How does Fee Token Work? All about Fee token and NFT Airdrop.
Fee will be launched with a total supply of 100 Million tokens. 50% of which will be available to claim for Dex users, Opensea users and other ethereum users who have spent more than 1 Eth in gas fees. After claiming, these tokens can be further staked into staking tiers.
Fee Airdrop tiers for claiming the gas fees:
What is Fee staking and what are staking tiers?
Staking will be available for all Fee users and anyone can stake their $FEE token to be eligible for the NFT airdrop.
10,000 Gas Gods NFT collection will be airdropped to top 10,000 users by total staked value per user.
What is NFT airdrop?
The top 10,000 staked users by $Fee staked will be eligible for Gas God NFT airdrop. The NFTs would soon be available for claiming on the website.
What is Gas God NFTs and its utility?
Gas God NTF collection is a utility-based nft collection for fee token and application. The NFTs help you claim gas refunds on your ethereum transactions.
There would be unique NFTs with some rare collection which will enable you to get maximum refund on your ethereum transactions.
Gas God NFTs would be available for claim ( free of cost ) for top 10,000 staked users by staked value.
Eligibility for the NFT airdrop.
At least 100 $FEE need to be staked in order to become eligible for the NFT airdrop but even after this, you must be in the top 10,000 staked users on the platform by total staked value per user.
Note: Top 10,000 stakeholders ( By number of stakes per person ) will qualify for the free Gas NFT minting
What will the GAS GODS NFT do?
Gas God nft will give you access to a dashboard with the ability to get refunds on your gas spent.
Gas Gods NFT will have a 10% royalty fees and all the fees will go back towards gas refunds for the community.
How does Fee token refund gas?
Fee token is a community-based web3 project. So we believe in giving back to the community.
i) Royalty fee on Gas Gods NFT will be used to pool refund wallets
ii) 3% transaction fees on $FEE token will be distributed according to the staked amount percentage.
We are also working on a few revenue models which will also fund the rewards for the gas spends.
Note: The gas refunds will totally depend on transaction fees and royalty earned by trading of NFTs
Twitter : https://twitter.com/FeeToken
