Today we're going to do a deeper dive into the token allocation and tokenomics of @fantom_oasis, a decentralized project launchpad for the @FantomFDN network. We will explore the staking mechanism and its benefits as well.
🔥🔥 Let's go! 🔥🔥
🔥🔥 Let's go! 🔥🔥
@fantom_oasis @FantomFDN We've done an article and a tweet thread on Fantom Oasis before, so you can refresh your memory to see what this is all about first. Here:
https://twitter.com/The_ReadingApe/status/1447539982495739912
@fantom_oasis @FantomFDN Fantom Oasis
🔹 FTMO is the token
🔹 Helps connect project creators with investors
🔹 For project creators - help on different aspects from financing to strategic advice
🔹 For investors - bonuses are given to FTMO stakers e.g. increased allocation size of new project tokens
🔹 FTMO is the token
🔹 Helps connect project creators with investors
🔹 For project creators - help on different aspects from financing to strategic advice
🔹 For investors - bonuses are given to FTMO stakers e.g. increased allocation size of new project tokens
@fantom_oasis @FantomFDN Token Allocation
🔹 FTMO tokens have a hard cap of 100 M tokens
🔹 Different stakeholders can get tokens at different prices and vesting periods
🔹 Higher the price of the tokens, the higher the percentage of tokens unlocked
🔹 Details can be found in the table here
🔹 FTMO tokens have a hard cap of 100 M tokens
🔹 Different stakeholders can get tokens at different prices and vesting periods
🔹 Higher the price of the tokens, the higher the percentage of tokens unlocked
🔹 Details can be found in the table here
@fantom_oasis @FantomFDN 🔹 We did an infographic to showcase the major stakeholders of the token allocation here
🔹 27% of the total supply was allocated under sales
Sales (total 27%)
🔹 Seed - 10%
🔹 Strategic - 5%
🔹 Public - 1%
🔹 Private - 4%
🔹 Others - 7%
🔹 27% of the total supply was allocated under sales
Sales (total 27%)
🔹 Seed - 10%
🔹 Strategic - 5%
🔹 Public - 1%
🔹 Private - 4%
🔹 Others - 7%
@fantom_oasis @FantomFDN Staking mechanism
🔹 50% of the total supply is allocated for liquidity mining rewards
🔹 30% will be emitted in the first 90 days, 20% will be released slowly thereafter
🔹 Hence the yield will be very high in the first 90 days and drop off from there
🔹 50% of the total supply is allocated for liquidity mining rewards
🔹 30% will be emitted in the first 90 days, 20% will be released slowly thereafter
🔹 Hence the yield will be very high in the first 90 days and drop off from there
@fantom_oasis @FantomFDN 🔹 FTMO holders can stake their tokens in pools to get a yield
🔹 If the LP tokens are staked as well, a staking score is given that determines the bonuses for new project tokens under Fantom Oasis
🔹 The more tokens and the longer they are staked, the higher the bonuses are
🔹 If the LP tokens are staked as well, a staking score is given that determines the bonuses for new project tokens under Fantom Oasis
🔹 The more tokens and the longer they are staked, the higher the bonuses are
@fantom_oasis @FantomFDN 🔹 But this has a floor and a ceiling to prevent big whales from dominating, nor smaller accounts from gaming the system
🔹 Staking bonuses include discounts to new projects tokens, increase in max allocation size etc
🔹 Staking bonuses include discounts to new projects tokens, increase in max allocation size etc
@fantom_oasis @FantomFDN 🔹 Some details are missed out, so check out the whitepaper here: fantom-oasis.gitbook.io/ftmodocs/
🔹 Readers can also join the social media platform to ask questions
🔹 Readers can also join the social media platform to ask questions
@fantom_oasis @FantomFDN 🔹 The link to our substack article is here: thereadingape.substack.com/p/fantom-oasis…
🔹 Social media links are found in the substack article too
🔹 Social media links are found in the substack article too
@fantom_oasis @FantomFDN If you want a one-page infographic of the salient points of Fantom Oasis that we've made specifically for this purpose, check this out:
@fantom_oasis @FantomFDN Like our work?
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Apes alone weak 🦍💀
Apes together strong🦍🦍🦍💪💪💪
Stay strong, apes 🦍💪
~ End Thread
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