Earn FCT via Using is Mining Mechanism
- FCT, the native token on FuturesCash
- 40% of the FCT token is allocated to FuturesCash community members
- FuturesCash upholds “Users are stakeholders”, utilizes “Using is Mining” as a community reward distribution mechanism.
- All the benefits will be converted into FCT tokens and give them back to the users.
FuturesCash Community-led Growth
Futures Foundation has successfully served 500,000+ users in over 100 countries. FuturesCash is now particularly well-positioned for community-led growth, development, and self-sustainability. The introduction of FCT serves this purpose, enabling shared community ownership and a vibrant, diverse, and dedicated governance system, which will actively guide the protocol towards the future.
FCT Use Cases
FCT is the native token issued by FuturesCash, FCT holders enjoy various benefits, as a store of value, FCT can be securely traded and issued, it is made available on cryptocurrency trading platforms, and can be easily traded between parties. In addition to the above, FCT holders have the power to vote for the development proposals and take part in governing the community.
Users can obtain FCT by using the FuturesCash app, which includes but is not limited to deposits, registration and invitation, rules details will be announced shortly. Now, we are excited to introduce our Using is Mining mechanism.
FuturesCash Staking Program
An initial staking program will go live after the FCT airdrop campaign and it is a sustainable and long-lasting program on FuturesCash. FuturesCash offers three different staking products with significant revenue:
- FCT
- ETH
- USDT
Staking can be considered as a way of liquidity mining, which is a win-win situation for projects and participants. Liquidity mining offers various advantages for DeFi projects and FCT holders, it provides high liquidity to ensure initial growth, the Intelligent and fair distribution of tokens also promotes decentralization of a project.
Users who participate in the staking program can obtain FCT as staking rewards daily, the rewarded FCT can be transferred freely. Stakers who need to exit during the countdown period can do so but will have to pay a 10% fine. More staking products will be available on FuturesCash, please stay tuned.
FCT Buy-Back Process
FuturesCash revenue will be used to buy back FCT on the open market, and the FCT bought-back is transferred to the staking reward pool.
In order to be organic and avoid direct impact on the market, The limit and the frequency of the FCT buyback activity are dynamically adjusted according to the current market liquidity.
In the End…
We see the community as an act of a Token Economy. FCT token is a certificate of value, it is on par with the creation of FuturesCash. Futures Foundation will try to continue our use of token economics through FuturesCash, changing traditional economics using blockchain and improving them through tokenization.
Want to learn more?
- Official Website: https://futures.cash/fct
- FuturesCash Help Center: https://support.futures.cash/hc/en-us
- FuturesCash Staking Program: https://support.futures.cash/hc/en-us/articles/4408218628249-FuturesCash-Staking-Program
Have question? Contact us:
