Flareporium Foundation Fund
See: $FOTON Allocation $FLR Allocation from Initial Sales Use of Funds Initial $FOTON/$FLR Liquidity Provisions Permanent Liquidity Assurance Governance and Future Control Sustainable Funding
The Flareporium Foundation Fund serves as a cornerstone of the Flareporium ecosystem, acting as its treasury to ensure operational growth, platform development, and long-term sustainability. Intended to be governed by $FOTON Token and the Block Sapiens NFT Collection, the Foundation Fund empowers the community to participate in decision-making processes, fostering a decentralized and thriving platform.
$FOTON Allocation
The Foundation Fund is allocated 25% of the total $FOTON Token supply, equating to 25,000,000 $FOTON. This significant allocation is pivotal for driving ecosystem growth, platform expansion, and ensuring long-term sustainability.
Allocation Category
Percentage
Amount
Flareporium Foundation Fund
25%
25,000,000 $FOTON
$FLR Allocation from Initial Sales
Funds raised from the Initial $FOTON Sale and Block Sapiens NFT Mint are partially allocated to the Foundation Fund to support liquidity and growth initiatives.
Total $FOTON Sold: 5,000,000 $FOTON
Total $FLR Raised: 500,000 $FLR
Allocation to Foundation Fund: 50% (250,000 $FLR)
Total NFTs Minted: 5,000 NFTs
Total $FLR Generated: 4,500,000 $FLR (With 500 Free Mints Used)
Allocation to Foundation Fund: 20% (900,000 $FLR)
Source
Total $FLR Raised
Allocation to Foundation Fund (%)
Allocation to Foundation Fund ($FLR)
Initial $FOTON Token Sale
500,000
50%
250,000
Block Sapiens NFT Mint
4,500,000
20%
900,000
Total
5,000,000
1,150,000
Use of Funds
The Foundation Fund is utilized to support various aspects of the Flareporium ecosystem, including:
Ecosystem Growth: Funding initiatives that promote the expansion and adoption of the platform.
Platform Innovation: Investing in the development of new features, tools, and integrations to enhance user experience.
Governance: Supporting decentralized governance mechanisms, empowering the community to participate in decision-making.
Liquidity Provision: Establishing initial liquidity for the $FOTON/$FLR trading pair to ensure market stability.
Initial $FOTON/$FLR Liquidity Provisions
To ensure a stable and transparent market for $FOTON, the Foundation Fund is dedicated to providing Initial $FOTON Liquidity for the $FOTON/$FLR trading pair. This is achieved by pairing 250,000 $FLR with 2,500,000 $FOTON, consistent with the initial token sale rate of 1 $FLR : 10 $FOTON.
Liquidity Pair
Amount
$FLR
250,000
$FOTON
2,500,000
Note: This $FOTON/$FLR trading pair will be the designated pair for all $FOTON Buybacks conducted by the Flareporium Momentum Reserve, ensuring a consistent and transparent mechanism for token value support.
Permanent Liquidity Assurance
To enhance trust and ensure market stability, the LP tokens generated from the initial liquidity provision are permanently burned, making it impossible to withdraw this liquidity. This action solidifies a liquidity base for the $FOTON Token, fostering a stable trading environment.
Governance and Future Control
The Foundation Fund will be governed through Flareporium’s decentralized governance system, utilizing $FOTON Token and the Block Sapiens NFT Collection. This governance model allows the community to propose and vote on initiatives, ensuring that the fund is used in alignment with the ecosystem's evolving needs.
Sustainable Funding
The Foundation Fund benefits from ongoing contributions, including:
Incoming Funds from the Momentum Reserve: 10% of the Flareporium Momentum Reserve earnings are directed to the Foundation Fund to further enhance its resources.
Delegation Rewards: Rewards generated from delegating $FLR contribute to the fund, increasing its resources over time.
Monthly $FLR Distributions: Remaining $FLR distributions are allocated to the Foundation Fund until January 2026.
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