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What exactly are Fanfury Tokenomics?
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[QUOTE="Venus1100, post: 258354, member: 77634"] FURY is Fanfury's native utility token, which users can obtain through proof of stake consensus. There are 420 million tokens in total. The following is the distribution: [TABLE] [TR] [TD]Use Case[/TD] [TD]Percentage[/TD] [TD]Amount of Token [/TD] [/TR] [TR] [TD]Gamified Airdrop for Luna Stakers [/TD] [TD]18.81% [/TD] [TD]79 million[/TD] [/TR] [TR] [TD]Whitelist Airdrop[/TD] [TD]1.19%[/TD] [TD]5 Million[/TD] [/TR] [TR] [TD]Angel Investors [/TD] [TD]2.5%[/TD] [TD]10 Million[/TD] [/TR] [TR] [TD]Pre-sale, IPC, Pylon Pools [/TD] [TD]2.5%[/TD] [TD]10 Million[/TD] [/TR] [TR] [TD]Community and LP Incentives [/TD] [TD]7.5%[/TD] [TD]31.5 Million[/TD] [/TR] [TR] [TD]Seed Sale [/TD] [TD]5%[/TD] [TD]21 Million[/TD] [/TR] [TR] [TD]Private Sale[/TD] [TD]9%[/TD] [TD]37.8 Million[/TD] [/TR] [TR] [TD]Public Sale[/TD] [TD]6%[/TD] [TD]25.2 Million[/TD] [/TR] [TR] [TD]Marketing[/TD] [TD]9%[/TD] [TD]37.8 Million[/TD] [/TR] [TR] [TD]Advisors[/TD] [TD]3.5[/TD] [TD]14.7 Million[/TD] [/TR] [TR] [TD]Team[/TD] [TD]15[/TD] [TD]63 Million[/TD] [/TR] [TR] [TD]Treasury[/TD] [TD]10[/TD] [TD]42 Million[/TD] [/TR] [TR] [TD]Liquidity [/TD] [TD]5[/TD] [TD]21 Million[/TD] [/TR] [TR] [TD]Ecosystem [/TD] [TD]5[/TD] [TD]21 Million[/TD] [/TR] [/TABLE] The two tokens can be obtained in two ways: 1) through simple staking and 2) by participating in game play. For the former, users can simply hold and stake $FURY to accumulate more tokens because 40% of all tokens are returned to the staker. However, because Fanfury maintains a deflationary tokenomics by burning 40% of rake fees on each contest, users will almost certainly have to participate in actual gaming to remain profitable on the platform. Fanfury's gameplay is based on a point-based leaderboard system, with results tallied and calculated at the end of each day.The owner of the top team with the most staked $FURY will earn 1%, the stakers of the top team will earn 19%, and the remaining 80% is distributed among all stakers to ensure a return to all participants. Fanfury has an additional mechanism called Boons from the Old Gods, which allows users to provide liquidity to the FURY-UST Terraswap Pair in exchange for $FURY tokens at a discount. This protocol's goal is to manage exchange liquidity. As the sole liquidity provider, the protocol receives 10% of the rake fees, which are then distributed to the treasury. All protocol (2%), transaction (0.3%), auto-compounding (1%), and liquidity pool fees extracted by Fanfury will be divided among three aspects of ecosystem development: 40% marketing, 40% treasury, and 20% development. In addition to these fees, Fanfury requires a $1000 Claim and a 0.5 percent Liquidity Provider Fee, both of which are entirely allocated to the Treasury. Fanfury uses the Anchor protocol to store its funds in order to take advantage of its 20% APY. If you want to trade fury token, you can find it on MEXC Exchange- spot zone-fury/usdt trading pairs. [/QUOTE]
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What exactly are Fanfury Tokenomics?
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