Introducing CryptoFrog.Finance project, a first collectible frog NFT on Binance Smart Chain
CryptoFrog.Finance is the first collectible frog NFT and a yield farming project on Binance Smart Chain. The community can farm the FROG token by providing liquidity to FROG-BNB pair or buy FROG token on PancakeSwap and stake FROG token on the pool to earn more FROG token. After farming enough FROG token community can exchange them for unique FROG NFT on the NFT market as well.
FROG token will be the only exchangeable token to buy FROG NFT, it will be distributed on a limited-time basis, in a deflationary manner.
There will be 180 FROG token generated every block and it will halve every 10 days, 70% of the supply will be distributed through providing liquidity on PancakeSwap FROG-BNB pair only, and 30% of the supply will be distributed though sole FROG staking. The total supply of FROG will be 110 million.
Unlike any farming projects, there will be no additional reward distributed for other liquidity pairs. Since there is no need to intensify any other pairs, this manner will be able to create the deflationary farming experience as well.
Like any other farming, projects have 10% of dev fees, we will have a 5% dev fee accumulated for the development of unique NFT market, and instead of dumping at the market at once, we have chosen to supply the liquidity of FROG token to the market automatically from the contract. While other farming projects supply with other pairs we think this will be much helpful for the market as well.
To farm FROG, some supply should be distributed at the market first. Instead of having a presale for tokens, we will airdrop 500,000 FROG tokens to the holders of PET tokens on Oct 25th. The distribution will be done before the farming of FROG token starts.
Starting of Farming
The farming of FROG will be started on block 1,652,887 . It will likely be opened on Oct 25th, 9 PM UTC +8.