$MFER Tokenomics
A value-backed token for contributors and owners of the Fuckery Protocol
Last updated
A value-backed token for contributors and owners of the Fuckery Protocol
Last updated
The $MFER token represents your direct ownership of the Fuckery Protocol and allows you to participate in its governance and supply control mechanisms.
There is only one way that $MFER is distributed. You must contribute to the security of Cardano and stake your $ADA with bonuses for non-custodial staking of Old Money Bills.
The Fuckery Protocol has burning mechanisms to deflate the supply of $MFER over time by network participants.
All the Fuckery Protocol revenue is pooled into the Reserve and Treasury. These wallets are structured to continuously incentivize value creation to raise the worth of the network for its owners.
Open-source and audited smart contract functions drive the movement of $MFER within the Fuckery Protocol.
These are the supply control functions available via smart contracts:
Distribute - Assigns stake pool participants with an allocation of $MFER based each epoch
Burn - A deflationary control mechanism to reward participants for managing the token supply
Exchange - Accepts $MFER for a service or value provided, which acts as a deflationary mechanism
The goal is to make $MFER a hard value-backed token for its holders.
To clarify any assumptions on $MFER, here are several points on its purpose, inception, and usage:
$MFER does not have a price
$MFER will never be sold
$MFER has no acknowledged economic value outside the Fuckery Protocol
$MFER has no official LP
$MFER will not have official liquidity provided via DEX or CEX
$MFER does not pay dividends in return for holding
$MFER is not an investment vehicle
$MFER is not distributed to Founders (or anyone) differently than everyone else
As stated, here is the exact allocation of $MFER to the participants in the Fuckery Protocol.
