Announcing: FTMO Staking Rewards!
Greetings Fantom Friends and Oasis Seekers, it’s been some time since we last checked in. Our team has been quite busy, having officially released FTMO to our presalers while staffing up and wrapping development on our innovative new launchpad platform. With the stunning growth of the Fantom ecosystem in October, we couldn’t imagine a better time than now to officially announce the launch of our Staking Rewards Program today, October 9th, at 4:20 pm UTC.
Providing generous incentives to FTMO holders and LPers, users can now stake their tokens and receive rewards in FTMO. Moreover, by staking their tokens, users will be given priority access to the exciting IDOs our team has lined up.
Anyone that’s joined our Telegram knows, we like to do things a little differently. In that spirit, we’re proud to introduce something new in the launchpad space. We’re ditching “tiers”, “ranks”, dumb titles to try to bait people into buying certain amounts of a token. Moreover, our IDOs will not be exclusive to token holders. We’re opening our doors to everyone
“Well wait, why hold FTMO at all?”
We want everyone still in the launchpad desert to reap the benefits of the Oasis, but in order to keep the Oasis pristine and valuable, we must ensure the greatest opportunities are reserved for our holders. To put it simply, everyone, regardless of whether they hold FTMO, is allowed to participate in our initial launchpad offerings, but only our stakers will receive bonuses relative to both the length and size of their stake. The more you stake, the bigger your bonus, up to a point. We will have floors and ceilings on staking benefits, basically anti-whale mechanics in place to prevent one wallet from soaking up the entire pool or little ones gaming the system. The details of this exciting new linear rewards mechanic are outlined in the FTMO Docs.
Our holders have been waiting patiently but today, they will finally be rewarded. We have so much more to tell you about, including several promising IDOs on our roadmap, so make sure you’re subscribed, make sure you’re in the Telegram, and above all, make sure you’re part of the Oasis.
