$FOTON Token
See: Key Features and Utilities of $FOTON $FOTON Tokenomics at a Glance Fractional Reserve Release Plan $FOTON’s Role in Flareporium’s Vision
$FOTON is the native utility token of Flareporium, designed to power the ecosystem’s innovative features and reward its community. Built on the Flare Network, $FOTON is capped at a total supply of 100,000,000 tokens, ensuring long-term sustainability and value within the ecosystem. This token plays a pivotal role in enabling staking, rewards, governance, and future platform innovations.
Key Features and Utilities of $FOTON
Feature
Description
Staking
Stake $FOTON in various vaults to earn rewards in $FLR, $SGB and $FOTON.
Governance
Participate in decentralized decision-making by staking $FOTON.
Rewards
Earn from staking pools, NFT interactions, and buyback redistributions.
Liquidity Support
Incentivizes liquidity provision to enhance market stability.
NFT Integration
Block Sapiens NFT holders can stake their NFTs to earn $FOTON rewards.
Future Utility Expansion
Planned use cases to unlock additional value for token holders.
$FOTON Tokenomics at a Glance
Category
Allocation
Purpose
Flareporium Foundation
25% (25,000,000)
Ecosystem growth, platform innovation, and liquidity provision.
Platform Rewards
10% (10,000,000)
Incentivizing community contributions and marketplace activity.
NFT Staking Pool
10% (10,000,000)
Rewarding Block Sapiens NFT holders for staking.
Governance Staking Pool
12% (12,000,000)
Rewards for governance participants to ensure active decision-making.
LP Staking Pool
18% (18,000,000)
Encourages liquidity provision to enhance market health and trading.
Flareporium Team
15% (15,000,000)
Funding team operations with a lockup period and gradual distribution to align with growth.
Initial Token Sale
5% (5,000,000)
Raise funds for platform development and reward early supporters.
Block Sapiens Airdrop
5% (5,000,000)
Rewarding holders of the Block Sapiens NFT collection post-mint.
Fractional Reserve Release Plan
To ensure long-term sustainability, $FOTON rewards from staking pools and other mechanisms follow a Fractional Reserve Release Plan. Each year, 33% of the remaining allocation for relevant pools is distributed, enabling predictable rewards while preserving token longevity.
$FOTON’s Role in Flareporium’s Vision
As the backbone of Flareporium, $FOTON is designed to foster participation, reward engagement, and drive innovation. Whether through staking, governance, or its integration with the Block Sapiens NFT Collection, $FOTON holders are at the center of the ecosystem’s growth.
Further Reading
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