Get rewarded for adding liquidity to the Uniswap USDC-XFL pool.

What is Uniswap?

Uniswap is a fully decentralized on-chain protocol for token exchange on Ethereum (DEX) that uses liquidity pools instead of order books. Anyone can quickly swap tokens or earn fees by supplying any amount of liquidity. So far, 72,000 liquidity providers locked $3.63B on Uniswap.

While we are not opposed towards a listing on a centralized exchange (CEX) in 2021, UniSwap will be our primary gateway into the Flame ecosystem on Ethereum.

What is the Flame Token reward program?

One of the main goals of our project is to have an as fair as possible token distribution model. This is done via our Liquidity Provider Subsidy Program. Flame Token is a fixed supply token with a maximum of 21B tokens minted. However, not all of those tokens will be put into circulation from day one. In order to bootstrap the early days of the system and ensure that there is plenty of XFL liquidity, 80% of the total XFL supply will be dedicated to rewards for liquidity providers for the USDC/XFL pair on UniSwap.

How does the reward program work?

The rewards will be distributed via a perpetually deflationary pool. The pool will distribute 0.05% of its outstanding balance, daily, to liquidity providers on the USDC/XFL pool in proportion to the time-weighted liquidity provided by them.

This will be done via staking the USDC/XFL liquidity pool tokens in a smart contract. Liquidity pool tokens that are staked for a longer duration will receive higher rewards compared to tokens staked for little or no duration.

Sustainable token allocation

In order to bootstrap the early days of the system and ensure that there is plenty of XFL liquidity, 80% of the total XFL supply will be dedicated to rewards for liquidity providers for the USDC/XFL pair on UniSwap.

2%

Early Adopters

8%

Initial LP Offering

10%

Treasury

80%

LP Rewards

Start adding liquidity to the USDC-XFL pool!

Flame Token is currently used as the native currency of Sharesome, a social discovery network for content creators.

Our current goal is to maximize the liquidity of the ecosystem and we’re now in the final stages of preparations for the launch of the first XFL trading pair on Uniswap.

How to Guide
Token Economy Paper
Flame Token LP program
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