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Dutch auction (TGE)

Primary AGS issuance uses an automated Dutch auction on Sonic — ask price falls on a published schedule until the window ends or inventory sells out. The sale contract holds 10.5M AGS of the fixed 21M supply (full allocation).

Status

The auction contract is deployed on Sonic mainnet. The sale is not open until we announce and start the window on official channels — after that, the schedule runs automatically with no manual intervention.

Mechanics

  • Linear price decay over the sale window
  • Fill price = spot at your transaction confirmation (not uniform clearing)
  • Payment rails — native S, wS, USDC, USDT, EURC, WETH (per sale app config)

User flow

  1. Wait for official window announcement on community channels.
  2. Open tge.aegisprotocol.org.
  3. Verify the auction contract address matches our announcement.
  4. Connect wallet on Sonic; pay per UI quotes.
  5. Receive AGS per auction rules.

Post-sale

Liquidity seed and canonical swap routing activate per governance — not on an undisclosed admin schedule.

Copycat contracts

Scammers deploy fake “AGS” and fake auctions. Only trust addresses from our official channels in the announcement thread.

Static documentation — wallets connect to Sonic RPC directly.