Athena Finance
  • Introduction
  • Getting Started
    • 🌐Benefits of Athena
    • ⚙️Mechanics
      • Athena for Hummus Exchange Depositors
      • Athena for HUM Holders
    • 🪙Tokenomics
      • Understanding xHUM
      • Understanding ATH
      • Token Distribution
    • 🔗Quick Links
  • Basics
    • Hummus Exchange
      • Converting and Staking HUM
      • Depositing Your Hummus Stablecoins
    • Staking Your LP Tokens
    • Locking ATH
    • Votes & Bribes
    • Claiming Rewards
  • Athena Finance Protocol
    • Platform Rewards
    • Performance Fees
    • Smart Converter
    • Autocompounding Pools
      • Switching Pool Types
      • The Compound Page
      • Athena's Core Pools
      • Autocompounding Fees
    • Risk Prevention
      • Audit
      • Multi-Sig
    • Contracts
  • References
    • Glossary
  • Learn & Connect
    • Website
    • Discord
    • Twitter
    • Telegram
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On this page
  • Understanding ATH
  • Obtaining ATH tokens
  1. Getting Started
  2. Tokenomics

Understanding ATH

Understanding ATH

ATH is the native token for Athena Finance. It has three primary use cases:

  1. ATH Lockers receive a portion of Athena's protocol fees (~30% of all fees). Users can “lock” their ATH for 4 weeks at minimum. By locking ATH, users get a share of protocol fees and gauge voting rights for Hummus, based on Athena’s accumulated veHUM balance. Voting earns users even more rewards from bribes!

  2. ATH tokenholders can supply ATH-METIS LP to receive incentivized emissions

  3. Eventually, Athena Finance will establish decentralized governance, where ATH emission weighting and bonus emissions will be determined by the community

Obtaining ATH tokens

  • ATH can be purchased on Hermes

  • ATH is rewarded to xHUM stakers

  • ATH is distributed to xHUM-HUM and ATH-METIS liquidity providers that stake their LP tokens on the Athena platform

  • ATH will be airdropped to LVTX holders on a monthly basis

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Last updated 1 year ago

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