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Favrr Tokenomics
Favrr Tokenomics
  • Abstract
  • Executive Summary
  • Economy Setup
    • Favrr⁠⁢ Token Monetary and Fiscal Policies
    • Favrr⁠⁡ Core Business
    • Pre TGE Phase
    • FAVRR⁠⁢ Token Function
    • FAVEs (ERC 1155 aka Stock NFT) -Intro
    • Permissioless FAVE Launchpad
    • FAVEs - Intrinsic Value
    • FAVEs - Boardroom Challenge
    • Fandom NFTs (Fan Works)
    • Airdrop
    • Payment
    • Platform Transaction Fee
    • Staking
    • Perpetual Reward Pool
    • Penalties for Early Unstaking
    • Token⁤ Burn
    • Governance
    • Scope
  • Liquidity Pool Setup
  • Initial Dex Offering
  • FAVES (NFT Stocks) Sale
  • Permissionless FAVE Launchpad
  • Token Valuation
    • Cashflow Facilitated through the Token
    • Circulation
    • Velocity
    • Token Value
  • Benchmark Token Valuation
    • Price to Fees and Price to Net Revenue
    • Network Value to Transactions
  • Disclaimer
  • Conclusion
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  1. Economy Setup

FAVRR⁠⁢ Token Function

The ⁠⁢Favrr⁠⁢ token is a fee settlement token for the ⁠⁡Favrr⁠⁡ platform, offering discounts and rewards to its users when staked. The token facilitates additional functions such as governance vote on charity donations. List of token functions (including future plan indicated by italics) :

  • Pay fees on the platform via the token

  • Rewards for

    • P

  • Incentive to early adopters (airdrop)

The ⁠⁢Favrr⁠⁢ token ($Favrr) is a deflationary token, facilitated by the platform’s burn policy.

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Last updated 5 months ago