ADA, BNB, BUSD, CAKE, ETH, FFT, and more!
Each $FFT 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 $FFT 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.
The amount of $BNB available from the reward pool is determined by the following factors:
- 1.The amount of $FFT a holder owns: If a holder owns 1% of the total available supply, they will be eligible for up to 1% of the total $BNB available in the reward pool.
- 2.The amount of $BNB in the reward pool: As more taxes are received from the contract, this increases, and as holders receive their share, it decreases.
Note: Holders must have at least 10,000,000 tokens in their wallet to be eligible for rewards. This may change as the price fluctuates.