How do I Become a FOOL?
Some of us are born this way...
Last updated
Some of us are born this way...
Last updated
So you want to be a FOOL? Well it really isn't that hard. The easiest and safest way is to yield some in our farms.
There will be liquidity on Lootswap (Soon OneFi) but we do not recommend just buying a large quantity on the exchange. We are not trying to get people to pump our token. We want to establish liquidity for our Guild while protecting our members.
Holding FOOL doesn't do much, it is a farm token.
FOOL can allow members to buy into our upcoming project launches and NFT's.
FOOL can be exchanged for our Governance token FGOLD
The true power in the Guild lays here. You have say over proposals passed through level 1, receive dividends from the guilds holdings and hold proof of ownership (FGOLD).
Joining level 2 is a funny thing. You have to do something only a FOOL would do: First give away 1000 FOOL tokens, in exchange you get a token you cannot sell or really do anything with. Welcome to the Club! See what they mean by "a FOOL and his money are soon parted?"
If you want be a lifetime member of the guild it requires a one time 1000 FOOL donation to the Guild wallet for dispersal amongst it's treasuries.
Once established with lifetime membership you will be gifted with 1 FGOLD token. This token has no value, it merely symbolizes you're a lifetime member of the guild, your ownership over the projects and Defi Fund, along with your share of guild profits. This token may be gifted, and a person may collect multiple. But we will not provide liquidity for it nor do we encourage selling it. It also receives dividends from treasury yields and projects.
