Token Information
1、Token Information
Token name: Financial Accelerator Token
Token symbol: FA
Token type: Heco, BSC (coming soon)
Total number of tokens: The total number of FA tokens is 10 billion. At the time of launch, the fa.cash project punched 4 billion FA tokens into the black hole address to complete the Genesis launch. The remaining 6 billion tokens are destroyed again 5.5 billion after about 40 days mining starts to accelerate token deflation and enhance FA intrinsic value. After destruction, the total number of FA is 500 million tokens.
2. Token Usage
FA is a governance token. FA tokens have the right to govern the fa.cash platform.
Usage scenarios include but are not limited to:
The more users transfer money, the more dividends the FA token will receive, and the faster the number of FA will grow.
FAs have a "self-growing liquidity" mechanism. The more FAs users transfer, the deeper the LP liquidity pool, the better the trading experience and the lower the slippage.
Updating the DeFi protocol whitelist, where FA holders can decide whether to add or remove specific DeFi protocols from the protocol-level whitelist.
Adjustment of platform fees, FA holders can propose adjustments to platform fees. Optimising the governance structure, FA holders can initiate a vote to adjust or optimise the platform governance structure.
FA is the de facto controller of the DAO organisation of the fa.cash platform and enjoys all the privileged benefits of the fa.cash platform through the DAO management platform.
3. FA Token Highlights
Helps users get the highest annualised returns offered in the Defi space. By leveraging income farming, users can earn 200% or more of their principal while earning a 300% yield (this includes subtracting interest and fees). This is something that no other platform can do, which means that fa.cash's annualised returns are typically higher than the usual platforms. With a win-win situation for both users and the fa.cash platform, the platform's asset size and revenue will continue to increase, and then the embedded value of FA and the amount of repo burn will continue to increase.
Compared to YFI the fa.cash platform is more valuable and the FA tokens are more valuable. yFI is a revenue aggregator (machine gun pool) 1.0, which only helps users to select DEFI projects with high yields for mining; Autofarm is a machine gun pool 2.2, which helps users to compound and reinvest. But these can only help users increase their returns at the most basic level. In contrast, fa.cash's original leveraged mining aggregation protocol is the 3.0 of machine gun pools, which helps users to increase their mining principal through 3-10 times leverage and obtain mining returns far beyond the previous two generations of machine gun pools, thus making the fa.cash platform and FA tokens more valuable.
FA is the most deflationary long-term deflationary token. Firstly, FA has a hard cap on release volume and the rate of release continues to decrease; secondly, FA pioneered "hold to mine", "self-growing liquidity" and "double burn" (transaction burn + buy back burn) three economic mechanisms, the greater the circulation, the more FA tokens destroyed, the more concentrated in the hands of large holders; third, fa.cash is a platform with positive revenue cycle bad, 80% of the income from platform asset mining, lending fees share, clearing fees, etc. will be used for FA buy back burn. As fa.cash continues to grow, more FA tokens will be destroyed, allowing the value of each remaining FA token to continue to grow.
FA has long-term holding power and huge earning potential. Tokens like YFI and safemoon, which are among DeFi's peers, have seen their tokens skyrocket over 10,000 times, demonstrating the wealth creation effect of the cryptocurrency world. It combines and expands the DeFi concept, liquidity mining, leveraged mining, leveraged lending and trading, community governance, and the spirit of blockchain, and continues to innovate the product mechanism, which will surely become a phenomenal token leading the DeFi era with long-term holding momentum and huge revenue potential.
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