What Is Futura Finance (FFT)?
Futura Finance token is a revolutionary auto-claim reward mechanism token that enables you to generate passive income by choosing and reinvesting your rewards from a large variety of cryptocurrencies. The $FFT token employs a 12 hour reinvest and rewards cycle with the largest variety of cryptocurrency reward choices of any other token. They have drawn inspiration from very successful projects, taking the best of them with into the FFT economy. They are happy to highlight your exciting innovations and the new utility that this token will have.
Futura Finance Storage Key Points
|Coin Name||Futura Finance|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
This is a concept that was popularized by Safemoon. The mechanism incentivizes token holders to hold in order to earn dividends from the transactions (buys and sells). Redistribution is based on percentage (in the contract), current token balance and number of holders.
This means that whenever a transaction takes place, anyone who is already holding Safemoon will get a percentage of that transaction given to them in more Safemoon. The problem with this, is that in order to turn that Futura Finance into “real” money, you have to sell it, which inevitably brings the price of the coin down.
Popularized by HODL and GhostFace, a transaction fee is applied to every single buy /sell order, tokens are then swapped in real time for BNB and added to a POOL to earn interest (similar to how liquidity pools work). Holders can then go to a website and manually claim the BNB earned at a specific time (daily / weekly / etc..). The BNB they can collect is based on their percentage of token holdings and the current pool size. So if 100 people each owned one HODL coin, and there were 50 BNB tokens in the pool, each holder would get .5 BNB.
They innovated a unique system that auto-claims for every single holder the amount due by giving the option to Futura Finance holders to increase their staking rewards by reinvesting automatically. The goal is to be able to create a passive, ever growing income with your community. The way it works for holders You buy tokens and hold them, every twelve hours you will automatically receive your choice of rewards in your wallet. Not a single action is required.
However, if you would like to reinvest your rewards into $FFT, you will increase your portion of the rewards, and create a passive revenue stream that will grow with our community. You can choose to reinvest all, half, or a portion of your rewards. The amount of $FFT tokens you hold will not change unless you choose to reinvest your rewards.
This system is fair and fully automated, and does not add minimal gas fees proportional to value transferred. Futura Finance number of holders processed through each transaction is dynamic and based on transaction size. Holders will receive dividends from the queue based on their position in the array. Minimum token balance is 10,000,000 $FFT tokens to receive rewards distributions.
Max transaction restriction they have included price protection features such as max transaction amount on any sale. Any transaction selling more than 0.1% of total supply will be rejected. This prevents massive one time sales that drastically affect the token price. Extra 3% Sell fee Swing trading is a common practice that can affect price action. To incentivize holding and reducing pump and dump dynamics, we added an extra 3% sell fee on top of the initial 12% transaction fee.
Futura Finance holder is automatically eligible to receive ADA, BNB, BUSD, CAKE, ETH, and/or FFT from the reward pool. The contract will set aside a number of BNB tokens for the reward pool by using a portion of the tax levied on each transaction (7-8%). After a certain amount of tokens are stored in the contract (0.0001% of the total supply) it initiates a swap. In this context, a swap is the process of exchanging the contract’s token balance for BNBs in order to increase the reward pool and provide liquidity.
After the first time a holder receives Futura Finance tokens, each holder is assigned a claim date (either through purchasing or receiving from someone else). Holders automatically receive their share of the $BNB pool on the claim date, thanks to the contract. The claim date advances to the future after they receive their reward, starting a new cycle.