Fox Finance is a community coin and animal preservation project which rewards users for holding $FOX while trying to make the world a better place.
Fox Finance is more than a project governed by tokenomics and marketing. It is, first and foremost, a platform united by its grand mission to improve the planet through habitat and animal conservation. Fox Finance is focused not only on saving foxes either but the other 41,415 animals on the endangered species list too. Fox Finance believes that none of us can survive without tackling larger issues at hand such as climate change. Fox Finance believes that most money including fiat is not used to save the planet but to endanger it, and by controlling its own native currency, $FOX, they can change this, rewarding users for environmentally positive behaviors.
What is Fox Finance?
Fox Finance is an environmentally concerned community coin project which taxes every transaction to reward users for holding coins and not selling. Since its launch in March, the project has acquired 136,000 unique addresses, 20,000 members in its Telegram community, and 40,000 followers on Twitter. This makes Fox Finance one of the fastest-growing community projects in the cryptosphere. Its environmental activism and aspirational mission have attracted a community of highly passionate and engaged users.
The project is also backed by solid fundamentals. 6% of each transaction goes to liquidity with a rolling 4-year lock and another 6% goes to all token holders on a pro-rata basis by the stake. A major component of the project is the FOXES IN ACTION advocacy group, which rewards the community for completing environmentally friendly tasks such as planting trees or cleaning up litter. The project also adopts foxes through the World Wildlife Fund and donates to other wildlife charities. This allows $FOX holders to preserve the planet while also rewarding themselves through DeFi mechanics.
-Environmentally focused community coin
-Deflationary token model
-Transaction tax with half of the rewards paid to token holders
The next major update on the horizon for Fox Finance is an open NFT marketplace on Binance Smart Chain. The project has already minted over 100 NFTs for this purpose and implemented the FOXNFT contract. The NFT marketplace will integrate Fox Digital Merchandise for the entire community to view and buy.
Trustless Donation Pipeline
The trustless donation pipeline will bolter Fox Finance’s commitment to wildlife preservation. A decentralized method of making charity donations through smart contracts. Utilizing special charity vaults in Binance Smart Chain to make the flow of donations as seamless as possible.
BSC Business Suite
A set of contracts, dApps, and other tools for blockchain projects working on the Binance Smart Chain. This is where Fox becomes Fox Finance, equipping businesses to operate on Binance Smart Chain.
In keeping with the project’s belief in decentralized decision making the FOXDAO is a decentralized autonomous organization that will put the control of Fox Finance firmly into the hands of the community.
Source : bsc.news
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