Author

Topic: [ANN] FloraChain - L1 PoW Blockchain | Ethash | Flora Yield Protocol - Earn USDT (Read 1357 times)

newbie
Activity: 9
Merit: 0
Welcome to FloraChain!

FloraChain is a L1 blockchain that is focused on building a Game-changing Decentralized Ecosystem. FloraChain is powered by Proof of Work consensus that ensures decentralization and democracy. FloraChain ecosystem provides an innovative approach to generate and distribute yield to investors that is the "Flora Yield Protocol" where people can earn stablecoin USDT by staking a special token in the protocol.


Why Choose FloraChain?

Decentralized: Proof of Work consensus - ensuring complete decentralization.

Flora Wallet: A decentralized multi-chain wallet focused on Web3 technology.

Flora Browser: A web browser with reward system created for crypto community.

Flora Yield Protocol: Yield pool that rewards USDT for staking.

Smart Staking: Regular and tiered staking system ensuring incentives for HODLing.

Flora Bridge: Enables cross-chain transactions between FloraChain and other chains.



Official Links

🔹 Website: https://florachain.org/
🔹 Whitepaper: http://d.florachain.org/whitepaper/
🔹 Twitter: https://twitter.com/FloraChain
🔹 Telegram Channel: https://t.me/FloraChainOrg
🔹 Telegram Group: https://t.me/FloraChain_Chat
🔹 Discord: https://discord.gg/58DS5WCunz



Stay tuned for upcoming updates!


SCAM RỒI
newbie
Activity: 5
Merit: 0
Zero pools online with API errors all around,
newbie
Activity: 44
Merit: 0
member
Activity: 750
Merit: 15
What is happening? I thought this one died MONTHS ago... yet it appears someone figures gas fees are small on ETH network so lets make tokens!  Roll Eyes
member
Activity: 289
Merit: 18
Since you wanna mess with tokenomics after launch, how about you just cut the rewards by 10000x? If you can go from 5 to 3 with a flick of a finger, then just go from 5 to 0.00000000000000005. Less sell pressure bro.
newbie
Activity: 28
Merit: 0
BloomFork - Flora Mainnet Hardfork Announcement
Dear Florachain community, we are planning to do some major changes in Flora mainnet with upcoming hardfork. Hardfork date and block number will be announced later.

Proposed Changes:
- Block reward 5 will be split. 3 coin will go to the miners and 2 coin will go to the Flora Pool.

Benefits of this Change:
Miners will be getting 3 coins instead of 5 coins so there will be less sell pressure from miners. 2 coin from each block will go to Flora Pool where those coins will be distributed among stakers and liquidity providers. This will ensure that flora farming pools never run out of rewards. Flora will be the first blockchain to have this feature of automatic coin allocation for farming and liquidity pools.

With this update, APR of farming will be higher because there will be 2 coin per block reward instead of 0.25 coin. This incentive will help us growing the TVL of Florachain.
newbie
Activity: 28
Merit: 0
🔥 FYT PRESALE STARTS NOW! 🔥

Attention everyone! We are excited to announce that the FYT presale has officially started on the Ethereum network, exclusively on the Gempad platform! Head over to Gempad now to get started!
 
🟢 Presale Link: https://gempad.app/presale/0x8B1f3961973C215E12EF06342aF6261B7281E1bC?chainId=1


Why FYT 2nd Round Sale?
 
✅ Uniswap listing. 
✅ Promotion in Ethereum ecosystem. 
✅ Integrate and support Ethereum. 
✅ Enabling arbitrage. 
✅ Fundraising for capital. 
✅ Mutual Fund launch.


Gempad Fixed Sale Details
 
🔹 Start date: 2023-03-19 15:00 (UTC) 
🔹 End date: 2023-03-21 15:00 (UTC) 
🔹 Price: 1 ETH = 1000 FYT 
🔹 Softcap: 12.50 ETH 
🔹 Hardcap: 25 ETH 
🔹 Max supply for sale: 25,000 FYT 
🔹 Liquidity: 60% (locked for 6 months) 
🔹 Uniswap Listing date: 2023-03-22 15:00 (UTC)
newbie
Activity: 28
Merit: 0
🔥 **FloraSwap Analytics is now live!** 🔥

Attention all FloraSwap users on Florachain! We have some exciting news to share with you today. The Analytics feature for FloraSwap, the Automated Market Maker (AMM) decentralized exchange, is now live!

