longer you’ll get to benefit from a high APR — so make sure you stake early to maximize your rewards!
Our staking program, will have both Single-Sided Staking and LP-Staking on the Harmony Blockchain. You will receive various benefits and rewards by staking your $1AAG. If you have not already bridged your $AAG over to $1AAG, please do so by following our instructions here before the launch.
The bridging process will give you 0.01 $ONE to perform basic transactions. If you need more $ONE to stake your $AAG, contact our Telegram admins for a FREE airdrop.
Note that $SLP on our Staking Website refers to SushiSwap LP Tokens (the LP tokens you recieve when adding liquidity to the AAG/ONE pool. They are NOT to be confused with Smooth Love Potions from Axie Infinity!
Genesis NFT Staking
Our Genesis NFT collection was airdropped to IDO participants to reward them for their early backing of AAG. Apart from being a symbol of dedication to AAG, they also have massive utility in the form of Capital Boosts. Put simply, if you staked $1000 worth of $1AAG, and have a Legendary Genesis NFT, you would be earning rewards on $1210 worth of $1AAG as the Legendary carries a 21% boost. Learn more about our Genesis NFTs here.
You can buy Genesis NFTs on NFTKey on the Harmony Blockchain.
Additional APR on Unclaimed Rewards
To save you the effort of manually compounding your rewards by claiming and staking, our staking program gives you an additional APR on your Unclaimed Rewards — as long as you do not claim your $1AAG, you can earn benefit from auto-compounding (your unclaimed rewards generate more rewards). For more information on how this works, and an explanation of our HODL-To-Earn mechanism, read our litepaper here.
SushiSwap LP Capital Boost
The last unique feature we have relates to a capital boost for the first 150 wallets that create LP tokens on our Harmony SushiSwap LP. If you are part of the first 150 to do so, your initial capital used to create the LP tokens will be boosted by the following schedule:
- 1st wallet: 15% boost
- 2nd wallet: 14.9% boost
- 3rd wallet: 14.8% boost
And so on until the 150th wallet gets a 0.1% boost.
Get the gist? Now get your $1AAG ready and we’ll see you on Monday 21st March at 8:00 AM UTC at https://staking.aag.ventures/. Be early to get more rewards!
Staking Audit
Our staking program has been audited by Hacken. See report here.
Learn About Our Staking Programs and Earn $AAG
Since our staking programs are much more sophisticated than an average one, we feel it’s a good idea for our community to spend some time understanding how they work.
To incentivize our community to learn more about our staking programs, we will award 10 $AAG tokens each to the first 100 people to correctly answer the questions about the programs. The subsequent 900 people will then receive five $AAG tokens each.
Want to give it a try? Take the quiz here.
