FunSwap — FUNS Token distribution model

  • no FUNS tokens are premined, all distribution is done via smart-contracts according to the distribution model provided below. This prevents rug-pulls as seen in some projects and provides decentralized governance of the platform.
  • you can earn extra FUNS by mortgaging your existing FUNS stack. This incentivizes holding on to the rewards instead of dumping them for short-term profit. Everyone mortgaging FUNS on FunSwap will get iFUNS
  • the FUNS token distribution is deflationary in its essence, each round will release less FUNS tokens to participants, making early adopters more incentivized and rewarded.
  • the team will use the fees collected from trading to buy back FUNS from the open market. A part of those FUNS tokens will be distributed to the participants and the rest will be burned. This will provide a constant buy pressure on exchanges and further reward the FUNS holders while constantly burning a part of the supply. For a more detailed explanation about the buybacks and fee distribution, please check our Whitepaper.
  • the governance of the platform and the next steps in development will be subject to community votes.
  • all contract documentation is public to ensure full transparency.
FUNS token distribution model
  • FUNS-ETH
  • ETH-USDT
  • USDC-ETH
  • DAI-ETH
  • WBTC-ETH
  • USDC-USDT

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store