With Analytics for FloraSwap, you can gain detailed insights into your trading activities on the platform. Discover which pairs are performing well, track your trading volume and liquidity, and monitor the performance of your favorite tokens. This information can help you make better decisions when it comes to buying and selling on FloraSwap.

As a leading AMM DEX on Florachain, FloraSwap is constantly working to improve the trading experience for its users. And with the addition of Analytics, we're taking things to the next level. Our platform offers a fast and secure way to trade a variety of tokens, and now you can access even more valuable information to help you navigate the market.

So whether you're a seasoned trader or just getting started on FloraSwap, don't wait any longer to check out the new Analytics feature. It's easy to use and offers a wealth of insights that can help you make the most of your trading experience. Thank you for choosing FloraSwap, and happy trading!

✅ **Analytics Link:** https://info.floraswap.org/
newbie
Activity: 5
Merit: 0
Flora coin (Ethash) Solo Pool Active. Fast Server and instant payment
https://solo-flora.eupool.club/
newbie
Activity: 28
Merit: 0
**Flora Stable Farm is Live**

Flora Yield Protocol's first stable farm on Flora Mainnet is now live!

Farm Link: http://stable.floraswap.org/

FYT and FYT-USDT LP staking has been enabled and you will earn USDT for staking those tokens. Current FYT staking pool on BSC will be discontinued on February 28th. Please withdraw your FYT and claim rewards from that old pool before Feb 28th. We will open regular FLORA farms in March.

If you are transferring tokens from BSC to Florachain via the Bridge and if your transfer seems to be stuck then please check your balance in wallet or address in explorer. Bridge core is working fine but the UI is facing problem due to Metamask bug for custom networks. We are developing a Bridge Explorer and transaction verifier for the users.

Stay tuned and be with Florachain!
newbie
Activity: 28
Merit: 0
newbie
Activity: 28
Merit: 0
We are very sorry for this inconvenience caused to our users on telegram. We don’t know exactly the reason behind why our FloraChain community groups got deleted. But we are sure some guys have reported spam unnecessarily to telegram and they have deleted FloraChain group owners account which made FloraChain group getting deleted. We are contacting telegram about this and will clarify with them. Once we receive any updates we will update the same to you.

NOTE: Don’t create any FUD. We are here. And we have already made a tweet regarding this and our community in discord is active.

New links for telegram


Channel: https://t.me/FloraChainChannel
Group: https://t.me/FloraChainOfficial
newbie
Activity: 28
Merit: 0
IMPORTANT ANNOUNCEMENT

The moment you've been waiting for has arrived - FLORA is now live on Txbit and available for trading in the USDT and BTC market!

Start trading now! :rocket:

👉 https://txbit.io/Trade/FLORA/USDT
👉 https://txbit.io/Trade/FLORA/BTC

SUMMERY LINK: https://txbit.io/Asset/FLORA
newbie
Activity: 28
Merit: 0
❗After a long discussion, we have decided to use the ticker FLORA instead of FLR for our mainnet currency. This change will prevent further confusion between FloraChain and Flare Network. We request everyone including mining pool owners, miners, metamask users to change the ticker to FLORA for FloraChain. Thank you.
newbie
Activity: 28
Merit: 0
📢 FLORACHAIN (FLR) COIN CEX LISTING 📢

Florachain (FLR) is getting listed on Txbit! Starting tomorrow, you can trade FLR on Txbit.

Deposits are open now! 💰 Start making Deposits.

