💡How does Agio work

Agio is a multi-chain hedging protocol focused on Arbitrum that allows users to avoid losses in the crypto assets they have deposited in our platform by intrinsically linking the "AGIO" token to the hedging mechanism.

First of all, users deposit their assets that can be backed by our platform and receive an NFT representing their cover. This means that their losses in terms of usd are completely covered as long as they have the NFT in possession. In exchange, a daily fee is deducted from their deposits (from the nft) continuously to meet the % asked by the platform for the fee.

If the price of the asset deposited by the user goes down (in USD price) since his NFT was created, our treasury transfers $AGIO to the NFT so it covers any loss that occurred. It's an unrealized cover (like unrealized profit) until the user decides to liquidate his NFT or claim his cover, which he can do whenever he wants. The user can also transfer his contract and therefore his NFT on the open market to another person.