FunkyFrog
Description:
FunkyFrog DeFi project with 180% APY re-calculated hourly. In the hyper-competitive DeFi space, this is a critical differentiator. Users staking their $FRO tokens are earning returns at incredibly high rates, and participants are free to stake any number of tokens in their account to help the ecosystem grow.
Project Goals and Objectives
Through this combination of both utility and functionality, FunkyFrog aims to revolutionize yield farming in DeFi by building sustainable and rewarding yields for holders. Which it seeks to deliver as a continually evolving community ecosystem leveraging sustainable incentives via staking while offering lucrative staking rewards. Fuelled with its vision of DeFi, the project places substantial emphasis on community participation and engagements.
Tokenomics
FunkyFrog ($FRO) tokens have been capped with a maximum supply of 1 billion to prevent market imbalance for years to come. Given the focus of the project, a distribution model that rewards early adopters and maintains liquidity on other exchanges was designed. Means, the presale part shall give birth to the main growth with a about 50% tokens alloted for such ends. 30% for the space incentives and 20% for both centralized and decentralized exchange.
ICO Information
FunkyFrog ICO was conducted from 3rd April 2024 to 5th July 2024. Soft cap – 5 million, hard cap – 10 million. Token price starts at $0.00029 and increases each period until ICO ends. This pricing system not only rewards the early adopters but it also shows how much the team understands what the project will be worth over time.
Technology Features
Built with Ethereum blockchain, at the time of writing, FunkyFrog has the greatest scalability and security solution in the ecosystem. Its primary tech features play into APY determining, rewarding holders compounding through each hour. Not only does this dynamic reward structure itself give the token a leading position against major competitors among the large DeFi players within the space, it also makes it one of the most aggressive yield offerings.
Team and Leadership
The FunkyFrog team is made up of experts from blockchain development, marketing & DeFi ecosystem. A positive audit and a testament to the team for transparency and security. They are going to be the shorts that will be sustainable and will be able to reward holders at the national level, but at the same time will be an insane tool to rotate the DeFi in the world.
Roadmap
They are roadmap milestones of development and scale for FunkyFrog. The learning from this experience will lead to plans to further grow the community, the tech behind the token, and partnerships to increase user adoption. Project focus turns to liquidity, token utility and interaction with the other dApps as the whole ecosystem marches onward.