About FirepotFinance Litepaper and tokenomics

in uncommonlab •  last year 

20230904_020716.jpg

Firepot Finance is a DeFi platform that aims to make DeFi accessible to everyone, regardless of their technical expertise. The platform uses AI to automate DeFi tasks, such as yield farming and asset management. This makes it possible for users to earn high returns on their investments without having to do any manual work.

The Firepot Finance Litepaper provides detailed information about the platform's features, tokenomics, and roadmap. The litepaper also discusses the team's experience and the partnerships that have been formed.

Tokenomics

The Firepot Finance token (HOTT) is the native token of the platform. HOTT tokens can be used to pay for fees on the platform, to participate in governance, and to access exclusive features.

The total supply of HOTT tokens is 1 billion. The tokens will be distributed as follows:

30% will be sold during the public sale.
25% will be allocated to the team and advisors.
20% will be used for marketing and development.
20% will be used for liquidity mining.
5% will be reserved for airdrops and bounties.
The HOTT token will be launched on the Arbitrum network. Arbitrum is a Layer 2 scaling solution for Ethereum that offers fast and cheap transactions.

My Views

I believe that Firepot Finance has the potential to make DeFi more accessible to a wider audience. The platform's AI-powered features make it easy for users to earn high returns on their investments, even if they don't have a lot of technical knowledge.

I am also impressed by the team's experience and the partnerships that have been formed. The team has a strong track record in the DeFi space, and the partnerships with established players in the industry give Firepot Finance a strong foundation.

Overall, I am bullish on Firepot Finance. I believe that the platform has the potential to disrupt the DeFi space and make it more accessible to everyone.

LEARN MORE ABOUT FIREPOTFINANCE HERE:
WEBSITE: Firepot.Finance

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!