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Sustainable Passive Income, Discounts, Raffles & Boosts

1. Sustainable Passive Income
100% of our protocol revenue and 100% of our royalties revenue will be entirely used to buy back our $FRAKT token (with 50% of the total revenue) + provide liquidity for it (with the other 50 of the total revenue). Then we distribute the same amount of $FRAKT token that we buy back to our stakers (neutral market impact passive income inflation) : ● 50% of the buyback will be distributed to BANX stakers (proportionnaly to their amount of Partner points staked) ● 50% of the buyback will be distributed to $FRAKT stakers (proportionally to their amount of $FRAKT staked)
Note that between BANX mint and IDO, 100% of passive income will go to BANX stakers and will be distributed in SOL (as $FRAKT won't be on the market just yet) via our Gamified Staking Experience​

2. Discounts on Flip loans

Every Player point unlocks 1% discount on borrowing fees for Flip loans
Free loans are limited to 500 SOL of given liquidity and/or 30 loans Free loans won't be accessible when utilisation rate of the aggregated lending pool is >= 80%

3. Tickets for Liquidation Raffles

Every Player point unlocks 1 ticket for the Liquidation raffles during which participants can purchase NFTs at up to 50% of floor price

4. Boosts on User Rewards and Referral Rewards

More info coming soon in User Rewards and Referral program sections

5. $HADES rewards

As per Hadeswap tokenomics, 5% of the entire $HADES supply will be distributed to $FRAKT stakers. Starting right after $FRAKT IDO, each staked $FRAKT will yield a total of 0.001332 $HADES, emitted over 18 months (this is true for all staked $FRAKT, including locked staked $FRAKT migrated from $FRKT)