New Crypto "AGO" Decentralized Banking and DeFi Solution

In recent years, the financial sector has been undergoing a significant transformation. Traditional banking systems, which have long held sway over global finances, are being increasingly scrutinized for their lack of transparency and efficiency. This discontent has given rise to the decentralized finance (DeFi) movement, which seeks to revolutionize traditional financial systems by leveraging blockchain technology to eliminate intermediaries and create a more transparent, secure, and equitable financial ecosystem.

What is AGO?

AGO is a decentralized finance (DeFi) platform that aims to modernize traditional finance by bringing together institutional and cryptocurrency services within a single application. Founded by a team with over 15 years of combined experience in banking, investment funds, and wealth management, AGO seeks to democratize finance and provide users with greater control over their financial assets.

Our Objectives

At AGO, our primary objectives are:

To create a DeFi platform that belongs to its users: We believe that financial services should be accessible to everyone, and that users should have full control over their financial assets.

Utilize blockchain technology to eliminate intermediaries: By leveraging blockchain technology, we aim to create a financial ecosystem that is transparent, secure, and free from intermediaries.

Obtain total transparency of financial transactions with maximum security: Security is our top priority at AGO. All our smart contracts undergo rigorous audits by blockchain security experts to ensure the protection of users' assets.

Leverage DeFi to create an ecosystem that places users at the center of everything we do: At AGO, users are considered partners, and their input is essential to the development of our platform.

Redistribute revenues between Ago and our users fairly and equitably: We believe in a fair and equitable distribution of revenues, and 80% of the profits generated by the platform are distributed to AGO token holders.

The AGO Ecosystem

1. The Team: The AGO team consists of passionate individuals with expertise in blockchain, banking, finance, insurance, programming, tax, and asset management. With over 15 years of combined experience in leading financial institutions, our team is dedicated to creating innovative solutions that empower users and revolutionize finance.

2. Security: Security is a top priority at AGO. All our smart contracts undergo rigorous audits by blockchain security experts to ensure the protection of users' assets.

3. Services: AGO offers a range of diversified services, including a 3.0 trading platform, a social trading system, and a decentralized exchange (DEX). Additionally, our on-ramp/off-ramp system allows easy conversion between cryptocurrencies and fiat currencies, offering users maximum flexibility when transacting.

4. Community: Governance and Rewards: The AGO community is at the heart of our ecosystem. Users are considered partners, and through the AGO governance token, they have a direct say in development decisions. 80% of the profits generated by the platform are distributed to AGO token holders, reinforcing our commitment to mutually beneficial growth.

5. Affiliate System: Users can grow their AGO network by inviting new users through their unique affiliate link. Whenever an affiliated user performs a transaction on the Ago platform that generates a profit, the user will receive a commission equivalent to 51% of those profits.

6. Non-Custodial Platform: AGO offers a 3.0 ecosystem, which combines traditional financial solutions and the functionalities of blockchain technology within a single application. As a non-custodial platform, Ago does not hold users' funds but simply opens the door to a range of services, ensuring the security of their assets.

7. Roadmap: AGO's future is outlined in an ambitious roadmap that focuses on accessibility and innovation. We plan to launch an Ago VISA card, a dedicated crypto wallet, iOS and Android apps, a gamified rewards program, and a launchpad for new DeFi projects. These initiatives demonstrate our commitment to a more inclusive and innovative financial future.

The World of Tomorrow

For several years, the traditional banking system has been the target of numerous criticisms regarding its efficiency and transparency. Centralized institutions, holding the monopoly of wealth, have led to many financial crises throughout history, eroding consumer confidence. According to the Booth/Kellogg Financial Trust score, confidence in the financial sector has decreased by more than 33% since 2019.

The emergence of digital assets and the growing popularity of DeFi have paved the way for the creation of crypto-banks, which allow clients to pay in both fiat currency and cryptocurrencies while managing their crypto portfolio via the bank's exchange platform. However, many of these platforms are centralized and pose significant risks to the ecosystem.

In response to these challenges, Ago was born. A decentralized platform with a user-friendly interface that allows users to easily swap, trade, and use their crypto in everyday life. AGO token holders are the protocol owners and have a direct say in the platform's development.

The AGO Token

The AGO token is at the heart of the Ago ecosystem. By acquiring the AGO token, users can participate in the creation of a DeFi platform managed by its users while benefiting from the many advantages the token offers.

Utility:

1. Reduced Fees: AGO token holders may benefit from reduced fees based on the amount of AGO owned. A portion of the fees generated by the platform is used to purchase AGO from the market and is then redistributed to users in the form of AGO cashback, which can be used for all Ago services.

2. Governance: AGO token holders have the right to vote on matters concerning the Ago platform. Key development decisions must be made by the Ago community.

3. Referral: Users are incentivized to grow the Ago ecosystem through our referral program, which allows users to earn a referral commission on their affiliate's transactions.

A Deflationary Token:

The AGO token operates on a deflationary model designed to foster scarcity and value appreciation over time. This strategy is implemented through a series of mechanisms aimed at reducing the token supply and enhancing its value proposition.

One of the primary mechanisms employed is the regular burning of a portion of the protocol's revenues by the AGO Foundation. Through transparent and periodic announcements, the foundation declares the burning of a portion of the fees generated by the protocol. This process effectively removes tokens from circulation, reducing the overall supply and enhancing scarcity.

urthermore, to incentivize holding and discourage short-term speculation, a decreasing sales tax is applied to token transactions over time. By gradually reducing the circulating supply through these mechanisms, the deflationary pressure on the token is strengthened, fostering a sustainable appreciation in value over time.

NFTs:

AGO NFTs are used as caps for token distribution. Public investors receive these NFTs and can stake them to receive the associated amount of AGOs following a vesting schedule.

Tokenomics / ICO:

Our initial distribution corresponds with the level of decentralization we're aiming for. Public and private phase: 300,000,000 AGO. Tokens allocated to reserves, team and partners, marketing, and liquidity.

Price Sustainability:

To ensure token price sustainability, two mechanisms have been put in place: lock-up and burning. Lock-up refers to a minimum period during which the investor cannot withdraw the token, and burning refers to the destruction of tokens to limit the available number of tokens on the market.

The AGO Foundation: Steering the Ecosystem

The AGO Foundation plays a pivotal role in steering the platform and upholding its principles of decentralization and community governance. Comprised of core team members, the foundation manages resource allocation, executes DAO decisions, and fosters community engagement.

Conclusion 

AGO represents the future of finance, where users have ownership, transparency, and security in their financial transactions. With its user-centric approach, innovative services, and commitment to fair and equitable growth, AGO is set to redefine the financial landscape. Join AGO today and become a player in the financial revolution.