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.

Last updated