Trading will start around this time tomorrow.

https://twitter.com/txbit_io/status/1626233468521959425

https://txbit.io/Asset/FLR

⚠️ NOTE: Florachain mainnet asset FLR is being listed on TXBIT. Please do not try or make any kind of deposit for FYT (FLORA YIELD TOKENS) into TxBit exchange. Doing so you will loose all your FYT Token holdings. ⚠️

Thank you!
newbie
Activity: 28
Merit: 0
🔥 FYT NEW STAKING POOL LIVE! 🔥

We have created our own staking pool for FYT. Here you can stake your FYT tokens and earn USDT. Rewards will be distributed every 3 seconds and you can check your earned USDT in real-time. There is no locking period nor any tax to stake your tokens.

Stake Now: https://stake.florachain.org/

If you staked FYT in Gempad then please withdraw your tokens from there and stake in our pool instead.

Happy staking!
newbie
Activity: 28
Merit: 0
🔥 FYT is now listed in Bilaxy! 🔥

FYT has been listed in Bilaxy 3 hours after launch. Coinmarketcap and Coingecko listing coming next. Thanks to the community for keep supporting FYT and FloraChain.

✅ Trade FYT on Bilaxy: https://bilaxy.com/trade/FYT_BUSD
newbie
Activity: 28
Merit: 0
Hello everyone,
We would like to notify all FloraChain community members that our FYT Staking pool is live now on Gempad as promised by the team. This is just the start of this project. More pools to be added soon.

Right now all FYT token holders can stake FYT tokens and earn USDT as rewards.

Minimum staking amount is 5 FYT and staking period is 7 days before you can remove your stake and redeem your USDT rewards.

Also we have cancelled our FYT-BNB LP pool after having a long conversation with the team. As both the tokens are volatile so there will be a chances of impermanent loss. We don’t want our investors to lose money. In the future we will open FYT-USDT LP staking pool which will have only 1 volatile token.

Below is the link to our staking pool. Rewards will be deposited after 30 minutes so if you don't want to miss out early gains then stake your FYT asap!

Staking Pool Link:
https://gempad.app/stake/0x1945444c394a981d27788716366B3bCE26fC300B?chainId=56
newbie
Activity: 28
Merit: 0
Dear FloraChain community,
Thank you for this wonderful sale results and thank you for your support and love towards us and FloraChain. Last few minutes were crazy and whole team was on their edge of their seats. We were thrilled to see this kind of response. Thanks to Gempad team for hosting our sale in their platform with maximum support.


What's Next?

☑️ PancakeSwap listing will take place in next 40mins. Once PancakeSwap listing is done users can claim there FYT tokens from Gempad.

👉 FYT Contract Address: 0x77F2BE773CA0887ba2b3Ef8344C8CF13C98d8ca7


☑️ In next few hours we will open our first Staking Pool on Gempad for FYT-BNB LP pair and you can earn USDT as rewards for staking your FYT-BNB LP on Gempad. At this stage increasing liquidity for FYT is our first priority so FYT-BNB LP staking will begin first. Then the 2nd pool will be lauched which will have only FYT staking and the 3rd pool will be for FYT-FLR LP.

Thank you and have an amazing day!
newbie
Activity: 28
Merit: 0
Greetings FloraChain Community and fans!

We are excited to showcase and announce a teaser video of our Flora Wallet. This is the first version of Flora Wallet which has been compiled by the team for UI testing before integrating Flora network into the wallet.

Check the Teaser Video: https://youtu.be/8rijvZWASUc

Note: This is just the base version of our wallet. So please do not point out anything from that video. We are posting this to keep our community updated and hyped by showing that team is working without making false promises.

More updates of our Flora Dex UI and Locker UI will be posted soon.

Our target is to bring all the basic DeFi Apps and resources to our ecosystem. Team is working hard to make this project successful. And we request everyone to support us as much as possible.

Thank you and have a great day!
newbie
Activity: 28
Merit: 0
🔥 FloraChain x DexAlert Collaboration Announcement 🔥

We are happy to announce that Flora team is collaborating with DexAlert. They will be listing $FYT token in their application after Pancakeswap listing. $FYT will be featured in DexAlert App as the "most watched" token.

Using DexAlert app you can check $FYT price and also set alerts for $FYT price changes.

We will make another announcement once we are listed in DexAlert App.

