📘Tokenomics

FAY token is a crypto token designed to revolutionize the world of social networking. With a total supply of 1 billion tokens, its tokenomics have been thoughtfully structured to ensure fairness, sustainability, and growth.

To kickstart its journey, the Pre Sale is 17% of the tokens, allowing a wider community to participate in the project.

Recognising the importance of incentivising engagement, FAY has dedicated 40% of its token supply to rewarding active participants. This significant allocation ensures that users and contributors who actively engage with the ecosystem are duly recognised and encouraged, fostering a vibrant and thriving community.

A strong and dedicated team is crucial to the success of any project, and FAY acknowledges this by allocating 12% of the tokens to its talented and hardworking team members. These individuals are driven to achieve the project's vision and will play a pivotal role in its development and expansion.

Ensuring the long-term sustainability and growth of the project, FAY has allocated 19% of the tokens to the Treasury. This reserve will be utilised to fund staking rewards and will be refilled from our ads revenue for long term sustainability.

Security is of paramount importance in the crypto space, and FAY is committed to safeguarding its ecosystem. To this end, 5% of the token supply has been dedicated to the Security Fund, ensuring robust measures are in place to protect the community from potential threats.

Additionally, FAY understands the importance of rewarding early adopters and fostering community engagement. In the initial stages, Frenzay will delight early users of the platform by distributing airdrops, accounting for 3% of the token supply. These airdrops aim to reward and incentivise token holders, fostering continued participation and loyalty within the community.

Lastly, ensuring liquidity and accessibility, FAY has allocated minimum of 4% of the tokens to facilitate liquidity on exchanges. This measure ensures that users can easily trade and transact with FAY, contributing to its overall utility and adoption.

With these carefully crafted tokenomics, FAY aims to create a dynamic ecosystem where participants are incentivized, valued, and secure, setting the stage for a new era of decentralized finance that is accessible to all.