Getting Started
The information contained below is a bit more about Augury Finance (and DeFi in general), including how and more importantly, why the platform works.
What is a swap and why do people swap their tokens?
A swap is an action of converting one token to another. If you have one token and you want a different token, you would use a swap to make the exchange. As an example, you might want to convert MATIC tokens into OMEN (or visa-versa). To do this, you need to "swap" your tokens. Augury Finance offers a way for you to take one token and swap it into another through our Swap page. You can also see the list of tokens that we support on our Swap page.
What is a liquidity pool and why offer them?
A liquidity pool (often abbreviated as an 'LP') is a place where a person who holds crypto (you) can deposit their token pair in exchange for a share of the liquidity pool. For example, if you have OMEN and USDC you can make a pair and receive an OMEN-USDC LP token. These tokens can be placed in our liquidity pools and will reward you with more OMEN automatically, 24 hours per day, 7 days per week.
What is the purpose of the OMEN token?
OMEN tokens provide Weekly Dividends through our Triple Yield Advantage. Each token is eligible to be staked in our pools and portals and will also be used in the long-term governance of our project.
Why should I care about governance?
Governance is important because it gives you a vote and a voice in important decisions that can happen on a platform. Augury Finance will be governed by the community and important decisions will be made with the OMEN stakeholders in mind.
How do I get OMEN tokens?
OMEN tokens can be acquired in the following ways:
By purchasing them on our Swap page
By placing your tokens in our Liquidity Pools or in our Portals
By winning additional tokens through our price prediction game
You can buy Omen's with usdc by clicking here.
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