1/ FIEF Rocket Joe Launch 🚀
• Deposits open: 6pm UTC
• Exclusive to Rocket Joe
• No Token Unlocks/Emissions during the Launch
$FIEF is the first economic guild of the metaverse. At the center of the ecosystem, lies FIEF + the Guild Factions. Let's explore each faction below:
2/ There are 5 Guild Factions. Each faction will receive guild-specific rewards + other perks from the treasury
👛Merchants: Earn fee rewards on all primary and secondary sales made via the Fief Marketplace, the first NFT marketplace dedicated to the metaverse and in-game assets
3/ Guild factions are captured in the form of an Initial Guild Membership NFT. These will be available for public mint 'soon'
⛪Bishops: Earn fee rewards on all of Fief's fungible token protocols, including future lending protocols and a DEX dedicated to trading Guild Resources.
Rocket Joe is a Liquidity Launch Platform that facilitates the launch of a Token, by seeding the Liquidity Pool for that protocol.
As a participant, you deposit AVAX and in return, you receive a % share of the LP that is Launched! ...
2/ Price Discovery
The Issuing Token does not have a fixed price.
Participants depositing AVAX will be defining the price, in real-time. The more AVAX deposited, the higher the Issuing Token price will be. This is because more AVAX is being paired against the Issuing Token.
3/ Price Discovery Outcomes
Below we run through some scenarios for Rocket Joe, the difference in demand for the token, based on the amount of AVAX deposited, highlights the outcome of the price discovery mechanism, for the HON Token.
🚀 rJOE
• What is it?
• How do I get it?
• Why do I want it?
*No, this is not replacing xJOE Staking*
2/ What is rJOE?
• rJOE is your credit to enter Rocket Joe Launches
• Deposit rJOE to unlock an AVAX allocation
• 100 rJOE = 1 AVAX allocation
• rJOE can be kept in your wallet and used anytime
• rJOE is burned on use
How to earn rJOE...👇
3/ How do I get me some rJOE?
• Stake $JOE and earn rJOE over time
• You can claim rJOE at anytime
• No fees to deposit or withdraw from rJOE Staking
• rJOE is non-transferable - 'Whales' cannot buy rJOE
• rJOE is designed for the average Joe