- 1 $YUM = 1 $YUM
- $YUM is the utility token that fuels the FoxFam ecosystem.
- ERC-20 token on Ethereum blockchain.
- Purely through ownership of the the 2D foxfam collection and discretionary airdrops which will not affect the circulating supply in a meanginful way.
- No allocation to team or reservation of any $YUM.
- OG fox owners who have not sold since mint will receive a one time bonus on token release to recognise their support and contributions to the project.
- Fox owners have been earning $YUM since the day they bought their Foxes. Any sale resets that accumulation.
- The primary utility of the $YUM token will be to mint the 3D collection coming later in 2022.
- Minting the upcoming pixel & voxel collections.
- Discounts on future merchandise.
- Minting small batch, limited edition NFTs.
- Auctions & competitions to win NFTs, merchandise and much more
- Part of the tokenomics of the game to be released later this year.
- FoxFam do not plan to provide liquidity at present but like similar utility tokens, community members are free to set up liquidity pools on any popular DEXs if they wish.
- There is no staking mechanism. Holding a fox earns you $YUM.
- Using $YUM within the FoxFam ecosystem will not require you to withdraw your balance first.
- The precise amount of $YUM that each fox will earn will be released once finalised by the team.
- The team are currently building utility for the token to coincide with the token launch.