FOTA Farming and Check Mechanism
Farm’s Pool value is represented by Point
The pool’s daily reward of 5000 FOTA will be divided among all wallets in proportion to the number of Points in possession:
👉 Link here: https://farming.fota.io/
(In the future, the Pool will have a very high Total Reward from 3% Reward divided from every PVE match)
✅ JOIN FARM
The number of Points is always updated and can be seen at the “?” button on the interface. They are generated when using FOTA Token or LP Token during farm at that time.
To avoid fluctuations in the number of Points generated, if you use LP Token to join farm, you should Add Liquidity pool then farm immediately.
For example, the daily reward distribution is as follows:
On June 17, there were 3 check-in wallets with the ratio of points for each wallet:
⭐️Wallet A : 4 points
⭐️Wallet B: 6 points
⭐️Wallet C : 15 points
If all 3 wallets are all checked-in for that day, the number of points calculated that day is 25 points.
Check-in is the act of dividing the 5000 $FOTA Reward according to the percentage of points for 3 checked-in wallets.
So each wallet will get:
⭐️Wallet A: 5000/25 * 4 = 800 $FOTA
⭐️Wallet B : 5000/25 * 6 = 1200 $FOTA
⭐️Wallet C : 5000/25 * 15 = 3000 $FOTA
❕By June 17th: If only wallet A and B are already checked-in, the total points earned is 4 + 6 = 10 points, then the Reward for each wallet is:
Wallet A : 5000/10 * 4 = 2000 $FOTA
Wallet B : 5000/10 *6 = 3000 $FOTA
❕By June 17th: If only wallet C is checked-in, then all 5000 $FOTA will be divided only for wallet C.
➡️ The Reward earned on June 17th can be claimed on July 2nd (after 14 days)
Similarly, the 5000 $FOTA divided according to the percentage of points in the checked-in wallets on June 18th can be claimed on July 3rd.
✅ Profit Rate LP/FOTA = 25%
With the same amount of investment, using the LP Token farming yields a higher rate of received points, at more than 25%.
For example, if you use $1000 to buy $FOTA and join the farming you would earn 1000 Points. But if you use $1000 to buy LP (including $500 for FOTA and $500 for USDT to Add Liquidity), then you would earn an extra 25% which is 1250 Points..
✅ YOU NEED TO CHECK-IN EVERY DAY TO BE DISTRIBUTED WITH THE REWARD OF THAT DAY.
Profit on the first day will be received on the 15th
Profit on 2nd day will be received on 16
Profit on 3rd day will be received on 17th….
All wallets that join the farm before June 26th can unfarm anytime from June 26th onwards
Wallets that join farm from the aforementioned date onwards will be able to unfarm at any time (immediately) and receive 100% of the FOTA or LP they deposited without any fees.
Also, if you unfarm, you won’t be able to claim the Rewards you checked in the previous 13 days
JOIN FARM as soon as possible, fewer farmers means more FOTA divided to you.
This is when APY of the Farm’s pool reaches its highest point.
(LOGISTICS IS 100% AUTOMATICALLY OPERATED on Smart Contract)
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