Fire is a smart contract token that burns part of its supply as transfer function is initiated
What is the total supply?
Fire shall have a total supply of 50,000 and final supply of 500 and no further token is minted
Why does fire deflate?
Fire deflation is part of its price behaviour to reward holders and penalise sellers.
Is the smart contract secured?
Fire smartcontract is secured and opensource.
does FireBall solve?
It is a high reward system with staking functionality and a game platform.The Fire token powers the ecosystem and serve as high-yield store of value because of its upward price action
How do i stake ?
Staking of Fire is done on the staking dashboard.Minimum stake is 1.Click the stake button ,put the amount to stake and click to interact with metamask or compartible wallets
Why does UNSTAKING attract penalty?
The penalty is part of the price action that encourages members to hold and to reward stakers.
How does reward determined?
The staking reward is created from 5% tokens generated from the each transfer and shall be distributed to the stakers according to the amount they hold.When people unstake 20% of their tokens are also shared to stakers.
What is the staking duration?
The minimum is 30 days.More reward shall be determined for longer stakers.
Ignite fire means to stake.Quence fire means to unstake.