Agora's flagship product, AUSD, is a fully reserved 1:1 digital dollar redeemable for US dollars. Unlike traditional 1:1 stablecoins such as USDC or USDT, Agora’s open partner model enables exchanges, custodians, dApps, and other ecosystem collaborators to actively drive AUSD adoption and participate in its growth. These partner enterprises serve as the true engines behind the utility and liquidity of the digital dollar by developing applications, facilitating transactions, enabling staking, and boosting user adoption.
Event Timeline
- Announcement Period: December 9, 2024, 15:00 – December 12, 2024, 14:59 (UTC+8)
- Staking Period: December 12, 2024, 15:00 – December 17, 2024, 15:00 (UTC+8)
- Listing Time: December 17, 2024, 18:00 (UTC+8)
Launchpool Details
The AUSD Launchpool operates under a personal deposit cap model. Below are the reward pool specifics:
| Reward Pool Type | Personal Deposit Cap | Reward Pool Size |
|---|---|---|
| USDT Pool | 10,000 USDT | 52,500 AUSD |
| BTC Pool | 0.1 BTC | 67,500 AUSD |
| USDT Pool (New Users) | 2,000 USDT | 30,000 AUSD |
- The new user pool is exclusively for users registered with BingX after December 9, 2024, 15:00 (UTC+8). Eligible participants can join the special USDT pool and also qualify for a contract trial bonus.
- For the best experience, ensure your app is updated to version 4.31.0 or later. Web users are unaffected.
Token Information
- Token Name: AUSD
- Project Type: Stablecoin
Contract Addresses:
- ERC20: Available on Etherscan
- AVAX C-Chain: Available on Avascan
- Official Website: Agora Finance
- Official X Account: Follow AUSD on X
How the Launchpool Works
The BingX Launchpool consists of four core stages: staking assets, reward calculation, reward distribution, and spot listing.
Staking Assets
- Log in to your BingX account and ensure you have completed Advanced Identity Verification. Users from restricted regions cannot participate.
During the staking window (December 12, 15:00 – December 17, 15:00 UTC+8), deposit supported assets to participate.
- You can withdraw staked assets from the Launchpool at any time.
Reward Calculation
- This Launchpool uses a "personal deposit cap" model. Each pool type has specific deposit limits, so review the details before participating.
The system takes three hourly snapshots of each user’s staked assets to determine the average amount deposited during that hour. Rewards are allocated based on the following formula:
- Hourly Reward = (User’s Avg. Tokens Staked / Platform’s Avg. Tokens Staked) × (Daily Reward Pool / 24)
Reward Distribution
- Rewards are distributed hourly. The system calculates each user’s earnings based on the daily reward pool to ensure fairness.
- If you stake assets at hour T, rewards are distributed at hour T+1. For example, if you stake at 10:00, rewards are issued at 11:00.
Spot Listing
- AUSD/USDT spot trading begins on December 17, 2024, at 18:00 (UTC+8).
After the Launchpool concludes, your staked assets are automatically returned to your Funding Account.
- Note: Refunds may experience slight delays due to participant volume.
👉 Explore staking opportunities and rewards
Special New User Bonus
A limited-time offer is available for the first 500 new users:
- Event Period: December 9, 15:00 – December 17, 15:00 (UTC+8)
How to Qualify:
- Participate in the new user USDT pool during the AUSD Launchpool.
- Deposit ≥ 100 USDT and maintain the stake for 72 consecutive hours (3 days).
- Reward: 10 USDT contract trial bonus, issued on a first-come, first-served basis.
The trial bonus is distributed as a voucher. Once redeemed, it is transferred to your contract account as real equity. It can be used alongside your capital as contract margin (covers 50% of position value), offsets trading losses, but does not cover fees.
Important Notes
- Strictly no multi-accounting or fraudulent behavior. Violations result in disqualification.
- The contract trial bonus will be distributed to "My Vouchers" within 7 business days after the Launchpool ends.
- BingX reserves the right of final interpretation of the event.
Frequently Asked Questions
What is AUSD?
AUSD is a fully reserved digital dollar backed 1:1 by US dollars. It is designed for stability, transparency, and seamless redemption.
How is the AUSD Launchpool different from other staking events?
This Launchpool uses a personal deposit cap model, limiting how much each user can stake per pool. It also includes exclusive rewards for new users.
Who can participate in the new user pool?
Only users who registered on BingX after December 9, 2024, at 15:00 (UTC+8) are eligible for the new user USDT pool and contract bonus.
Can I withdraw my staked assets early?
Yes, you can withdraw staked assets at any time during the staking period, but this may affect your eligibility for rewards or bonuses.
How are rewards calculated?
The system uses hourly snapshots to calculate each user’s average staked amount relative to the platform’s total. Rewards are proportional and distributed hourly.
What happens after the Launchpool ends?
Your staked assets are returned to your Funding Account, and AUSD spot trading begins on December 17 at 18:00 (UTC+8).
Risk Disclaimer
Cryptocurrency investments are highly volatile and involve substantial risk, including market, project, technical, and regulatory risks. You may lose part or all of your invested capital. Assess your financial situation, risk tolerance, and investment goals carefully. Consider seeking advice from an independent financial expert. Past performance does not guarantee future results.
BingX emphasizes compliance and adheres to regulatory requirements across jurisdictions. Users must comply with local laws and regulations. BingX reserves the right to amend, modify, or cancel this event without prior notice.
This content is for informational purposes only and is not intended as investment advice. Always conduct your own research and exercise caution when investing in digital assets.