Protocol Owned Liquidity
When users make trades on AGS Finance, there is a 0.17% trading fee ( lowest on all of Astar ). A portion of the fees goes to buying back $AGS and forming LP in the form of AGS/ASTR.
0.08% - Returned to liquidity pools in the form of a fee reward for liquidity providers.
0.06% - Forming of AGS/ASTR LP ( Protocol Owned Liquidity )
0.03% - MM Finance Treasury AGS Finance is the first AMM/DEX on Astar Network that will be introducing POL to our system.
By allocating a big portion of our fees to buying back MMF and forming LPs, we will be able to ensure that as the platform scales in trading volume, it will help create deflationary pressure on MMF, resulting in a price increase over time.
On top of that, by forming LPs, we are ensuring that there will always be liquidity for MMF tokens. Even during bear market, there will be enough liquidity to support any sell offs.
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