Astronaut is proud to announce our next IDO for Fantomnomics taking place on November 18th 2021 at 3pm UTC!
“Fantomnomics is the spookiest rebase token with a Fantom (FTM) BEP-20 redistribution built into its contract!
What is rebase? It’s basically adjusting circulating capacity i.e decrease by burning out the tokens or increase by adding tokens to supply — including all holder’s and LP’s holding tokens count. This is done in order to adjust the token price, without affecting the value of anyone’s share of coins. This increase or decrease in supply works with a mechanism that adjusts the supply algorithmically
Let our brains grab the above definition with an example
Let’s say at some time x , circulating Supply is 1,00,000 tokens And you hold 1000 tokens each of value 1$. Let us assume that negative rebase happened by 10%.
Now the supply will be 90,000 tokens and your holding count will be 900 with each token valuing to 1.12$ (expected ideal price but in reality it varies depending on various factors)$ 1,000 X 1$ = 900 * 1.12$ $$
But here, ration of your tokens to total supply will remain constant
holding/supply before rebase = holding/supply after rebase
$1,000 / 100,000 = $900/90,000
This causes a very bullish chart that consistently looks like you have immense gains and allows you to easily trend your token on the top tracking websites such as coinmarketcap and coingecko in the top gainers section. In reality though the growth is slow and steady its just the rebase in effect, Now thats a scary thought! “
Astronaut x Fantomnomics IDO Information:
🚨Astronaut will be launching Fantomnomics on November 18th at 3PM UTC🚨
👉WHITELIST giveaway HERE. You don’t need to hold NAUT if you win. This is for the whitelist round.
👉If you didn’t win a whitelist spot, you must hold 1000 NAUT to participate in Round 2 of the IDO.
💰Fantomnomics Raise Amount: $50,000
💰Max Contribution: $75
👉Minimum contribution per wallet: No minumum
👉$FTMNOM per BUSD (IDO): $0.00000125 BUSD
💎STARTING MCAP: $12,500 BUSD
FIRST ROUND : WHITELIST
✅ALL THE WHITELIST WINNERS CAN CONTRIBUTE FROM 3:00 PM UTC TO 3:30 PM UTC. (Guaranteed allocation.)
SECOND ROUND: ASTROSHOT
✅ANYONE HOLDING AT LEAST 1000 NAUT IN WALLET CAN CONTRIBUTE FROM 3:30 PM UTC TO 4:00 PM UTC. (FCFS, allocation not guaranteed.)
💁♂️Buy 1045 NAUT, you will receive ~1000 NAUT in wallet. (4% are BURNT every time you buy/sell.) Keep those NAUT in your wallet until you claim your $FTMNOM.
THIRD ROUND : ASTROROCKET
✅ONLY HAPPENS IF HARDCAP DOESN’T FILL IN ROUND 2. REMAINING $FTMNOM WILL BE PUT ON PUBLIC SALE FROM 4:00 PMUTC TO 5:00 PM UTC. (FCFS, no NAUT required, anyone can participate.)
💰CLAIMING & LISTING will happen simultaneously at [exact time TBA]. $FTMNOM will be listed on PANCAKESWAP.
⚠️Claiming will be open on the same page you bought (please claim your tokens within 1 week of the IDO)
👩🚀POOLS WILL BE HELD ON ASTROPOOL.ASTRONAUT.TO SHORTLY AFTER THE LAUNCH WITH SOME JUICY APR/APY.
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