FireBall
1. Summary
- Description
-
FireBall is a crypto project built around the FIRE (Financial Independence, Retire Early) concept, aiming to provide passive income through staking pools and yield farming. The project leverages an innovative RFI (Reflective Finance) Token structure that ensures infinite pool rewards while maintaining a fixed token supply. The RFI system functions...
FireBall is a crypto project built around the FIRE (Financial Independence, Retire Early) concept, aiming to provide passive income through staking pools and yield farming. The project leverages an innovative RFI (Reflective Finance) Token structure that ensures infinite pool rewards while maintaining a fixed token supply. The RFI system functions by taxing every token transaction with a set percentage, which is then used to restock the yield farm and staking pools and redistribute rewards to holders.
Key Features
- Fixed Supply: The FIRE token has a fixed supply, ensuring the token's value is not diluted.
- Transaction Fee Redistribution: A portion of every transaction is put back into the yield farm and staking pools, providing continuous rewards for holders.
- Fair System: The taxes collected from transactions ensure fair distribution of rewards to all holders.
- Custom Liquidity Provision: During the launch phase, a dedicated contract held 50% of the initial supply, providing liquidity to the MATIC/FIRE liquidity pool.
Passive Income Opportunities
FireBall offers users the opportunity to earn passive income in two primary ways:
- Staking Rewards: Users can stake their FIRE tokens in designated pools, earning rewards based on their contribution to network security.
- Yield Farming: By participating in FireBall's yield farms, users can earn returns through liquidity provision, trading fees, and token rewards.
RFI Token Technology
FireBall's RFI token structure allows for:
- Taxation of Transactions: A constant percentage of every transaction is collected for redistributed rewards.
- Reward Pool Restocking: Collected fees are used to restock the yield farm and staking pools.
- Rewards Redistribution: Rewards are redistributed to all FIRE token holders, increasing the value of their holdings.
| Price | |
| 52W High date | 4th Mar 2023 (1 year ago) |
| All Time High (ATH) Date | 17th Dec 2024 (2 months ago) |
| All Time Low (ATL) Date | 17th Dec 2024 (2 months ago) |
| Supply & Trading Volume | |
| Trading Volume (24h) | $2.00 |
How does FireBall's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
51,626.9%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | |
| Twitter followers |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://polydragon.io/ |
|---|---|
| Explorer | https://polygonscan.com/token/0xe118e8b6dc166cd836... |
What is the correct contract address for FireBall?
| Polygon-pos | 0xe118e8b6dc166cd83695825eb1d30e792435bb00 |
|---|
Has FireBall been audited for security?
No security audits found for this project.
Are you the owner of FireBall? Edit it here
Subscribe for free
Investment alerts and insights directly in your inbox.
By continuing, you agree to the Stack Terms of Service and Privacy Policy.