Algem Documentation
๐Ÿ‡ฌ๐Ÿ‡ง English
๐Ÿ‡ฌ๐Ÿ‡ง English
  • ๐Ÿ‘‹Introduction
  • ๐Ÿค–Algem Protocol
    • ๐ŸŒŠLiquid Farming
      • FAQ
      • Liquid Farming Guide
    • ๐Ÿš€Liquid dApp Staking V2.0 (new)
      • ๐Ÿช™xnASTR
    • ๐Ÿ’ฆLiquid dApp Staking V1.5 (old)
      • ASTR Liquid Staking
      • nASTR
      • Unstaking nASTR
      • Liquid staking FAQ
      • nASTR Farming
    • ๐Ÿช™ALGM token
      • Tokenomics
      • ALGM Utility
    • ๐Ÿ–ผ๏ธNFT Collections
    • โš–๏ธProtocol revenues
    • โš ๏ธRisk management
    • ๐Ÿ‘ฅJoin Algem Community
      • Ecosystem Links
      • Algyors Program
  • Get Started
    • ๐Ÿ’ผWallets & Networks
      • ๐ŸฆŠMetamask
      • ๐Ÿ”‘Ledger EVM
      • *๏ธPolkadot{.js}
    • ๐Ÿ”€Transfer assets to Astar Network EVM
      • ๐ŸฆFrom a CEX
      • ๐ŸŒ€Using Astar Network Portal
      • ๐ŸŒ‰Using Bridges
      • ๐Ÿ”Using a cross-chain swap
      • ๐Ÿ’ฑUsing a DEX
    • ๐Ÿš€How to use Algem's Liquid dApp Staking V2.0 (new)
    • ๐ŸฌHow to use Algem's Liquid dApp Staking V1.5 (old)
      • ๐Ÿ–ฅ๏ธDesktop version
      • ๐Ÿ“ฑMobile version
    • ๐ŸฆˆHow to use Algem's nASTR Farming
      • ๐Ÿ‘จโ€๐ŸŒพSirius Finance
      • ๐ŸŒฝKagla Finance
      • ๐Ÿฅ•Arthswap
      • ๐Ÿ‹SiO2 Finance
    • ๐Ÿ How to transfer nASTR tokens with Algem
  • ๐Ÿ”งDevelopment and Security
    • ๐ŸšถIntroduction
    • ๐Ÿ“ƒContracts information
    • ๐Ÿ—๏ธInternal practices
    • ๐Ÿ•ต๏ธAudit
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  1. Algem Protocol

ALGM token

ALGM is the native and governance token of the Algem protocol, and it has a central role in the reward and voting system of the platform. Following Astar Network's values, we decided not to make any of our governance tokens available for sale to the community. At Algem, we believe that it's best to distribute ALGM only to users and supporters of our project.

Therefore, the only way to receive governance tokens before being listed on exchanges is to lock ASTR or get an airdrop.

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Last updated 1 year ago

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