Update — 1st Quarter Bonus of FYN Staking Program

Katalyse.io
3 min readApr 4, 2018

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Dear FYN Members,

We are sure you must be waiting for the first quarter staking bonus. Entire FYN team is working relentlessly on the staking program and distributing the bonus to all our beloved FYN members.

But as we all know, the entire cryptocurrency market (including ETH and BTC) is poor at present, releasing the staking rewards is likely to make the situation worse.

For the first quarter staking reward, the amount will be disbursed over 3 months to minimize the impact on the price. The disbursement dates will be

30th April 2018–5%
30th May 2018–5%
30th June 2018–5%

**Please be noted that we’ll do the snapshot of your FYN token balance in your wallet on April 6th. So please make sure that all your FYN tokens will be transferred into your wallet address indicated on fundyourselfnow.com profile page before April 6th.**

Depending on the market conditions, we might be announcing further changes to the staking program in June.

We strongly encourage you to join the FYN staking Program. In case, you have any questions, feel free to ping us on Telegram.

Thank you so much for taking time to read this, and we look forward to your continuous support.

For all those who are new to FYN staking, please read through the below post.

To be eligible for the FYN Staking program, you must:

  1. Hold at least 10 FYN tokens and transfer all your FYN tokens back to your ETH wallet registered in your FYN profile.
  2. Join FYN telegram group at t.me/fundyourselfnow.com.
  3. Sign up on www.fundyourselfnow.com and put in your ETH address and Telegram username in your profile.

FAQs for Staking Program

  • How it works?

FYN Staking program is aimed at improving our community and rewarding our true holders. For example, if you hold 10 FYN tokens in your wallet (registered in your FYN profile), you will be getting FYN tokens, which will be sent to your wallets every quarter. The staking programme will be conducted at the end of every quarter until 2019, lasting a period of 2 years. The cumulative reward is more exciting and you can reach around 155–200% growth if you keep your tokens intact in a single place. To help you visualize, let’s check the staking schedule and cumulative rewards table.

Staking schedule and cumulative rewards
  • How to calculate?

Let’s say you have 100 FYN tokens in your wallet (registered in your FYN profile). You will then be getting 100*15%=15 FYN tokens for the 2018 Q1 staking bonus.

  • What should I do to join this staking program?

>>For FYN holders, you need to make sure of 2 things:

1. All your tokens is held in the ETH wallet and registered in your FYN profile on April 2nd.

2. Join FYN telegram group and put the correct telegram username into your profile.

>>For newcomers, you can go to these exchanges to get some FYN tokens first:

Hitbtc: https://hitbtc.com/exchange/FYN-to-ETH

Coss.io: https://exchange.coss.io/pair/fyn-eth

Forkdelta: https://forkdelta.github.io/#!/trade/FYN-ETH

Radar relay: https://app.radarrelay.com/#

IDEX: https://idex.market/eth/fyn

  • What is a telegram username?

Not sure what your @username is? You can check your Telegram settings or get the answer at here. And please remember to include the “@” before your username.

  • When can I get the bonus?

You are expected to get 2018 Q1 staking bonus during April 3rd to April 5th (But now changed to April 2018 end)

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