What is Agave? Agave, in a few words, is Aave on xDai. For more information, please refer to these articles:
What is the total supply of $AGVE? Total Supply: 100k Circulating Supply: 27,799k
Where can I find regular updates about the project? We are providing weekly updates. You can read them all here:
Where can I find a roadmap for Agave? Here is a simplified roadmap for Agave, subject to change
What about marketing? Marketing will begin as soon as Agave is deployed, as presented in the roadmap. Any indirect marketing before token launch will just occur through proposals, documentation, token listings.
Will there be a future airdrop? Although this is pure speculation since we are a DAO and this would require a community vote there appears to be some interest in an airdrop after deployment. The airdrop could focus on attracting TVL. This portion of the airdrop can be very specifically targeted to eliminate gaming. There may also be a marketing/hype component giving people ample time to so people may participate.
How do I follow Agave’s upcoming announcements? There are several ways to be in touch with the Agave’s community: Agave Discord: Agave Discord 1 1Hive Discord: 1Hive Discord 1Hive - Agave Channel Telegram: https://t.me/Agave1Hive 1 Twitter: https://twitter.com/Agave_lending Reddit: https://www.reddit.com/r/AGVE/ Medium: https://agavefinance.medium.com/
What is the cooldown period? The cooldown is how long you have to wait to withdraw a stake. It is a "safety module". The idea is that you can't immediately withdraw your staked tokens, since you are staking to protect from a shortfall event.
What happens when I click on "Activate Cooldown? When you activate the cooldown period you'll have to wait 10 days before unstaking your tokens. Then, you'll have 2 days to click "unstake" --> window closes
What happens if you don’t withdraw during 2 day window? If you don't withdraw within the 2 days, the window closes and you have to reactivate the cooldown period.
Do I still receive staking rewards during the cooldown period? Yes! You receive staking rewards until you don't unstake your tokens.
If I stake AGAVE, do I get a "stakedAGAVE" token? Yes, you get stkAGVE.
Will it be possible to vote with stkAGVE too? Currently, this is not possible, but everything is in place to allow this function once we upgrade the DAO. We will be having an "unstake party" to vote when that happens.
What happens in 6 months, does it automatically unstake? Maybe. You may still have to manually unstake at that time. We’ll communicate before then about what will happen when the period ends. There won't be any loss of rewards if you don't unstake right away, but you will still have the cooldown to contend with. Our plan is that this will transition to receiving a share of the protocol rewards when it launches, in which case you wouldn't ever want to unstake.