AMU
Last updated
Last updated
AMU is the Amulet protocol's governance token. It enables active participation in the protocol's veAMU governance and incentives distribution, empowering holders to vote and implement changes, and channel incentives to align liquidity and fees with high quality yield opportunities. Ultimately, veAMU facilitates community-driven governance, ensuring each stakeholder has a direct role in shaping Amulet's ecosystem growth.
AMU token was created on January 11, 2024 14:03:33 +UTC, click for more details.
Optimism
Ethereum
Polygon zkEVM
Solana
The initial total supply is set to 1,000,000,000 $AMU. Around 60% of the total supply is reserved for business incentives and ecosystem growth, while the balance is for fundraising, liquidity bootstrapping, and team incentives. The distribution details are set out below:
Seed Round
12%
10% unlock upon token generation event (TGE), 6-month cliff then linear vesting per block over 3 years.
Private Round
8%
10% unlock upon token generation event (TGE), 6-month cliff then linear vesting per block over 3 years.
Team & Advisors
15%
5% unlock upon TGE, 6-month cliff then linear vesting per block over 3 years.
Exchange Liquidity Provision
5%
Depending on the exchange listing schedules.
DAO Reserves
15%
Reserved for liquidity provision on exchange listing, strategic partnerships, marketing and long-term development of the platform.
Protocol Risk Fund
20%
Locked up to bootstrap the risk vaults.
Business and Community Incentives
25%
Used for business development incentives such as liquidity mining, loyalty programs, staking rewards, community airdrops, etc.
You can get AMU on any of the 4 exchanges that we are listed on
$AMU does not in any way represent any shareholding, ownership, participation, right, title, or interest in the Company, the Distributor, their respective affiliates, or any other company, enterprise or undertaking, nor will $AMU entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in the British Virgin Islands, Singapore or any relevant jurisdiction. $AMU may only be utilised on Amulet, and ownership of the same carries no rights, express or implied, other than the right to use $AMU as a means to enable usage of and interaction within Amulet. The secondary market pricing of $AMU is not dependent on the effort of the Amulet team, and there is no token functionality or scheme designed to control or manipulate such secondary pricing. $AMU primarily gives $AMU token holders the right to vote and participate through governance in the protocol's development and other initiatives such as treasury utilization and rewards distribution, new product features, treasury allocations, determining future protocol objectives, etc. For the avoidance of doubt, the community does not have legal control over any matters relating to the Company (or any of its affiliates) or any of its assets, or any of its affiliated companies (including without limitation the selection of governing board of the relevant company, over corporate matters, development direction, specific projects, or deployment of that company's assets, which shall be the final responsibility of the governing board of the relevant company).
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