About Auragi
Auragi Finance is an innovative automatic market maker that operates on Arbitrum, utilizing ve(3,3) mechanics inspired by Velodrome. The platform is designed to provide users with minimal slippage, competitive swapping fees, and substantial liquidity. Users benefit from swapping fees of just 0.01% for stable pairs and 0.05% for volatile pairs, making it an attractive option for traders.
What sets Auragi apart is its focus on community engagement and improvement over existing models. With over 20,000 holders, Auragi Finance fosters a vibrant community while delivering a superior experience compared to its predecessors. The team behind Auragi has a background in Web 2.0 and is dedicated to building robust solutions in the Web 3.0 space, specifically on Ethereum layer-2.
To ensure long-term growth and user satisfaction, Auragi Finance aims to continuously enhance its offerings. The team is currently refining its platform and has plans to expand its reach with a multichain version on ZkSync in the future.
The utility of the Auragi token ecosystem is anchored by two distinct tokens: $AGI and $veAGI. The $AGI token is an ERC-20 utility token held by over 20,000 users, while the $veAGI token serves as an ERC-721 governance token with more than 1,500 holders. Users can convert their $AGI tokens into $veAGI through a vesting process, enabling them to participate in governance decisions regarding liquidity and earn passive income from trading fees, bribes, and rebase rewards.
Overall, Auragi Finance stands out in the DeFi landscape by prioritizing user experience, community involvement, and a commitment to innovation.