Governance Basics

$AEG: The Heart of the Aegis Ecosystem

$AEG is the ERC-20 governance token powering the Aegis ecosystem. By holding $AEG, community members can actively participate in the decentralized governance of Aegis, including oversight of core products like the YUSD stablecoin protocol, community initiatives, and resource allocation.

---

Key Responsibilities and Rights of $AEG Holders

1. Proposal Submission and Voting

   • $AEG holders can submit formal Aegis Proposals for protocol upgrades, budget allocations, and strategic initiatives.

   • Each proposal undergoes a transparent governance process, with all token holders given the opportunity to vote.

2. Treasury Management

   • The Aegis DAO Treasury Wallet holds reserves and development funds.

   • Any expenditure must be approved via governance voting, ensuring that the community maintains control over financial decisions.

3. Shaping the Aegis Ecosystem

   • Token holders have a direct say in the governance of YUSD—a bitcoin-backed, yield-generating stablecoin at the core of Aegis.

   • Proposals can include mechanism adjustments, yield strategy refinements, integrations with new platforms and protocols, or even the introduction of new products to expand the ecosystem.

4. Voting Powers

   • Governance in AegisDAO is token-weighted: the more $AEG a member holds, the greater their voting influence.

   • This ensures proportional representation for stakeholders while preserving a voice for all token holders, regardless of holdings.

5. Delegation

   • For those who cannot engage with every proposal, $AEG token holders may delegate their voting power to trusted individuals or community experts.

   • Delegation keeps the governance process efficient and responsive while encouraging broader participation.

6. Alignment with the DAO Constitution

   • All governance decisions follow guidelines laid out in the Aegis DAO Constitution, which details which matters require a vote and how those votes are conducted.

   • This structure ensures decentralized, transparent decision-making that aligns with the collective will of token holders.

---

Token Supply and Future Minting

• Initial Supply: $AEG has an initial supply of 1 billion tokens.

• No Planned Inflation: Currently, there are no plans to introduce inflation for $AEG.

• DAO-Controlled Minting: Any decision to mint new tokens must be approved by the Aegis DAO through on-chain proposals, safeguarding the community-driven nature of supply changes.

---

By actively participating in governance—whether through direct voting or delegation—$AEG holders shape the direction and growth of the entire Aegis ecosystem, ensuring that YUSD and related initiatives remain transparent, robust, and community-centric.