Agave is the DeFi lending protocol on xDai

Agave rewards depositors with passive income and lets them use their deposits as collateral to borrow and lend digital assets

Agave rewards depositors with passive income and lets them use their deposits as collateral to borrow and lend digital assets.

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Key Features

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Community driven

Agave will always be owned by the DAO members. Holding $AGVE tokens gives you voting power to drive strategy and direction of the platform.
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xDai Native

Build on xDai chain - Ethereum Layer 2 (EVM sidechain) to offer scalable, secure, inexpensive and almost instant blockchain transactions.
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Global

Our goal is to provide access to money markets directly on chain. Lend and borrow crypto assets at any time anywhere in the world.

Tokenomics

Token Distribution

$AGVE Total supply: 100 000

Treasury (72%) - The Agave treasury is for the community to decide its distribution. Existing token holders can vote on proposals through the DAO. Examples of use cases are incentivizing liquidity, development, and marketing.

Liquidity Mining Pool (10%) - The liquidity on Honeyswap. Fees generated from the liquidity pool act to draw more tokens into the pool, which reduces the overall supply of Agave in circulation.

Community (8.4%) - Distribution to the 1Hive community in a fair launch based on the amount of credibility of each contributor.

1Hive Staking (5%) - Staking into the security mechanism of the platform that will protect it in the event of a shortfall. Additionally, it will provide a revenue stream as the fees generated from borrowers gets split between the stakers on the platform, and the treasury.

Seeds (4.6%) - A very small amount of tokens will be distributed to the developers (seeds) of Agave, which are slowly released over a 1 year period.

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Partners and Integrations

1hive xDAI