tokenomics
The Athena Token
Governance and utility benefits built on the Base Blockchain.
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The Athena Token

$ATHENA is a governance and utility token on the Base blockchain (contract: 0x1a43287cBfCc5f35082e6E2Aa98e5B474FE7Bd4e).

  • Launched on November 19, 2024 via Virtuals Protocol to enable access to the G.A.M.E. framework.
  • 25.7% of supply purchased by the Athena AI team; the rest sold publicly.
  • Functions as both a DAO governance token and access key for the Athena AI platform.
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Your questions, answered
What is the value proposition of the Athena token?
$ATHENA is utilized for utility access to the Athena AI dashboard as well as governance rights to the Athena AI protocol. $ATHENA is continually bought back with protocol revenues with a goal of having the $ATHENA token removed from circulation faster than it enters circulation. NOTE: While this is the intent, this is not a guarantee. There is absolutely no promise or guarantee for a return on investment based on the actions of the Athena AI Team or Athena AI DAO.
What are the risks associated with the $ATHENA token?
There are many. Investing is a zero-sum game. For every winner there is a loser. There’s no way to tell what the time horizon is for anybody who owns the $ATHENA token to sell it, causing downward pressure on the price. Additionally, $ATHENA liquidity is priced in the $VIRTUAL token. This effectively means by acquiring the $ATHENA token you’re betting on two teams: The Athena AI team and the Virtuals Protocol team. While the goal of the Athena AI team is to have the token be deflationary, there are potential periods where revenues can suffer and there is no guarantee that token buybacks will be sustainable. On top of all this, self-custody of crypto assets in general is very risky. Poor private key management, susceptibility to phishing attacks, front-end application hacks, etc. cause total loss events for beginner crypto investors every day.
Where can I acquire the $ATHENA token?
The sole source of liquidity for the $ATHENA token is the $ATHENA/$VIRTUAL pool on Uniswap V2 on the Base chain. The contract address of $ATHENA is 0x1a43287cBfCc5f35082e6E2Aa98e5B474FE7Bd4e. Athena can be acquired via the Virtuals protocol website, Uniswap, DEX aggregators such as Kyberswap, the Base app, as well as the DEX assets feature on the Coinbase app for regions that support it.