Aggregated Finance

Aggregated Finance

AGFI
$0.000000321463

Key Metrics

Price$0.000000321463
Real Volume (24H)$73.33
MarketcapN/A
Fully Diluted ValuationN/A
ATH$0.000000852917
ATH Date7/22/2022, 4:41:18 PM
ATL$0.000000279831
ATL Date12/2/2022, 5:23:40 AM
Circulating SupplyN/A
Total SupplyN/A
WebsiteN/A
WhitepaperN/A
Popularity RankN/A
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What is Aggregated Finance?

Aggregated Finance (AGFI) made waves on November 29, 2021, when it launched its token, offering holders access to community-powered investments. The project initially focused on yield farming and projects investing in yield farming-related opportunities. The collective investment vehicles were pioneers of the "DeFi 3.0" or "Farming-as-a-Service" (FaaS) segment of decentralized finance. FaaS provides token holders with passive rewards from the project's treasury, meaning that as the project's assets grow in value, holders receive rewards. AGFI DAO allows holders to vote on how to manage the treasury and its profits.

AGFI's initial strategy focused on maintaining a balanced treasury with 50% allocated to lower-risk yield farms and 50% allocated to higher-risk DaaS project investments. The project adopted this approach to control exposure to risk and preserve capital. The AGFI treasury will ultimately be managed by the community through the AGFI DAO, which will decide how the assets are selected and managed.

AGFI ensured a fair distribution of tokens by providing 40% of the total supply (400,000,000,000 tokens) as liquidity on a decentralized exchange (DEX) to establish the token price and trading capabilities. Before the launch on the DEX, no tokens were provided to any addresses, and no tokens can be minted by the contract after launch. The remaining 60% of the supply (600,000,000,000 tokens) was sent to the Ethereum null address, effectively "burning" the tokens, making them unusable. This was done to offset the inflation bug inherited from earlier reflection token contracts.

The token contract extends the ERC20 standard transfer function, and it inspects the sender address to determine if it is the Uniswap V2 router contract address. If it is, it will extract the defined fee rate from the transaction, sell it against the Uniswap V2 router contract, and split the resulting ETH evenly between a "treasury" wallet and a "marketing" wallet. If the sender is not the V2 router contract, it will extract the defined reflection rate from the transaction to make it available for all current token holders. The null address will receive any reflected tokens extracted during transfers, capturing excess tokens created by the inflation bug.

AGFI's fundamentals are strong, positioning it to become a powerhouse in the nascent DeFi 3.0 space. With a fair-launched token and DAO-controlled treasury, coupled with the ability to support delegated trading capabilities to trusted 3rd parties, AGFI is a unique, decentralized DeFi 3.0 protocol. In short, it reflects a core crypto fund investment functionality – all without a single, centrally located entity being involved.

AGFI is an innovative platform that's breaking down barriers to decentralized finance. With its community-driven approach to investments, AGFI provides holders with a unique opportunity to earn rewards from the project's treasury. As the project's assets grow in value, holders are rewarded, giving them a direct stake in AGFI's success. Additionally, the project's transparency and fair token distribution ensure that investors can trust the platform and its operations.

In conclusion, AGFI is a promising DeFi 3.0 project that's worth keeping an eye on. As the project continues to evolve and gain momentum, it has the potential to transform the decentralized finance landscape. Its commitment to transparency, community-driven governance, and innovative investment vehicles make it a standout project in a crowded field. With its unique features and strong fundamentals, AGFI is well-positioned to become a leading DeFi project in the years to come.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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