Tokenomics
The total supply is 1000000 FRB tokens
0.1% — 1000 FRB for providing tiny liquidity
1.5% — 15000 FRB tokens for sale from the protocol (Phase 1)
1.5% — 15000 FRB for providing liquidity on TraderJoe (Phase 1). The rest will be burned (in Phase 4)
5% — 50000 FRB tokens for sale from the protocol (Phase 2)
5% — 50000 FRB for providing liquidity on TraderJoe (Phase 2). The rest will be burned (in Phase 4)
40% — 400000 FRB tokens for sale from the protocol (Phase 3)
40% — 400000 FRB for providing liquidity on TraderJoe (Phase 3). The rest will be burned (in Phase 4)
4.4% — 44000 FRB for marketing
2.5% — 25000 FRB for developers
Liquidity Build phases
Phase 1, 2, and 3 are the liquidity build phases and the sale of tokens from protocol with a fixed price and without a 5% fee.
Phase 1.
This phase started on 1 Dec 2022!
From the protocol (smart contract) can buy a fixed amount of tokens (500 FRB tokens at one time) without a 5% fee and with a fixed price 0.017 AVAX for 1 FRB token (8.5 AVAX for 500 FRB tokens).
Every time, when someone buys tokens from the protocol, 500 FRB tokens go to the buyer (without a 5% fee), and all of these funds the protocol is used for providing liquidity on TraderJoe.
Only a limited number of people can buy FRB tokens from the protocol.
Only 30 people can do it in Phase 1! And when 30 people will buy FRB tokens from the protocol, then Phase 1 will be done. And Phase 2 will be started directly after that.
Phase 2
This phase will start directly after Phase 1.
In this phase, same as in Phase 1, can buy a fixed amount of tokens (500 FRB tokens at one time) without a 5% fee and with a fixed price 0.0255 AVAX for 1 FRB token, a total is 12.5 AVAX for 500 FRB tokens (+50% to price in Phase1).
And all of these funds the protocol is used for providing liquidity on TraderJoe.
Only a limited number of people can buy FRB tokens from the protocol.
Only 100 people can do it in Phase 2! And when 100 people will buy FRB tokens from the protocol, then Phase 2 will be done. And Phase 3 will be started directly after that.
Phase 3
Will start directly after Phase 2.
In this phase, same as in Phases 1 and 2, can buy a fixed amount of tokens (1000 FRB tokens at one time) without a 5% fee and with a fixed price 0.03825 AVAX for 1 FRB token, a total is 38.25 AVAX for 1000 FRB tokens (+50% to price in Phase2).
And also, all of these funds the protocol is used for providing liquidity on TraderJoe.
Only a limited number of people can buy FRB tokens from the protocol.
Only 400 people can do it in Phase 3! And when 400 people will buy FRB tokens from the protocol, then Phase 3 will be done. And after that can buy tokens only from DEX (TraderJoe). And the rest of the tokens we will burn in Phase 4.
