Agora Token Economic Modeling
Last updated
Last updated
AGORA tokens are the native utility tokens and ecological governance tokens for Agora Network, protocols and Agora social applications, the ecological incentive rights and interests depository, the core assets, the medium of exchange, and play an interconnecting role in the whole Web3 ecosystem and application scenarios, using AGORA tokens to unlock ecological application functions, including Gas fees, consumption, bounty AGORA tokens can be used to unlock ecological application functions, including Gas fees, spending, bounties, games, social and meta universes, as well as the NFT market and DeFi circulation media and collateral.
Total AGORA Mintage: 8 billion tokens
Underlying protocol network: Optimism
Mining output cycle: 80 years mining cycle
Circulation volume in the first year: 80 million coins
Genesis nodes: 80
Mining output mechanism: Mining output through NFT engine pledges
Reduction Mechanism: Every 100 days in integral multiples