Guidelines for Stakeholders
To maximize benefits and actively participate in the404.io ecosystem, $FOF stakeholders should adhere to the following guidelines:
Providing Liquidity
Liquidity Pools: Stakeholders can provide liquidity to pairs involving the platform’s native token $FOF and various NFTs. The basic trading pair token will be $FOF, but there will also be pairs with stablecoins and $ETH if the liquidity pool exists.
Pair Selection: Choose which pairs to provide liquidity based on your investment strategy. While pairs with stablecoins and $ETH offer stability, the $FOF pairs offer higher staking rewards.
Staking Rewards
Reward Structure: The highest staking rewards will be offered for liquidity provision in pairs with $FOF. This incentivizes users to support the platform’s native token.
Variable Rewards: Each pair will have different staking conditions and reward rates. Pairs with stablecoins or $ETH might offer lower rewards compared to $FOF pairs, reflecting the higher risk-reward profile associated with the platform’s native token.
Liquidity Monitoring and Management
Active Management: Internal dashboard so the stakeholders can regularly monitor liquidity positions and staking rewards. Adjust your strategies based on market conditions and platform updates to maximize your returns.
Liquidity Withdrawals: Understand the process for withdrawing liquidity to ensure you can access your funds when needed. Be aware of any lock-up periods or conditions that may apply.
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