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FitR Whitepaper
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Tokenomics

FST Supply and Earning

FST has an unlimited supply and is earned when a user moves in Exercise Mode.
FST Contract address (BNB Chain): (to be added)

FST Burning (Destroying) Mechanics

  • Burn FST to Renew/Repair NFT
  • Burn FST to Level-up NFT
  • Burn FST to Speed up NFT Level-up
  • Burn FST to Mint new NFTs
  • Others (coming soon)

FMT Supply

FMT is Minted at the Token Generation Event (TGE), with a total of 500,000,000 Minted on a TBD date. Following is the contract address of FMT: (we will update the addresses when available)
Address:

FMT Vesting Mechanics

50% of total FMT will be distributed to users through move2earn and governance participation. To ensure the longevity of the FitR project, the total release of FMT will halve every three years.

FMT Earning Stages

Stage
Prerequisite
Event
Stage 1
Infrastructure prerequisite
FMT Swap/Trade function opened
Stage 2
Utility prerequisite
FMT use case incrementally implemented
Stage 3
Burning prerequisite
FMT burning progress bar installed
Stage 4
FMT Earning Event
FMT earning kick off once the progress bar hits 100%

FMT Earning Mechanics

Level requirement

FMT earning is only available to NFTs that reach Level 40.

FMT Burning (Destroying) Mechanics

NFT
  1. 1.
    Burn FMT to reach Level 40
  2. 2.
    Burn FMT to Transfer NFTs
  3. 3.
    Burn FMT to Mint new NFTs
  4. 4.
    Burn FMT to re-distribute Attribute Points
  5. 5.
    Others (coming soon)
Last modified 1mo ago