Fantasm Finance FSM Rewards Launch
New synthetic token launch on FTM.
DETAILS
- Max supply: 30,000,000 FSM
- 21,000,000 FSM to staking pools
- 6,000,000 FSM to dev wallet with 2 years vesting & 8 weeks cliff
- 3,000,000 FSM to treasury with 3 years vesting
- To mint xFTM, you need to hold FTM (80%) and FSM (20%) in your wallet
- Each minting and redeeming of synthetic assets like xFTM incurs a 0.30% and 0.50% fee, respectively
- Farmed FSM have 8 weeks vesting period
- Vesting, Staking, Locking and Fee Distribution will be after 7 days (epochs)
- Stakers also earn 50% of the penalty fee from FSM/FTM and xFTM/FTM pools who claim early
- xFTM is the fractional algo synthetic token, pegged to the price of FTM
- FSM is the farming / utility token
- Twitter: https://twitter.com/fantasmfinance
- Telegram: https://t.me/fantasmfinance
- Chart: https://dexscreener.com/fantom/0xfBD2945D3601f21540DDD85c29C5C3CaF108B96F
- Chart: https://dexscreener.com/fantom/0xaa621D2002b5a6275EF62d7a065A865167914801
- Contract: https://fantasm-finance.gitbook.io/fantasm/others/contracts