Articles on: Tokenomics

What is AZY

AZY is a BEP-20 governance token in the AMAZY universe. AZY holders will be able to claim rewards if they stake their tokens on the platform.

Users of applications on the AMAZY platform can receive AZY tokens as special rewards.

The purpose of the AZY token is to distribute the rewards generated by the growth and development of the AMAZY platform among users, developers, and stackers of the AZY token. In the future, to decentralize the ownership and management of AMAZY.
AMAZY accumulates the platform income into a community treasury, with revenues such as:

5% of all AMAZY trading platform transactions.
Part of AZY's expenses in the app.
Other sources of income described in the section will be added in the future.


AZY does not in any way represent any interest, participation, right, title in the Project, the Distributor, their respective affiliates or any other company or enterprise. AZY does not grant token holders the right to any promises of fees, dividends, income, profits or investment returns, nor is it intended to create securities in Singapore or any other relevant jurisdiction. AZY may only be used on AMAZY, and holding it carries no rights, express or implied, other than the right to use AZY as a means to use and interact with AMAZY. The pricing of AZY on the secondary market is independent of the efforts of the AMAZY team, and there is no token functionality or scheme designed to control or manipulate secondary prices.




Updated on: 09/30/2022

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