$FRMD liquidity pools have been deployed on the Balanced DEX.
Pair
FRMD/sICX
Initial liquidity
$800,000 FRMD / $8000 sICX
The team may supplement liquidity in the future when necessary
Initial Price:
$1 FRMD = $0.01 sICX
$1 FRMD = 0.00306 USD
Based on Current Prices
Note:
Initial price is low by design to prevent massive selling and initial dumping of the token. Our token model is supposed to leverage ecosystem rewards and node rewards to build deep protocol liquidity over time. The following table represents the effects of constant buy pressure created by the node rewards ONLY on the token’s value in a strictly hypothetical scenario:
This should not be taken as financial advice and does not take into consideration, slippage, DEX fees, effect of sec. sales and treasury on the POL, TCG revenue on POL, or users buying or selling the token.
Trading
- Please trade responsibly. Initial liquidity is low and the token price may fluctuate significantly.
- The tax system is active:
- 8% sell tax
- 2% buy tax - Users are not required to provide any liquidity. FRĀMD does not incentivize liquidity providers. As mentioned several times already we are building a protocol owned liquidity instead from the start.
How to add the $FRMD Token to the Balanced UI:
At this point, the $FRMD token is not natively featured on the DEX’s UI. To be able to trade $FRMD on Balanced please follow the steps below:
- Open the Balanced App.
- Connect your Wallet.
- Open the trade page, and open the drop down menu.
4. Paste the $FRMD Token address into the search box.
Token address: cx2aa9b28a657e3121b75d3d4fe65e569398645d56
5. Click on Import.
6. Confirm the import when the following pop-up window appears.
7. You should now be able to view your $FRMD tokens and begin trading.
We thank our community for their continued support. We continue to work hard to provide value to the ecosystem we are building.
To support FRĀMD please delegate as many votes as you can spare towards our node!
Please stay tuned for more announcements really soon!
