After the success of our Private Sale and IDO rounds for $FRAG, we are excited to welcome so many new members to the Fragmint community and platform as well as to the Evedo ecosystem as a whole!
Thank you for your immense support and participation in these early stages!
As we are dedicated to bringing great value and rewarding early supporters of Fragmint: The first NFТ platform for modular art and formable DAOs, today we are excited to announce that $FRAG token staking is now available on Fragmint.com!
With this latest update, you will have a chance to continue growing your wealth in any market conditions while helping us build the future of Web3!
$FRAG Staking Gen 1
(6 months: Oct 2022 – April 2023)
10 Mill Tokens Total Allocated
- 5 Mill to start
- Additional 5 Mill deployed to Increase reward after 200 stakers are reached
- Users can withdraw their staked tokens at any time
Restake for Compounding
- Interest is calculated every second and can be claimed or re-staked by users for compounding
Dynamic Pool & High APY
- Return Interest is calculated based on the reward pool amount and period of time to distribute, divided by participating users
As this is the earliest available version of $FRAG Staking, we will be continuously working on developing more innovative staking mechanisms to provide better value to you – our community.
$FRAG Token TGE & Vesting
$FRAG listing date is: Oct 13, 3:PM UTC on PancakeSwap
$FRAG gives you the opportunity to make decisions about the future of the platform by expressing your opinion on available choices that concern the development of the platform, as well as on upcoming auctions.
Holding amounts of Fragmint’s native token will bring utility, including:
- Better Staking Returns
- Special NFT Drop Voting Rights
- Access to DAOs and Governance
- Higher Royalties for Artists
$FRAG has a deflationary mechanism that will reduce its supply over time. For instance, different voting participation will cost a certain amount of $FRAGs. Half of the costs will be burned and the other half will go to an “Airdrop Pool”.
By participating in DAOs, token owners will be able to vote on matters such as selling a part of the art (a fragmint) on secondary markets, moving the NFT art, etc.
More Utility is On The Way!
We are constantly working on adding more value to the community. October is a pretty exciting month for us with many events, IDO announcements, and partnerships that keep us motivated to keep building and adding more benefits for you.
Find Fragmint on social media and keep track of the latest updates on the project.