Fantasm Finance FXM Rewards Launch

Re-launch of Fantasm, a synthetic token on FTM which previously got exploited. The hacked funds of investors were airdropped and returned in FXM.

DETAILS

• Max supply: 30,000,000 FXM
  • 70% to staking pools distributed over 3 years
  • 10% to dev wallet with 2 years vesting & 2 months cliff
  • 10% to treasury with 3 years vesting
  • 10% to DAO with 3 years vesting
• FSM emission allocated will be as follows:
  • 66% to FTMX-FTM LP
  • 26% to FXM-FTM LP
  • 8% to FXM-FTMX LP
• Farmed FXM have 8 weeks vesting period
• 50% penalty fee if you claim rewards before vesting period ends
• Each minting and redeeming of FXM incurs a 0.30% and 0.50% fee, respectively
• Vesting, Staking, Locking and Fee Distribution will be after 7 days (epochs)
• FTMX is the fractional algo synthetic token, pegged to the price of FTM
• FXM is the farming / utility token

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