Tokenomics

1、Economic model

FA DAO adopts a new economic model, FA will no longer be mined for output and increment, users no longer need to worry about the selling pressure generated by FA mining. FA DAO adopts a double burning mechanism combining two economic mechanisms, transaction burning and repurchase burning: each transaction generates 10% DAO commission, of which 5% is allocated to the liquidity provider as a reward, and the liquidity provider will become one of the most important Beneficiaries; 5% is directly burned, FA will be burned extremely under the premise of no more increase in output, and all FA holders will benefit.

The specific distribution of DAO fees generated by the transaction is as follows.

Add liquidity via one-click, 5% of USDT or FA, half of which goes into the DAO vault and half goes into the LP pool to be distributed to LP
Add liquidity via manually pairing, 5% of FA goes into the LP pool to be distributed to LP, 5% of FA burned
Remove liquidity, 5% of FA goes into the LP pool to be distributed to LP, 5% of FA burned
Sell coins, 5% of FA goes to LP pool to be distributed to LP, 5% of FA burned
Transfer and withdraw rewards, 5% of FA into LP pool divided to LP, 5% of FA burned
Buy coins, 5% USDT into the DAO vault, 5% FA into the LP mining pool to share to LP

2. Token allocation

The current total number of FA is 300 million. The initial total number of FA tokens was 10 billion, and 4 billion FA tokens were punched into the black hole address when Genesis was launched; 5.5 billion were destroyed about 40 days after the launch; in order to accelerate the token deflation and enhance the connotation value of FA, about 200 million were destroyed again when the BSC cross-chain was launched, bringing the total number of FA down to 300 million.

The specific allocation of tokens is as follows.

Eco-building and PR (3.33%): 10 million, to enhance the influence of FA DAO through media promotion and other means to attract users to use it as well as application developers to reside in it.
Community (6.67%): 20 million, to be used for marketing activities and project attraction, etc.
Business development (6.67%): 20 million, for matching new applications and rewarding liquidity providers and community contributors.
Exchange cooperation (3.33%) : 10 million, to be used for listing on large centralized crypto exchanges.
Team (3.33%) : 10 million, locked, and will be vested in phases.
Tokens that were mined and destroyed (76.67%): about 230 million.

Highlights

Holding to earn: FA tokens will automatically destroy deflation in transfers and transactions, and users who hold FA can get stable value-added.
Liquidity as farming: A part of FA token transaction fees (5% of transaction amount) is allocated to liquidity providers as rewards, and users who provide liquidity will also get high value-added in fees, and will become one of the most important beneficiaries of the system.
Double destruction: First, transaction transfer destruction, about 5% of transaction fees will be automatically destroyed through the "black hole address" strategy, and this percentage will continue to expand as the project develops; second, repurchase destruction, the FA DAO vault continues to capture value and use it for FA repurchase destruction. Double destruction can greatly enhance the internal value of FA.
Ecological diversity: FA DAO is a new organizational form and business model with the characteristics of decentralization, autonomy, and return of all power and interests to the community. All users who hold FA and participate in the ecological construction will benefit. FA DAO has powerful empowerment ability to enhance the diversity of agreement users and ecological prosperity.

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Last updated 3 years ago

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1、Economic model

The specific distribution of DAO fees generated by the transaction is as follows.

Add liquidity via one-click, 5% of USDT or FA, half of which goes into the DAO vault and half goes into the LP pool to be distributed to LP

Add liquidity via manually pairing, 5% of FA goes into the LP pool to be distributed to LP, 5% of FA burned

Remove liquidity, 5% of FA goes into the LP pool to be distributed to LP, 5% of FA burned

Sell coins, 5% of FA goes to LP pool to be distributed to LP, 5% of FA burned

Transfer and withdraw rewards, 5% of FA into LP pool divided to LP, 5% of FA burned

Buy coins, 5% USDT into the DAO vault, 5% FA into the LP mining pool to share to LP

2. Token allocation

The specific allocation of tokens is as follows.

Eco-building and PR (3.33%): 10 million, to enhance the influence of FA DAO through media promotion and other means to attract users to use it as well as application developers to reside in it.

Community (6.67%): 20 million, to be used for marketing activities and project attraction, etc.

Business development (6.67%): 20 million, for matching new applications and rewarding liquidity providers and community contributors.

Exchange cooperation (3.33%) : 10 million, to be used for listing on large centralized crypto exchanges.

Team (3.33%) : 10 million, locked, and will be vested in phases.

Tokens that were mined and destroyed (76.67%): about 230 million.

Highlights

Holding to earn: FA tokens will automatically destroy deflation in transfers and transactions, and users who hold FA can get stable value-added.

Liquidity as farming: A part of FA token transaction fees (5% of transaction amount) is allocated to liquidity providers as rewards, and users who provide liquidity will also get high value-added in fees, and will become one of the most important beneficiaries of the system.

Double destruction: First, transaction transfer destruction, about 5% of transaction fees will be automatically destroyed through the "black hole address" strategy, and this percentage will continue to expand as the project develops; second, repurchase destruction, the FA DAO vault continues to capture value and use it for FA repurchase destruction. Double destruction can greatly enhance the internal value of FA.

Ecological diversity: FA DAO is a new organizational form and business model with the characteristics of decentralization, autonomy, and return of all power and interests to the community. All users who hold FA and participate in the ecological construction will benefit. FA DAO has powerful empowerment ability to enhance the diversity of agreement users and ecological prosperity.