Fuji Climb: Fantom Expedition

Boyan Barakov
Fuji Finance
Published in
3 min readMay 30, 2022

Fuji Climber, the day has come for you to seize the opportunity and become part of the future of FujiDAO governance. This process will be several months long and is set to start on June 1st.

All you need to do is take out a loan on Fantom using Fuji. For those who already have an open debt position, you are already participating in the expedition: just keep the position open and claim your head-start points.

The Higher, the Better

Nothing compares to the view from the top of the mountain. In this campaign as well, your goal is to climb as high as you can by accumulating meter points.

On your way to the summit, you must remain humble before the power of nature, acquire the appropriate equipment and be ready to assist your fellow climbers.

Rules

Deposit collateral and borrow stablecoins using Fuji on Fantom. If you already have a debt position, make sure you keep it open as this is how you earn meter points every day all through the expedition.

Meanwhile, you can boost your score by opening crates. Those may contain powerful artifacts but may also be empty. To buy a crate you need to sacrifice some of the meter points you’ve accumulated up until that point.

Meter points are precious though. Don’t spend them all at once! In fact, your goal is to accumulate as many as you can and eventually transform them into $FUJI.

Choose your strategy

For those of you who have a sense of adventure or strongly believe in their lucky star, the crates are a way to significantly increase the accumulation of meter points. Of course, this also comes with more risk — but isn’t risk just part of the game?

Safety, some may claim, is more important in the crypto world. Those adhering to this philosophy can adopt the tortoise strategy: “slow and steady wins the race.” No need to hurry, indeed. By simply keeping your position(s) open throughout the duration of the expedition, you are sure to accumulate meter points.

Luckily, both those with the need for speed and those who rather play it safely will have the opportunity to multiply their final score.

wen token?!

The intention behind this gamified campaign is to attract a greater interest to FujiDAO’s borrowing aggregation capabilities. Our main goal, nevertheless, is to kick-off the process of decentralization of the protocol through allocating 3% of the community share to active users.

Every climber who makes it to the Locking Ceremony at the end of the campaign will have the opportunity to acquire pre-token bonds.

Spread the news and join the climb on June 1st!

Go to our Discord to stay up to date with all the news about the expedition!

About FujiDAO

Fuji is the borrowing aggregator optimizing your costs in DeFi by automatically refinancing your loans across different markets.

➡️ FujiDAO

As risk is inherent to every expedition, you should be aware of it before taking your first steps. In this, we advise you to go through our docs and understand how DeFi lending and borrowing work so you can be an informed climber.

We wish you all luck in the expedition!

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Boyan Barakov
Fuji Finance

Blockchain DeFi developer, working on @FujiFinance, interested in Machine Learning