Fantom PUP (fPUP)
  • fPUP on Fantom Network
  • Guides
    • Connect MetaMask to FTM
    • Bridge from Ethereum Network
    • Bridge from Polygon Network
  • Fundamentals
    • fPUP Staking Locations
    • Contracts
    • fPUP Token
    • Stealth Launch
    • Deposit Fees
    • Dividend Pools
    • FarmScan
    • Roadmap
  • Liquidity
Powered by GitBook
On this page
  1. Fundamentals

Deposit Fees

The use of deposit fees.

In previous farms we've used deposit fees to create dividend pools for our users. We've found that these pools were under utilized and when it came to buyback our tokens we did not have enough funds to make a big difference for our users.

Instead, we will buyback and burn fPUP tokens with 30% of deposit fees. These buybacks will occur at key price points in order to protect user funds and keep the token price from crashing. At this same time our main goal is to burn as many fPUP tokens as possible.

The remaining use of deposit fees will be used for advertising, influencer marketing, partnerships, infrastructure, and developer salaries.

PreviousStealth LaunchNextDividend Pools

Last updated 3 years ago