FIRE BALL is a decentralized, rewards platform operating on the smart contract.WHAT IS FIREBALL?It is a decentralised reward system on the smart contract. Whenever FIRE is moved 5% is destroyed and 5% is distributed to stakers. Fireball is a di-functional autonomous staking rewards and gaming platform.
The ideology of fireball is to burn FIRE token while only the holders/stakers really get rewarded on a long run.
Fire shall have a total supply of
50,000 and final supply of
500 and no further token is minted.
F E A T U R E S - Deflates 10% on transfer
5% of those is shared to stakers - Staking dashbord
reward Pool - Hack-proof High
Security Smart contract - Autonomous and
Decentralised
Current market situation and Fireball impactInflationary model allows for more circulation of tokens in the market which directly reflect on the price in downward manner. Deflationary disallows hyper-inflation, reduces the tokens in circulation and creates market scarcity which directly affects price movement in positive way.
DeflationaryFire token charges 10% fee for every transaction on eth network. 5% of the transaction is burnt and 5% distributed to stakers immediately according to their amount.
Ignite FireAll staking is programmed to remain for at least 30 days while receiving staking reward. Rewards are paid from 5% transfer fee.
Quench FireEvery stake lasts for minimum 30 days. Any unstaking will attract 20% fee which is distributed to stakers.
Ignite over 30daysThere will be other reward for igniters who stake over 60 days, 90 days, 120 days and 150 days without pressing the quench button... This shall be announced in our social media channels soon.
WHAT PROBLEMS DOES FIREBALL SOLVE?It is a high reward system with staking functionality and a gaming platform.The Fire token powers the ecosystem and serve as high-yield store of value because of its upward price action