What is Aegis?
AGS is the ERC-20 governance token for Aegis, a decentralized finance (DeFi) ecosystem offering unsecured cross-chain borrowing and lending, multi-asset liquidity pool staking, and synthetic and derivatives trading and asset issuance. Utilizing credit information from trusted sources, Aegis allows users to leverage and move liquidity between fiat and cryptocurrency ecosystems using EVM enabled cross-chain lending services built on the Polkadot Substrate framework. AGS token holders earn voting rights for governance proposals within using a community-driven incentive mechanism.