Thread by @NodeSenpai

1/ I want to break down how @FrogFrens is planning on using the funds from minting because it's really well thought out and important for sustainability.

Most nft projects plan on buying into projects like $THOR, $STRONG, $PXT, $RND, $COMB, etc. Which isn't a bad idea...

2/ The thing they currently largely lack is diversification. Meaning? If they only use % of funds in #nodes, their reward plan hangs on those nodes succeeding. If they don't, there won't be much to reward holders with. If they do, everyone wins!

But what happens if they fail?

3/ If the projects don't find other ways to bring in outside funds, the less likely they'll succeed. Not saying artwork isn't enough though!

This is where #FrogFrens has found a solution for that.

Here's their investment breakdown:
docs.frogfrens.co/whitepaper/fre…

Let's unpack it ⬇️

4/ - Auto-compounding protocols like beefy.finance or yieldyak.

- Blue Chip #AVAX staking platforms.

- Start Up projects.

Now, community does have a say in which projects to invest in WITHIN those investment categories. As you can see, there aren't just nodes.

5/ Investments will be distributed as follows:

- 50% Low Risk (stable coins)
- 40% Medium Risk (Bluechip)
- 10% High Risk (degen projects)
- % subject to change

FrogFrens aren't just limiting themselves to nodes. In fact, that's their smallest allocation of investment funds.

6/ They understand there's too much volatility to rely on just that. There's also some other cool rewards mechanisms in place
- Royalties - post mint sell of the nfts has a 3% royalty, which 100% of that is put into the reward pool for FF holders. Voted on by community members.

7/ - Merch
• Profits from the merch store will go back into $FREN holders.
- $SPAWN - NFT staking token with some awesome Perks
• Burn SPAWN for future nfts
• Trading via Liquidity Pool
• Burned for discount on merch store
• Exclusive discord channel access
• Raffles

8/ Rewards will be distributed in the form of WAVAX each week as follows:
- 80% Community - right back into $FREN holders
- 10% Compound - to keep growing treasury
- 10% Team - to keep things running

Overall I love their plan of diversity and their artwork is 🔥. GG #FrogFrens!