🔹 DexAlert Website: https://dexalert.org/
🔹 DexAlert Telegram: https://t.me/DexAlert_Support

Team is focused on having more partnerships and collaborations with other projects and grow the Flora Ecosystem.
newbie
Activity: 3
Merit: 0
If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck.

SCAM SCAM SCAM SCAM SCAM SCAM
newbie
Activity: 28
Merit: 0
🔥 FloraChain Presale is Live! 🔥

👉 Presale Link: https://gempad.app/presale/0x440983b917262917066EEBD4c66C1Ea0Ef478AF2?chainId=56


✅ Presale will be live for 48 hours then FYT will be listed on Pancakeswap.

✅ There is no hardcap, you can invest any amount of BNB.

✅ FYT staking pool will be available right after Pancakeswap listing.

✅ You can stake FYT AND FYT LP in the staking pool and earn USDT.

✅ Top 3 buyers will get 1500, 1000, 500 FLR as complimentary rewards!
newbie
Activity: 28
Merit: 0
Hello FloraChain family,
We have 2 announcements to be made today.

1. This is to notify all our FloraChain members that the team has organised a competition for Gempad Presale participants who will be taking part in Flora Yield Token (FYT) presale. In this contest we will be awarding 3000 FLR (FLORA COIN) that is equivalent of mining rewards worth of 600 blocks will be shared as a complimentary reward to our top 3 buyers.

🏆 1st Prize   : 1500 FLR
🏆 2nd Prize : 1000 FLR
🏆 3rd Prize  :  500 FLR

This will allow winners to get hold of FLORA mainnet coins without mining and also will be in advantage to participate in FLR-FYT LP pool at start without have to wait for buying FLR from market and earn USDT as rewards. So don’t miss this opportunity to grab free FLR coins.

Note: Rewards will be shared directly to their FYT buying address.


2. Team will be conducting an AMA session with Flora community prior to the sale starting time.
AMA date: 10th FEB 2023
AMA Time: 17:30 HRS UTC
AMA End Time: 18:30 HRS UTC

Process and Rules:

1. From AMA start time we will allow everyone to post there questions on telegram.

2. Please do not create FUD. We encourage you to ask questions whatever comes into your mind. It may be a stupid question you might feel but we encourage you to go for it. But please frame the question properly and don’t accuse team of something or make negative comments while asking questions.

3. We will collect all the questions asked between AMA start and end time.

4. After that we will close the group and start answering to all the questions being asked. It might take 1 or ~ 2 hours to answer based on number of questions been asked. After that we will unlock our group.

5. Please do not repeat any questions. If we find any we will tag you to the previous answers already been given.

6. You can ask as many questions as you would like.

With this process we will not miss any questions and everyone will receive answers to their questions. There is no reward for this AMA session. This AMA is specially been organised for the potential investors who think this project has good potential but having some doubts or questions. This will help them to decide and get more insight of our project and also help other community members to understand about our project.

We encourage everyone to participate in this AMA session.

Thank you and have a great day ahead.

- Team Flora

AMA started on telegram: https://t.me/FloraChain_Chat
full member
Activity: 210
Merit: 100
Coin Scam?Huh

(  ) YES

(  ) NO
newbie
Activity: 28
Merit: 0
Hello FloraChain family,
We have 2 announcements to be made today.

1. This is to notify all our FloraChain members that the team has organised a competition for Gempad Presale participants who will be taking part in Flora Yield Token (FYT) presale. In this contest we will be awarding 3000 FLR (FLORA COIN) that is equivalent of mining rewards worth of 600 blocks will be shared as a complimentary reward to our top 3 buyers.

🏆 1st Prize   : 1500 FLR
🏆 2nd Prize : 1000 FLR
🏆 3rd Prize  :  500 FLR

This will allow winners to get hold of FLORA mainnet coins without mining and also will be in advantage to participate in FLR-FYT LP pool at start without have to wait for buying FLR from market and earn USDT as rewards. So don’t miss this opportunity to grab free FLR coins.

Note: Rewards will be shared directly to their FYT buying address.


