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Farmdrop

Farmdrop is Finceptor’s new multi-airdrop farming feature designed to work with your $FINC lockings instead of direct token sales. In short, instead of paying for tokens, users earn airdrops by locking their $FINC for 30 days and fully getting the locked back after 30 days.

The pools have limited capacity, and the allocation follows the exact policy used in traditional IDOs, as defined by the Finceptor tier system.

Farmdrop mirrors the familiar structure of IDOs, but with a key twist:

  • Registration Period: Users sign up to participate.

  • Guaranteed Round: Allocation is reserved for FINC stakers just like IDOs in terms of FINC. Then, users deposit FINC tokens that’s locked for 30-days starting from the end of FCFS round.

  • FCFS Rounds: After the guaranteed phase, remaining spots are filled on a first-come, first-served basis, same with IDO policy including the FCFS-1 and FCFS-2.

  • Token Distribution Period: Airdropped tokens are distributed following the defined schedule.

  • Withdraw $FINC Period: 30 days after the end of FCFS Round, users may withdraw their $FINC tokens from the pool.

Farmdrop $FINC deposit pool sizes are expected to be approximately equal with the airdrop pool’s value.

All tiers including the Trial Tier can participate in the Farmdrop, according to their allocations.

FAQs

Can I unstake my deposited $FINC before 30 days?

No, once $FINC tokens are deposited in the pool, users cannot unstake their $FINC tokens before 30 days.

If I unstake my $FINC during the vesting period of the airdropped token, will I be unable to claim the vestings?

No, once 30 days have passed, users are free to unstake their $FINC and will still be able to claim the vestings of the airdropped token.

Will there be any staking rewards in $FINC for the Farmdrop staking pools?

No, there won’t be any staking rewards in $FINC.

What if Farmdrop staking pools are not filled 100%?

Airdrop tokens will be distributed proportionally according to the filled $FINC amount; the airdrop token size won’t change.

Can I participate in multiple Farmdrop offerings through one Farmdrop pool?

No, you can’t. Every Farmdrop offering has its own dedicated pool.

If the airdropped token performs poorly, will users be able to unstake their $FINC tokens early?

No, unstaking the deposited $FINC tokens is not related to the token’s performance. The only option is to wait 30 days.

Are the airdropped tokens released 100% at the TGE?

Each Farmdrop offering will have its own vesting terms, which will be published on the specific Farmdrop offering’s page.

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Last updated 27 days ago