Fodl Finance (FODL) Project Analysis

1. Research Comment

An interest-free leverage project developed by the well-known DeFi whale team 0xb1 who is proficient in the various mechanisms of DeFi projects, it is very innovative and clearly very popular with transaction volume reaching 200 million dollars in just a dozen of hours after its listing by only 2000 holders.

2. Recent Flashpoint

Just getting listed

3. Project Introduction

Fodl enables traders to utilize leverage for their trades without paying a funding rate. This leverage is derived from existing DeFi building blocks, such as Compound and Aave.

4. Token Roles

Liquidity mining

Community governance

5. Token Allocation

Total: 1 billion

Initial liquidity: 20%

Rewards: 40%

Treasury: obtained by buying back fodl

Fold LP rewards: 20%

Development funds: 10%

Team: 10%

Fodl Finance (FODL) Basic Information

Token name: FODL

Project website: https://beta.fodl.finance/

Block query:

https://etherscan.io/token/0x4C2e59D098DF7b6cBaE0848d66DE2f8A4889b9C3

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October 15, 2021