2. Team will be conducting an AMA session with Flora community prior to the sale starting time.
AMA date: 10th FEB 2023
AMA Time: 17:30 HRS UTC
AMA End Time: 18:30 HRS UTC

Process and Rules:

1. From AMA start time we will allow everyone to post there questions on telegram.

2. Please do not create FUD. We encourage you to ask questions whatever comes into your mind. It may be a stupid question you might feel but we encourage you to go for it. But please frame the question properly and don’t accuse team of something or make negative comments while asking questions.

3. We will collect all the questions asked between AMA start and end time.

4. After that we will close the group and start answering to all the questions being asked. It might take 1 or ~ 2 hours to answer based on number of questions been asked. After that we will unlock our group.

5. Please do not repeat any questions. If we find any we will tag you to the previous answers already been given.

6. You can ask as many questions as you would like.

With this process we will not miss any questions and everyone will receive answers to their questions. There is no reward for this AMA session. This AMA is specially been organised for the potential investors who think this project has good potential but having some doubts or questions. This will help them to decide and get more insight of our project and also help other community members to understand about our project.

We encourage everyone to participate in this AMA session.

Thank you and have a great day ahead.

- Team Flora
newbie
Activity: 28
Merit: 0
Flora is now listed in MiningPoolStats. Now you can track Flora mining & pool data from there.

https://miningpoolstats.stream/flora
member
Activity: 289
Merit: 18
w00h00.
I love scams. LoL

Mining it now. Patiently waiting for any payments to be processed.

Almost 80Gh on this thing.

I see why people are confused. There was a pre-sale of one thing yet the mined one is not pre-sold... so where are the benefits to even bother mining this if the erc20 token has a pre-sale value?

We all know what this project is, an exit.
member
Activity: 750
Merit: 15
w00h00.
I love scams. LoL

Mining it now. Patiently waiting for any payments to be processed.

Almost 80Gh on this thing.

I see why people are confused. There was a pre-sale of one thing yet the mined one is not pre-sold... so where are the benefits to even bother mining this if the erc20 token has a pre-sale value?
newbie
Activity: 28
Merit: 0
THIS IS SCAM! BE CAREFUL! THIS IS THE SAME PROJECT CALLED PINKCHAIN!
Pointless accusation.
newbie
Activity: 2
Merit: 0
THIS IS SCAM! BE CAREFUL! THIS IS THE SAME PROJECT CALLED PINKCHAIN!
newbie
Activity: 28
Merit: 0
🔥 Flora mainnet is live! 🔥

FloraChain team is excited to announce that Flora mainnet is now live. This is a huge milestone for FloraChain. FloraChain is decentralized from day 1 and will remain decentralized till end of the world. No single entity nor the team has any power or control over Flora blockchain from now. Flora is people's chain! Cheers to FloraChain community! 🥂

To setup a node and start mining, sync with the mainnet by initializing the genesis file. To import genesis, example command:
Code:
./flora --datadir data init flora.json

FloraChain uses port 30500 for communication.

💠 Genesis File: https://d.florachain.org/go-flora/flora.json

🔹 Github: https://github.com/FloraChainOfficial/go-flora
🔹 Source Codes: https://d.florachain.org/go-flora/source_code.zip
🔹 Windows Client: https[Suspicious link removed]
🔹 Linux Client: https://d.florachain.org/go-flora/flora


FYI: Flora team has mined first 2500 blocks. This was done to make sure the chain is stable and to avoid possible chain split / fork after launch.


☑️  Add Flora Network in Metamask:

🔸 Network name: Flora Mainnet
🔸 RPC URL: https://rpc.florascan.io/
🔸 Chain ID: 10500
🔸 Currency symbol: FLR
🔸 Block explorer URL: https://florascan.io/
newbie
Activity: 28
Merit: 0
jr. member
Activity: 94
Merit: 1
✅ Windows Client: https[Suspicious link removed]
Please fix it.
newbie
Activity: 28
Merit: 0
🚨 Flora Mainnet will be launching today! 🚨

Flora Mainnet will be launching in next 6 hours! You can download official node client softwares and source codes of Flora mainnet and be prepared for mining. Genesis file will be shared at launch time.

