What is Aurigami (PLY)?

Aurigami (PLY) is a decentralized, non-custodial liquidity protocol built on the Aurora network, which operates on the NEAR protocol. PLY is the native governance token of the Aurigami ecosystem, and it plays a crucial role in the platform's development and decision-making.

 

Key Features of Aurigami (PLY)

1. Governance Token:
   PLY allows its holders to participate in the governance of the Aurigami platform. Token holders can vote on proposals that shape the direction and development of the protocol.
2. Lending and Borrowing:
   Aurigami offers users the ability to lend, borrow, and earn interest on their digital assets. Depositors can earn passive income by providing liquidity, while borrowers can take loans in an over-collateralized manner, ensuring security for all participants.
3. Liquidity Mining:
   A portion of the PLY token supply is reserved for liquidity mining, where users who provide liquidity to the platform are rewarded. This helps incentivize active participation in the protocol.
4. Incentive Programs:
   Aurigami features programs like "The Papermill," which combine game theory and economic models to reward users for holding onto their PLY tokens for longer periods.

 

Tokenomics of PLY

• Total Supply: PLY has a fixed supply of 10 billion tokens.
• Allocation: Tokens are distributed for various purposes, including liquidity mining, team and advisor rewards, ecosystem development, and public sales.

 

Unique Features of Aurigami

1. Self-repaying Loans:
   Aurigami allows users to use yield-bearing assets as collateral. This feature can potentially offset loan interest through the yield generated from the collateral itself.
2. Undercollateralized Lending:
   Aurigami aims to increase capital efficiency by offering options for lending with less collateral than what is typically required in other DeFi platforms.
3. Ecosystem Integration:
   Aurigami is designed to be a central protocol within the Aurora ecosystem, offering a wide range of financial services, including lending, borrowing, and yield generation.

 

Conclusion

Aurigami (PLY) is an innovative DeFi protocol that enhances the financial ecosystem by providing decentralized lending, borrowing, and liquidity solutions. With its governance features, incentive programs, and unique lending options, Aurigami aims to make DeFi more accessible and efficient for all users.

What is unique about Aurigami (PLY)?

Aurigami (PLY) stands out for its innovative features like self-repaying loans, undercollateralized lending, and liquidity mining rewards, providing a decentralized finance (DeFi) platform with high capital efficiency and incentivizing long-term token holding through its unique incentive programs like "The Papermill."

Who are the founders of Aurigami (PLY)?

The specific founders of Aurigami (PLY) are anonymous, but the platform is designed to be a decentralized, non-custodial liquidity protocol on the Aurora network.

Where can I buy Aurigami (PLY)?

 Trisolaris

What are Aurigami (PLY) user reviews/opinions?

OGAudit is the first independent social audit platform for web3 projects and cryptocurrencies. Here you can find comprehensive crypto evaluations, ratings, unbiased and objective expert user reviews. There may be positive, negative, and neutral evaluations based on experts' experience and perspective with the product or the service about each cryptocurrency like Aurigami PLY. To access these ratings, evaluations, and comments, click here.

How to mine Aurigami (PLY)? How can I stake Aurigami (PLY)?

There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.

What is the circulating, max supply and market cap of Aurigami (PLY)?

This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of  Aurigami (PLY) is ($4,122,468,308), max supply of Aurigami  PLY is ($10,000,000,000) and the market cap of Aurigami  PLY is ($109,540). 

What is the Aurigami (PLY) price prediction?

Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!

What is the price of Aurigami (PLY)?

The current market price of Aurigami (PLY) is $0.00002658. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.

Is Aurigami (PLY) a good investment?

It is important to do comprehensive research before deciding whether Aurigami (PLY) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:

Is this type of digital asset considered legal in your country?

Does Coin (Aurigami PLY) solve a good problem or offer the best solution?

Do products and services work effectively, and solutions are scalable?

Does the team have a realistic roadmap and can catch up with it?

Does Aurigami (PLY) have reasonable and sustainable revenue income models?

Can the team market their products and services well?

How decentralized is the governance and how strong is the community?

Has it reached its fair market value yet?

Does the coin/token have enough trading pairs and liquidity?

As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether Aurigami (PLY) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.