$FOTON Token
See: Key Features and Utilities of $FOTON $FOTON Tokenomics at a Glance Fractional Reserve Release Plan $FOTON’s Role in Nexapia’s Vision
$FOTON is the native utility token of Nexapia, designed to power the ecosystem’s innovative features and reward its community. Built on the Flare Network, $FOTON is capped at a total supply of 100,000,000 tokens, ensuring long-term sustainability and value within the ecosystem. This token plays a pivotal role in enabling staking, rewards, governance, and future platform innovations.
Key Features and Utilities of $FOTON
Feature
Description
Staking
Stake $FOTON in various vaults to earn rewards in $FLR, $SGB and $FOTON.
Governance
Participate in decentralized decision-making by staking $FOTON.
Rewards
Earn from Yield Vault Staking, LP Staking & more.
Liquidity Support
Incentivizes liquidity provision to enhance market stability.
NFT Integration
Block Sapiens NFT holders can stake their NFTs to earn $FOTON rewards.
Future Utility Expansion
Planned use cases to unlock additional value for token holders.
$FOTON Tokenomics at a Glance
Category
Allocation
Purpose
Community Treasury
18% (18,000,000)
Ecosystem growth, platform innovation, and liquidity provision.
Platform Rewards
10% (10,000,000)
Incentivizing community contributions and marketplace activity.
NFT Staking Pool
10% (10,000,000)
Rewarding Block Sapiens NFT holders for staking.
Governance Staking Pool
12% (12,000,000)
Rewards for governance participants to ensure active decision-making.
LP Staking Pool
25% (25,000,000)
Encourages liquidity provision to enhance market health and trading.
Nexapia Team
15% (15,000,000)
Funding team operations with a lockup period and gradual distribution to align with growth.
Initial Token Sale
5% (5,000,000)
Raise funds for platform development and reward early supporters.
Block Sapiens Airdrop
5% (5,000,000)
Rewarding holders of the Block Sapiens NFT collection post-mint.
Fractional Reserve Release Plan
To ensure long-term sustainability, $FOTON rewards from staking pools and other mechanisms follow a Fractional Reserve Release Plan. Each year, 33% of the remaining allocation for relevant pools is distributed, enabling predictable rewards while preserving token longevity.
$FOTON’s Role in Nexapia’s Vision
As the backbone of Nexapia, $FOTON is designed to foster participation, reward engagement, and drive innovation. Whether through staking, governance, or its integration with the Block Sapiens NFT Collection, $FOTON holders are at the center of the ecosystem’s growth.
Further Reading
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