$FUR Seed Fund

Hello Bear Game!!! It’s finally time to talk about the big Grizzly Bear (elephant) in the room. $Fur liquidity. With the launch of the new L2 token, it’s important we don’t have the same issues as $trouts of the past. With the launch of a new token, an initial seed amount is required to lock in an initial liquidity amount. Being a DAO, we are allowed to provide this liquidity.

What is liquidity? - liquidity is the cash/eth value backing of the token.

Why is liquidity important- liquidity is the what drives the actual cash value of the $fur token. Without liquidity provided the token has no value, and the daily accrual of the L2 tokens mean nothing.

Can liquidity be drained- yes, liquidity can be drained to zero. Previous L2 games (that weren’t a DAO) were unable to fund their LP’s due to legalities, and most fizzled out to no value. Being a DAO, there are different rules.

How do we make $fur different than $trout- the plan is to use 50% of the public mint funds to properly maintain the liquidity pool (not all at once, consistent deposits over time, to avoid bot attacks on the LP). We will also use these funds for strategic $fur buybacks (that go into a burn wallet). This gives us hyper deflationary tokenomics, and hopefully a very consistent $fur price.

What happened to $vault- nothing has happened, $vault will be released after the L2 launch. $vault is the Bear DAO game studio master token, it is backed by our vault of nfts. Every game we produce moving forward will have its own token and feed back to $vault, making our game tokens interchangeable. This is a long term vision that will be executed in months and years vs the short term.

Back to initial seed funding- please vote for an initial seed amount of 3, 4 or 5 ETH. This will initially give $fur a solid stable foundation of which we build on to provide value.