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What is ANJ

The Aragon Court is the backbone of the jurisdiction of the Aragon Network. It consists of a multitude of jurors who are incentivized to arbitrate disputes between community participants. Jurors need to hold ANJ to participate in the work of Aragonese courts. ANJ is generated by casting from ANT through joint curves.

image description"Court of Aragon" 

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"Bitcoin is the evolution of money, Aragon can be the evolution of government."

- Tim Draper, Draper Associates

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ANJ Status

https://nomics.com/

The current price of ANJ can be viewed through the following link:

In addition, ANJ will also be driven by the following two factors:

ANJ supply drive

If you want to know the current total supply of ANJ, you can visit the contract page of ANJ on a blockchain browser, such as Etherscan. Its supply is affected by the following factors:

- Total supply of ANT. Due to the bonding curve relationship between ANT and ANJ, the maximum supply of ANT is determined by the current total supply of ANT.

- ANJ is staked and activated to increase jurors' fees. By activating ANJ, jurors increase their likelihood of being selected for disputes, and their likelihood of earning income.

ANJ demand-driven

As a work token, demand for ANJ may be influenced by the total amount of earnings that future Aragon Court jurors may receive.

- DAO-to-DAO transaction volume on the Aragon Network.

- Aragon Network DAO Committee.

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A community member, Placeholder, shared some of their thoughts on ANJ, which may be helpful to those wishing to build a simulation model for ANJ.

FAQs

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Could it happen that when I sell my ANJ tokens I get a lower price than I originally got for the buy price and thus I lose money?

After the launch of Aragon Court on February 10, 2020, the price of ANJ changes according to market demand and the setting of the ANJ bonding curve. At any time, the price of ANJ may be lower or higher than the price you paid for ANJ.

What is the current total supply of ANJ? What is the maximum supply?