Fastyield $FAST IJO on Fantom JetSwap Nov 16th, 5PM UTC! ⏩
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🚀 Starting November 16th at 5 PM UTC 🚀
We are thrilled to welcome Fastyield to Fantom via the Fantom JetSwap IJO Launchpad! This IJO will raise using $USDC. Just so you know, “IJO” means Initial JetSwap Offering.
There will be a 2x $fWINGS farming pool for $FAST — $FTM and a high APR $fWINGS for $FAST pilot pool enabled soon after the IJO. 💵
👉 Get ready for the sale only at: https://fantom.jetswap.finance/ijo 👈
What is Fastyield? 🏃
$FAST is the native token of Fastyield built on the Fantom Network.
Fastyield is a yield optimizer, which enables yield aggregation for holders and users of FAST token.
To facilitate the automation of yield farming and the process of compounding, Fastyield uses vaults. Vaults also enable more efficient utilization of gas, as well as other automated processes, and use different yield strategies to help users grow their assets through automation.
Fastyield has an optimal compounding strategy with an efficient pricing model, designed to encourage long-term yield farming and provide appropriate incentives for long-term holders with automatic profit share through harvest buy back and burns.
🌐 Fastyield Website: https://fastyield.app/
📱 Fastyield Telegram: https://t.me/fastyieldapp
🐦 Fastyield Twitter: https://twitter.com/fastyieldapp
📙 Fastyield Docs: https://docs.fastyield.app/
IJO Information:
- Date: November 16th at 5PM UTC
- End Time: November 17th at 5AM UTC
- Token Ticker: $FAST
- $FAST Address: 0x0299461eE055bbb6dE11fAfE5a0636A0C3Bd5E8d
- Tokens for Sale: 60,000
- Token Price: $8.333
- Fundraising Goal: $500,000 with $USDC
- Per Wallet Cap: $5,000 $USDC
- Style: First-Come-First-Serve (FCFS) Method
The $FAST IJO will take place directly on Fantom Jetswap using the IJO launchpad. The sale method is the First-Come-First-Serve (FCFS) Method so be sure to claim your $FAST tokens while you can. You can find more information about the IJO process here: https://docs.jetswap.finance/exchange-information/initial-jetfuel-offerings-ijos
How to participate in the IJO
What to do to get prepared for the sale:
All you must do is purchase $USDC tokens from Fantom.Jetswap.Finance or have some Fantom $USDC in your wallet prior to the IJO.
What to do during the sale:
- Go to https://fantom.jetswap.finance/ijo and get ready for the sale.
- While the sale is live, commit your $USDC tokens to buy the $FAST tokens. You are purchasing the tokens with your $USDC tokens. This is not the same as “staking”.
- The sale will last for about 12 hours or until all the $FAST tokens have been purchased
What to do after the sale:
When the sale is complete, claim the $FAST tokens you’ve bought. FAST will be listed at Fantom Jetswap with a $9 listing price. Initial liquidity will be 20,000 FAST paired with $180,000 of FTM for a starting liquidity of $360,000.
A 2x FAST-FTM farming pool will be opened to earn FWINGS. There will be a high APR FWINGS to earn FAST pool opened.
👉 Fast emissions begin at 5 PM UTC on Nov 18th. 👈
🏦 Introducing the IJO Sustainable Buy Back and Burn Fund 📈
The Jetswap Team has experimented with a variety of ways to continuously burn the inflationary wings suite of tokens. While an enormous amount of WINGS/PWINGS/FWINGS have been bought back and burned during IJOs, the IJO to fund the burns were 1 time events.
In order to bring long term value to the Jetfuel Ecosystem, net IJO proceeds will be used to fund the IJO Sustainable Buy Back and Burn Fund.
The fund will be deployed on low and low-moderate risk pools to earn yield via various vault contracts. 50% of the yield earned by the fund will be used to compound and grow the fund. 48% of the yield will be used to market buy and burn WINGS/PWINGS/FWINGS, the remaining 2% will be used for gas fees and vault maintenance. The vault will be open to the public if they wish to compound along with the fund.
Got any questions? Join the Jetfuel/Jetswap Telegram and ask away: https://t.me/jetfuelfinance
