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Home All Events Fantom Frens Staking Launch

Date

Feb 16 2022
Expired!

TimePacific Time

10:00 am

Your Time

  • Timezone: America/New_York
  • Date: Feb 16 2022
  • Time: 1:00 pm

Status

Active

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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