Fantom Frens Staking Launch

New staking protocol from Fantom Frens.

No contracts announced yet.

DETAILS

• FPAD is the launchpad token of Fantom Frens (launched Feb. 15), FFS is the governance token (launched in mid-January, chart here)
• Max supply: 10,000,000 FPAD
  • 5% airdropped to FFS holders
  • 5% to Frensvault
  • 50% to initial liquidity
  • 40% to staking pool
• Staking rewards:
  • FPAD staking: 365% APY @ 1% daily in FPAD
  • FFS staking: 182.5% APY @ 0.5% daily in FPAD
• No deposit / withdrawal fees
• 7 days lockup period for new deposits
• 14% transfer tax
  • 10% to treasury
  • 2% to marketing
  • 2% to Frensvault
• 1% referral commission
• FPAD token holders will be guaranteed allocation in upcoming projects/ airdrops/ NFT drops
• The FPAD launchpad will go live in Q2 2022
  • 50% of launchpad fees go to to the FrensVault
  • 30% to FPAD holders
  • 20% to FFS holders

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