Fuzzy.One-Update 13/9/21

Komunidad
2 min readSep 13, 2021

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Tokenomics and Withdrawing from site update

To ensure there is no pump and dump we are initiating a core liquidity pool vault. All users will have their first 20 FUZ tokens placed in HODL in this vault. Any FUZ above the first 20 can be withdrawn. If you want to remove your holdings from the Liquidity pool, you can, but then you will need to wait for it to grow to 20 tokens before you can withdraw again.

The reason for this is to ensure a liquidity pool that helps to maintain a market value which is beneficial to the whole community. Also, and perhaps more important, is that is ensures everyone will participate in earning FUZ either by referring new subscribers or by answering questions and posting articles and playing in the Playathon (play to earn) competitions.

The FUZ amount will vary based on its market value, the current amount of 20 is based on a $5 value per FUZ. Once the market value appears after listing, the FUZ amount will reflect the same value ratio in relation to the market value. The higher the market value, the less FUZ is required to be held in the core vault.

In simple terms: Your first 20 FUZ will be HODL in the site, for the liquidity pool. Once you earn more than 20 FUZ you can withdraw so long as the 20 FUZ is maintained in the vault. Once FUZ has a market value, this 20 might go down to 10, 5, 2 or even 0.001 dependent on the market value of FUZ at the time.

Your HODL is not lost, its yours and it earns you 60% a year, at a rate of 5% per month. This 5% per month is for startup period only, as the community grows, the interest earned will decrease in direct relation to the size of the community until it settles at 6% per annum, or 0.5% a month. So your core liquidity holdings are also earnings and you will always make more by being active in Fuzzy.One. Also, all your interest is redeemable immediately at the begining of every month for immediate withdrawal.

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Komunidad
Komunidad

Written by Komunidad

Komunidad is a Global Community Platform using Return on Knowledge for economic redistribution of wealth.

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