The total issuance of FTX is 200 million tokens, designed to balance market supply and demand and ensure the stability of the token's value. Of these, 20% represents the company's ownership, enjoying 20% equity. The design of this total issuance takes into account the long-term development plan of the project and the healthy operation of the ecosystem.
FTX holders will have decision-making power matching the number of tokens they hold, implementing a coin-voting governance mechanism. The distribution of these rights aims to inspire the participation of token holders and drive community development. Holders will have the opportunity to participate in key decisions, ensuring that the project develops towards common goals. This rights structure lays the foundation for the sustainable development of the project, making the ecosystem more inclusive and decentralized.
The operational framework of the Fire Token (FTX) includes mining and airdrop mechanisms designed to incentivize the participation and contributions of consensus participants. Mining involves completing specific tasks or contributing computational power, giving consensus participants the opportunity to earn FTX rewards. This process not only provides decentralized security for the project but also encourages users to actively engage in the network's development.
The Fire Token reward program aims to incentivize consensus participants and community members who contribute to the project's success in various ways. The reward program may cover the following aspects:
The establishment of a reward program not only increases the project's attractiveness but also helps build closer community relationships, driving the project towards common goals. This framework aims to ensure the healthy development of the project and motivate consensus participants to actively contribute to its prosperity.
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