Sign in

Stablecoin background

Algorithmic stablecoins are a world unto themselves, but before diving in, it’s worth taking a step back and surveying the broader stablecoin landscape. (Readers who are already well-acquainted with stablecoins might skim or skip this section.)

Overshadowed by Bitcoin’s snowballing institutional adoption, DeFi’s sweltering summer, and Ethereum’s impending network upgrade, stablecoins have been on a tear of late, with a total market cap that has eclipsed $25 billion. This parabolic growth has caught the eye of powerful individuals outside of the cryptoverse, including, most recently, a cadre of U.S. legislators.


We are happy to announce the Genesis Event for Fatcash — Our Algorithm Stablecoin.

What is Fatcash?

Read here: https://fatfi.gitbook.io/fatfi/fat-algorithm-stablecoin/tokens-explanation

FAC Distribution

The genesis distribution of FAC will be available to users who deposit any of the below tokens.

There are 2 kinds of pools: K-Rewards Pool and F-Rewards Pool.

F — Rewards Pool: FAT/BUSD LPs token staking pool.

This is the Exclusive pool that will give x2 rewards during the Genesis Event:

· 20.000 FAC tokens will be distributed in the genesis distribution at the rate of 4.000 FAC tokens per day for 5 days.

K — Rewards Pool

Single Staking Pool will accept below 18 tokens:

- Stablecoins: DAI, USDT, USDC, BUSD.

- Communities: CAKE, BAKE…


The Public Sale date is close, and Fatfi will open it public sale on GUM Pad. Here is what you need to check once again before participate in our Public Sale.

1. Prepare your BSC wallet.

In order to participate in the IDO, users must have a BSC wallet, and sufficient amount of BNB (BEP-20) in it.

YOU MUST TO CONNECT YOUR BINANCE SMART CHAIN TO JOIN FAT IDO

How to connect your Metamask wallet to Binance Smart Chain? Read here

Friendly reminder: The currency used in our Public Sale is BNB, NOT BUSD.

2. How to participate in the IDO?

  • Read the how-to Article from Gourmet Galaxy Team here:

https://gourmetgalaxy.medium.com/how-to-participate-in-gum-holder-offering-guide-to-buy-ido-on-gum-pad-7267eaec4ec3

  • Watch…


Welcome Onboard: Dr Thang Huynh as our Advisor.

Today, we are more than honored to announce that Dr. Thang Huynh, CRO of Kardiachain, joined Fatfi Family as our Advisor.

Dr. Huynh is a postdoctoral researcher at RWTH Aachen University. Prior to this position, he was a S.E.W Assistant Professor in the Department of Mathematics at the University of California, San Diego. He obtained his Ph.D. in Applied Mathematics from Courant Institute, New York University. Dr. Huynh is an expert in the field of mathematical signal processing, more specifically, quantization theory and analog-to-digital conversion methods with particular emphasis on the settings…


The important date is here!! The whitelist for Fatfi IDO on GUM Pad has now officially ended. The registration process was a blast, with over 170,200+ whitelist requests. Our Fatfi family growth tremendously during the process, with over 18,600 Twitter followers and 15,000 Telegram members.

This showed us how much love you guys giving us, and we are truly appreciate that. Within the next 24 hours or more, we will process to:

+ Filter out all entries of bots, to ensure that only real members with credibility is able to join the IDO.

+ Picking out the winners to join…


We are more than excited to announce our first IDO on GUM Pad: Fatfi — DeFi Services Hub with Algorithm Stablecoin.

The token sale will be made in the form of Gum Holder Offering with 2 pools, as explained below.

1. GUM Holders Pool

The first pool will be for the top 50 GUM Holders. They are the strongest holders of GUM, with the highest hold score as calculated follows the formula here.

The top 15 holders will have an allocation of 1.786 BNB, the holders ranking from 16–30 will have allocations of 1.0714 BNB , and the holders ranking from 31–50 will have…


We are delighted to announce that we are diving into the next phases of our public distribution process on GUMPad. In the same essence, we are opening our first phase of Whitelisting for community members. Secure a spot by participating in the whitelisting process for the public distribution IDO scheduled on GUMPad for 15th March 2021.

🔥 Whitelist Requirements

In order to qualify for the whitelist lottery, entrants must:

  1. Follow Twitter: https://twitter.com/FatfiFinance and https://twitter.com/gourmetfinance
  2. Join FAT community: https://t.me/fatfigroup and https://t.me/gourmetgalaxy_chat
  3. Retweet: https://twitter.com/FatfiFinance/status/1368957249104715790
  4. Fill in the entry form, confirming your details: https://forms.gle/uvHPWeLjDGswvvUP9

All entries in the lottery will be checked for valid BEP-20 addresses…


Welcome onboard: MoonWhale Ventures

It is our honor to announce, that MoonWhale Ventures is officially on board as Fatfi.io early supporter/investor.

Moonwhale Ventures focuses on the venture, incubation, and acceleration of crypto projects to help them launch with a secure foundation. Their portfolio includes Avalanche, Celsius Network, Snowswap, and Orion.

Our investors and strategic partners have the expertise, knowledge, and understanding to help grow Fatfi into something we can proudly share.

We are excited by the days ahead on our journey to becoming one of the best blockchain platforms in the world

About Fatfi.io

Fatfi is a decentralized open innovation platform that will foster a collaborative…


Since the Algorithm Stable Coin revolution, the game had changed. Everything you had known about DEFI Yield Farming is “Inflation”, “Impermanent Loss”. With the success of the Algorithm Stable Coin phenomenon, Fatfi wants to leverage this sector to a higher level, which is much more sustainable, and aim for investor’s long-term profit.

Fatfi is a decentralized open innovation platform that will foster a collaborative ecosystem. That is why Fatfi will have a variety range of products, to increase adoption of our Algorithm Stablecoin.

And it is called Fatfi Financial Services Hub

Overview

Fatfi Financial Services Hub is a collects of DeFi…


Welcome onboard: OPW Ventures

It is our honor to announce, that OPW Ventures is officially on board as Fatfi.io early supporter/investor.

Being famous by invest in new, emerging DeFi Startups such as Unilend, Tomochain, Kylin, Polkastarter etc…, OPW Ventures is set to bring the assistance needed for entrepreneurs to create the next generation of leading companies.

With Fatfi. OPW will bring on board the information, advise and resources needed for us to grow toward our goal — a Financial Hub using Algorithmic Stablecoin.

About Fatfi.io

Fatfi is a decentralized open innovation platform that will foster a collaborative ecosystem, with the goal of…

fatfi

Fatfi is a DeFi Ecosystem, with Algorithmic Stablecoin forked from Basis Cash protocol, with extra services.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store