FOLDToken

What is FOLD?

FOLD is the native ERC20 token of the Manifold Finance ecosystem. It serves multiple purposes within our platform, including governance, staking, and accessing premium features.

Token Mechanics

Token Distribution

The initial distribution of FOLD tokens is designed to ensure a fair launch and sustainable growth of the Manifold Finance ecosystem:

• 40% - Community Treasury
• 25% - Team and Advisors (vested over 4 years)
• 20% - Liquidity Mining and Staking Rewards
• 10% - Initial DEX Offering (IDO)
• 5% - Ecosystem Development Fund

This distribution ensures that a significant portion of tokens is allocated to the community and ecosystem growth, while also incentivizing long-term commitment from the team and early supporters.

Governance

FOLD token holders have the power to participate in the governance of the Manifold Finance protocol. This includes:

• Proposing and voting on protocol upgrades
• Deciding on new feature implementations
• Adjusting protocol parameters
• Allocating resources from the Community Treasury

The governance process is designed to be transparent and inclusive, ensuring that all token holders have a voice in the future direction of Manifold Finance.

Staking and Rewards

FOLD token holders can stake their tokens to earn rewards and contribute to the security of the Manifold Finance network. Staking benefits include:

• Earning passive income through staking rewards
• Increased voting power in governance decisions
• Access to exclusive features and services
• Participation in network security and validation

The staking mechanism is designed to encourage long-term holding and active participation in the ecosystem.

Token Security

The FOLD token smart contract has undergone rigorous security audits by leading blockchain security firms to ensure the safety of our users' funds and the integrity of the Manifold Finance ecosystem.