💠 Countdown For Mainnet: https://www.timeanddate.com/countdown/launch?iso=20230205T18&p0=776&msg=FloraChain+Mainnet+Launch&font=slab&csz=1

✅ Github: https://github.com/FloraChainOfficial/go-flora
✅ Source Codes: https://d.florachain.org/go-flora/source_code.zip
✅ Windows Client: https://d.florachain.org/go-flora/
✅ Linux Client: https://d.florachain.org/go-flora/flora


🔹 Metamask Configuration 🔹

🔸 Network name: Flora Mainnet
🔸 RPC URL: https://rpc.florascan.io/
🔸 Chain ID: 10500
🔸 Currency symbol: FLR
🔸 Block explorer URL: https://florascan.io/
newbie
Activity: 28
Merit: 0
Hey everyone!

This is an important announcement regarding our chain for the miners. We will be starting our mainnet from tomorrow and we request all the pools owner willing to host our chain and miners to prepare for mining. Below is the details of our FloraChain.

💠 Countdown For Mainnet: https://www.timeanddate.com/countdown/launch?iso=20230205T18&p0=776&msg=FloraChain+Mainnet+Launch&font=slab&csz=1

You can download official node client softwares and source codes of Flora mainnet and be prepared for mining. Genesis file will be shared at launch time.

✅ Github: https://github.com/FloraChainOfficial/go-flora
✅ Source Codes: https://d.florachain.org/go-flora/source_code.zip
✅ Windows Client: https[Suspicious link removed]
✅ Linux Client: https://d.florachain.org/go-flora/flora


🔹 Metamask Configuration 🔹

🔸 Network name: Flora Mainnet
🔸 RPC URL: https://rpc.florascan.io/
🔸 Chain ID: 10500
🔸 Currency symbol: FLR
🔸 Block explorer URL: https://florascan.io/


⚠️ FYI: Flora is a true PoW chain. Only miners will be able to mine Flora coins (FLR) and bring it into the marketplace. There is no presale or tokensale for Flora mainnet coins. The Token sale conducted by the team is for Flora Yield Token (FYT) which was earlier concept of SparkFi. Both tokens got different utility in this project. For more information please read our whitepaper.


🔥 Upcoming update for miners 🔥

☑️ Beta version of our wallet will be released in this month. The wallet will be available for Windows, Linux, MacOS, iOS and Android.

☑️ Bridge will be released after FYT sale gets over and listing in Pancakeswap. This will give enough time to mine Flora coins (approximately 10 to 15 days period) and generate enough liquidity to send it to BSC network and vice versa transaction.

☑️ Market price per Flora coin will be decided by the team after looking at the mining difficulty and network cost. Based on which 25%-50% increment will be done on the base price before listing Flora coin in Pancakeswap.

☑️ Team will provide liquidity with small fraction of Flora Coin from premine to set the base price in Pancakeswap. After that it will be upto the miners to list their coins and trade it.

☑️ Until Flora coin get listed in Tier 2 exchange we will list our coin in all the DEX. Also team will open a farming pair for Flora coin, for example FLR-FYT  LP on Pancakeswap for which user will be eligible to earn USDT as rewards. This step has been taken to bring value to Flora Coin and FYT and also for boosting liquidity of both tokens. This will open a Bilateral Trade between FYT investors and Flora Coin miners.

More updates will be announced soon. If you have any queries please ask team rather than creating FUD without reading announcements and making own assumptions. Also Request you to support this project.
member
Activity: 289
Merit: 18
newbie
Activity: 28
Merit: 0
We are pleased to announce that we have successfully listed our Flora Yield Token (FYT) presale on Gempad. FYT contract has been audited by Gempad. Below is the details of the token contract and tokensale information.

