We Are Building Decentralized Finance For Cross-Border Transactions
FYFY Token works in the Solana blockchain. Primarily, it acts as a governance token. Thus, holders of the token can influence the decisions of the future development of the ecosystem. In addition, the staking mechanism is used to distribute interest on the transaction fees. Staking of cryptocurrency assets maintains the decentralized blockchain and provides interest for the transaction validation process. Moreover, FYFY Tokens may decrease the transaction costs of peer-to-peer (P2P) payments inside the ecosystem. Nevertheless, FYFY Token may grant access to additional products or services of the ecosystem. FYFY Token strives to solve current issues in blockchain technology, such as micro-transaction problems, high transaction fees, and issues in digital currency transfer.
FYFY Token Overview
|Token Name:||FYFY Token|
|Token Price:||0,59 €|
|Initial Circulation Supply:||26,200,000|
|Initial Market Cap:||59,000,000m€|
|Estimated Listing:||Q2 2022|
|Token Utility:||Reward, Payment, Fees, Governance, Staking|
Max supply of Fyfy Tokens is 100,000,000. Figure 1 describes the token allocation based on the max supply. Figure 2 illustrates how the tokens are distributed as a function of time.
|Treasure Escrow||40,8 %|
|Liquidity Pool||8 %|