Flash Trade has released details of their new token, $FAF, designed to redefine transparency and revenue flows within a DAO system. The funds raised from the IDO will be invested in the Solana DeFi ecosystem, with excess revenue generated from Flash Trade products being used as rewards for DAO contributors and participants. This approach aims to create a stable reward mechanism, betting on the future success of Solana DeFi. In addition, $FAF stakers will benefit from bonus rewards such as discounted trading fees, referral rebates, and boosted LP yields based on their staked amount. Instead of a traditional team allocation, the tokens will be unlocked based on milestones when new revenue-generating products are launched, aligning the team's incentives with continuous innovation and growth.