🔥 Gempad Presale Link: https://gempad.app/presale/0x440983b917262917066EEBD4c66C1Ea0Ef478AF2?chainId=56

🔥 Token Contract Address: https://bscscan.com/address/0x77F2BE773CA0887ba2b3Ef8344C8CF13C98d8ca7

🔹 Presale Type: Fair Launch
🔹 Allocation: 20,000 FYT
🔹 Softcap: 10 BNB
🔹 Liquidity: 80% (locked for 6 months)
🔹 Presale Start Time: 10-Feb-2023 8:00 PM (UTC)
🔹 Presale End Time: 12-Feb-2023 8:00 PM (UTC)
🔹 Pancakeswap Listing: 12-Feb-2023 9:00 PM (UTC)

Excessive tokens have been locked in Gempad with vesting schedule.

✅ At the beginning only FYT buyers will be eligible to participate in staking pool to earn USDT. Remaining funds after providing liquidity (around 20%) raised in presale will be deposited into the staking pool as reward for stakers to kickstart the pool.

NOTE: FYT has different utility than our mainnet coin which is Flora coin. There is no sale for Flora coin and as this is a true PoW chain, only miners will be able to mine and bring Flora coins into the market.

Partnership Update: We will be soon partnering with Gempad and Gempad will integrate and support our chain on their platform which will allow upcoming project joining our chain to conduct sales on Gempad.

Stay tuned for more updates. Thank you and have a great day!
sr. member
Activity: 296
Merit: 250
Whats base what's the benefit and purpose project?
newbie
Activity: 28
Merit: 0
Hey everyone!

So this announcement is regarding clarification of tokenomics that some people misunderstood and started making FUD.

FloraChain ecosystem has 2 different tokens that are - "Flora coin" and "Flora Yield Token".

Flora coin (FLORA) is the native currency of Flora Blockchain that can be mined using Proof of Work. Flora coin has max supply of 50m and Flora coin doesn't have any presale, seedsale or any kind of tokensale, it is fairly mined by PoW miners - 5 coins per block. 10% of the supply is mined in the genesis block that will be used as staking & farming rewards, browser rewards, developer grants etc.

Flora Yield Token (FYT) is a different token of Flora Ecosystem that serves a different purpose in the ecosystem. FYT is not a coin but an ERC20 standard token so it cannot be mined by PoW. FYT is used in Flora Yield Protocol that lets people stake FYT and earn USDT rewards. FYT will have a presale on Gempad and it will help growing Flora coin and Flora Ecosystem.

If you have any questions then write in our official groups and we will answer.
copper member
Activity: 23
Merit: 1
Look like a scam. Beware.
newbie
Activity: 28
Merit: 0
newbie
Activity: 52
Merit: 0
Very promising! You are talking about very difficult things, what kind of team do you have? The functionality you claim is quite complex and will require 1000 hours of development. It is not possible to develop such services without an experienced team. Could you share links to your developers' LinkedIn?
member
Activity: 322
Merit: 10
FloraChain, a revolutionary decentralized ecosystem focused on driving growth and innovation in the crypto community. Welcome guys nice to  meet you
newbie
Activity: 28
Merit: 0
Welcome to FloraChain!

FloraChain is a L1 blockchain that is focused on building a Game-changing Decentralized Ecosystem. FloraChain is powered by Proof of Work consensus that ensures decentralization and democracy. FloraChain ecosystem provides an innovative approach to generate and distribute yield to investors that is the "Flora Yield Protocol" where people can earn stablecoin USDT by staking a special token in the protocol.


Why Choose FloraChain?

Decentralized: Proof of Work consensus - ensuring complete decentralization.

Flora Wallet: A decentralized multi-chain wallet focused on Web3 technology.

Flora Browser: A web browser with reward system created for crypto community.

Flora Yield Protocol: Yield pool that rewards USDT for staking.

Smart Staking: Regular and tiered staking system ensuring incentives for HODLing.

Flora Bridge: Enables cross-chain transactions between FloraChain and other chains.



Official Links

🔹 Website: https://florachain.org/
🔹 Whitepaper: http://d.florachain.org/whitepaper/
🔹 Twitter: https://twitter.com/FloraChain
🔹 Telegram Channel: https://t.me/FloraChainOrg
🔹 Telegram Group: https://t.me/FloraChain_Chat
🔹 Discord: https://discord.gg/58DS5WCunz



Stay tuned for upcoming updates!
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