Spark Community

Hi everybody, The initial building phase is almost over, and we are likely a day away from the launch of the testnet on Robinhood Chain. We utilized a model here, where 1% of trading fees will be split 50/50 between token creators and Seedify. On top of that there is an auto-buyback system, so in the end 25% goes to project treasury, 25% goes to Seedify treasury, 25% goes to project token buyback and burns, and 25% goes to SFUND buyback and burns. This mechanism has been engrained into the smart contracts, with a dashboard on site to see the buybacks and burns. At first we will be on testnet, improving everything, and making sure that everything works perfectly, and then we will be auditing our contracts and then do the mainnet launch. Testnet Season will have a reward mechanism of 5% of the tokens, given to builders/token creators, as well as the users with top PNLs. For builders/creators: the ATH of their best token For traders: their PNL at the end of the season will be counted for the seasonal rewards. Make sure to get testnet ETH tokens from the Robinhood faucet we shared it in 4 posts above. Let's get ready