Public Sale
The public sale will offer 15% of Aegis protocol supply, consisting of 10% AEG and 5% xAEG. Unsold tokens will be burned. Sale proceeds will be allocated as follows:
50% to pair with AEG from shares of Aegis protocol liquidity
50% to the treasury for development fund.
AEG and xAEG can be converted to each other with a 1:1 ratio. Conversion from AEG to xAEG does not require a lockup period. However, when converting from xAEG to AEG, the following lockup period rules apply:
Minimum 14-day lockup period with a 1:0.5 ratio (AEG:xAEG)
Maximum 84-day lockup period with a 1:1 ratio (AEG:xAEG)
The ratio will change linearly between 1:0.5 and 1:1 based on the length of the lockup period. Any unclaimed AEG will be burned.
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