The Fly.trade ($FLY) token generation event (TGE) is set for June 6 at 1pm UTC, involving collaboration with Binance Alpha and Kraken. Fly.trade employs a next-generation token model to incentivize traders, stakers, and protocols, featuring innovative mechanics like volume-based rewards, reduced fees, and revenue sharing. The tokenomics involve a ve(3,3)-inspired model where users can mint xFLY, participate in governance, and unlock auto-compounding rewards without lock-ups. Fly.trade aims to become a leading liquidity aggregation protocol across 19+ chains, offering better pricing and reduced slippage, while positioning itself as the go-to trading execution layer.
The $FLY token generation event marks a significant advancement in incentivizing liquidity and trading, enabling users to earn through various innovative reward mechanisms.
With its ve(3,3)-inspired model, fly.trade enhances user engagement by allowing traders to earn rewards and governance power through staking and participation.
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