Liquidity Loan, ETH Pairing and Repayment Plan

Liquidity Loan, ETH Pairing and Repayment Plan

Scope of the idea: To enable FOF to provide even more benefits to Floki and our own holders, the next step for FOF would be to launch on ETH chain. ETH chain fees have come down a lot over the last year.

As Floki is trading on ETH, we can provide the same reward system, Which Floki is purchased from the Uniswap pool and sent to holders on the ETH chain.

We can then also link both tokens into the cross chain into FOF X-Chain Swap and enable a 0.5% new swap fee where FOF tokens are collected and then sent for burning.

It will also allow more flexibility with exchanges and other platforms, as well as to holders who even to this day struggle with BNB accessibility.

One idea is as a further use case for FOF would be; we can then also look at our NFT’s being purchased in FOF on ETH chain.

Points: • The FOF Token CA on ETH would be matched to BNB chain. • The starting supply would be 100,000,000 FOF (ETH). • Deployer and Marketing Wallets would be the same addresses as on BNB Chain. • A Liquidity Loan of BNB LP would be required, which would equal to 3.5 BNB. This would mean selling some of the remaining spare tokens, which will lower the price of FOF BNB, however this would be on a loan base. • We would also offer a limited number of 30,000,000 FOF BNB tokens to be migrated over to the ETH chain (manually down to avoid further price impacts on BNB). Tokens that are migrated over from BNB to ETH will then be burned on the BSC chain, lower the supply. • This Liquidity Loan would be repaid via (in part) the marketing tax from the ETH contract for a period up and until and of July 2025, or until such time the 3.5 BNB is replaced if sooner. The condition of this repayment would also mean the tokens purchased would then be burned out of the BNB supply, so we are just adding BNB into the LP pool on BNB PancakeSwap. We also have a small amount of LP from an old contract we will have access to in the summer, which we will use the buy and burn FOF on BNB and ETH Chain, lowering the supply further to the target levels over 100 million FOF on each chain, or even less.

Summary: This proposal is a very important one, as there will be a temporary impact to the price on FOF on the BNB chain. This however will mean the HOARD contract will have the opportunity to purchase more FOF tokens per $ volume. Meaning more FOF rewards potentially for HOARD holders. Holders are being asked to think carefully around this, it is a straightforward For or Agent proposal. I do hope holders will see the logic in a short-term impact with the aim of a longer-term gain and development. At this time the market is very flat, and it is a good time to build and set the project up for the bull market which we all hope is on the horizon.