FLRMOON
PARTICIPATE FOR REWARDS
Just by holding FLRMOON, you will earn reflections in our native token, FLRMOON, as well as, become eligible for a monthly airdrop in wFLR! That means earning recurring rewards on two tokens, just by holding one. With a double edged approach to growth, we decided distributing Wrapped Flare (wFLR) was crucial to our vision. By rewarding holders with wFLR, we are giving them the option to buy more FLRMOON or to sell their wFLR; All in an effort so that they do not have to sell their FLRMOON. This should help keep a positive environment for FLRMOON to take flight. At the same time, giving our holders a token with infinite, new and undiscovered use cases, in the form of free Flare.
IMPROVED TOKENOMICS
Building off of Safemoon's original taxes, we made a few adjustments specific to Flare's ecosystem. Holders will earn FLRMOON and wFLR, every single buy, sell or transfer. We also increased the sell tax, this way we can almost double rewards for our dedicated holders. This creates an environment that only benefits long-term participants in our MoonPool, while penalizing short-term sellers and diminishing negative impact on the project. While no one likes to see red candles, at least when you see them; You will know someone just gifted you more FLRMOON and wFLR!
MULPTIPLE WAYS TO EARN
By utilizing FlareDrops and the monthly Flare distributions, we are able to airdrop wFLR to all FLRMOON holders. This gives them a separate token they can use to buy more FLRMOON, to sell their wFLR, or to compound and earn more rewards. The more FLRMOON and wFLR you have, the more you earn in rewards! Compounding and holding will bring you rewards in FLRMOON reflections, wFLR distributions plus monthly giveaways in wFLR. While the reflections in FLRMOON will be paid out in proportion to your holdings, the distribution of wFLR rewards will be paid out in flat tiers. This will be done to spread the wealth to our smaller holders first, before bigger holders who do not need the boost.