Initial $FOTON Sale
See: Token Sale Overview Additional Incentives Fund Allocation Liquidity Provision for $FOTON/$FLR Trading Pair Why Participate?
The Initial $FOTON Token Sale is a key event in Flareporium's journey, offering early adopters an opportunity to participate in the growth of the platform and its ecosystem. This page provides detailed information about the sale, its structure, incentives, and fund allocation.
Token Sale Overview
Details
Information
Total Tokens for Sale
5,000,000 $FOTON
Exchange Rate
10 $FOTON per 1 $FLR
Sale Platform
Sale Duration
Open until all tokens are sold out
Purchase Currency
$FLR (Flare Network native asset)
Additional Incentives
To reward participants in the Initial Token Sale, Flareporium introduces a Free Mint Token program for the Block Sapiens NFT Collection. These tokens can be redeemed during the minting process to claim a Block Sapiens NFT.
If the Block Sapiens NFT Mint concludes before the $FOTON token sale is completed, any unused Free Mint Tokens will become invalid.
Condition
Reward
For every 2,000 $FLR swapped to $FOTON
1 Free Mint Token
Total Free Mint Tokens Available
250
Mechanism:
Free Mint Tokens are automatically deposited into participants’ wallets along with $FOTON after qualifying swaps.
Accumulated smaller trades (e.g., 400 $FLR + 1,600 $FLR) qualify once the 2,000 $FLR threshold is reached.
Additional Free Mint Tokens are issued for every increment of 2,000 $FLR swapped (e.g., 4,000 FLR, 6,000 FLR).
Fund Allocation
All $FLR raised during the Initial Token Sale (maximum 500,000 $FLR) will be allocated as follows:
Allocation
Purpose
Amount
Flareporium Foundation
Supports ecosystem growth, platform expansion, and initial liquidity for the $FOTON/$FLR trading pair
250,000 $FLR (50%)
Flareporium Team
Funds platform development, operational costs, and continuous innovation
250,000 $FLR (50%)
Liquidity Provision for $FOTON/$FLR Trading Pair
A portion of the Flareporium Foundation’s fund will be allocated to establish Initial $FOTON Liquidity for the $FOTON/$FLR trading pair on the Flareporium platform. To ensure transparency and long-term stability:
LP tokens received from initial liquidity provisioning will be burned, permanently locking in this liquidity.
Why Participate?
Early Adoption: Be part of Flareporium's growth and contribute to building its ecosystem.
Exclusive Rewards: Earn Free Mint Tokens for Block Sapiens NFTs.
Support Sustainability: The fund allocation ensures a robust, community-driven platform development model.
Future Governance: $FOTON holders gain voting power in Flareporium’s decentralized governance system.
Staking Opportunities: Participate in Oracle Growth Vault Staking and Yield Vault Staking, allowing you to earn rewards in $FLR and $SGB while supporting the ecosystem's growth and sustainability.
This Initial Token Sale is a pivotal step in Flareporium's journey, designed to empower early supporters while fostering long-term growth and sustainability within the ecosystem. Take advantage of this unique opportunity and join the Flareporium community today!
Further Reading
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