Fishfactory Protocol has made some progress on community growth and we are grateful for that. There are over 30,000 telegram users, 19,000 twitter followers and 9,400 readers on medium. We take this community seriously and also look forward to seeing their real participation in the protocol development. The community is of great importance to our team and growth of any project. Below are important updates on the ongoing sales and campaign. This updates explains a few changes to token and product release:
UPDATE ON SALES
At the time of this report, only 8,772,631.02 XFP has been sold at 1 MATIC for 10,000 $XFP rate. We require good sales, to meet up with liquidity and developmental goals of the protocol. The following changes will apply:
🔹 The Public sales shall be extended with an addition of 15–20 Days. And rate will be updated to 1 MATIC= 8,000 $XFP, with 5% referral rate in MATIC
🔹 On 1st July, claim button will be enabled.
🔹 We encourage all participate to get as low as 1 Million XFP tokens.
🔹 We target 28k holders if everyone spends 100 MATIC in the sales.
UPDATE ON AIRDROP:
At the time of this report, over 30,000 applicants has applied for Fishfactory P ($XFP) airdrop. The airdrop campaign will end in 4 days time on 25th, June 2022. The 300 Million XFP will be distributed in batches and schedule as follows:
🔹 All sales participants will share 10-20% of the airdrop supply equally. This quantity can be increased based on participation in the ongoing sales.
🔹 All airdrop applicant will share equally 90–80% of the airdrop supply.
🔹 Airdrop distribution will commence on July 30th.
UPDATE ON PRODUCTS
We are developing three products and one use-case being developed by the protocol:
🔹 The CSAAS product will be release in the first week of July. Learn details of CSAAS at: fishfactory.cc/defi/#usecase
🔹 The CSAAS product is the staking product and will permit minimum 500,000 XFP per stake..
🔹 The CFAAS product and RUFAAS use-case will release according to roadmap 👉 here
🔹 The BAAS: Bridge As A Service will go live at end of Sales in July.
UPDATE ON BRIDGE & DEXes
🔹 All trading will commence after the Bridge (Gateway) is live.
🔹 Bridge will go live after sales with a 1:1 ratio and transferable minimum is set at 500,000 $XFP. The bridge will implement a fee of 1000 $XFP.
🔹 Users can use Fishfactory P token as sponsorship (500 XFP fee).
🔹 The Gateway will determine circulation of tokens on Waves Network.
🔹 Trading will start on Waves.Exchange Market: Fishfactory P/USDN.
🔹 Liquidity will be delayed on Quickswap
🔹 We target Liquidity on Puzzleswap on the Waves network.
Find more details on homePage: fishfactory.cc/defi.
Thanks for participating and supporting the protocol. Please share this article and invite your friends to participate in the sales..
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