FaraStarter Guidelines
  • 🧐Introduction
  • 📖Guides
    • I. How to join IDOs
      • 1.1. Connect Wallet
      • 1.2. Stake
      • 1.3. KYC
      • 1.4. Apply Whitelist
    • II. Tier and Reputation
      • 2.1. Tier Determination
      • 2.2. Snapshot Policy
      • 2.3. Staking Policy
      • 2.4. Launchpad Policy
    • III. Staking
      • 3.1. Where to stake?
      • 3.2. How to stake?
      • 3.3. How to unstake? - From FaraStarter.com
  • ❓FAQs
    • I. Get Started
    • II. KYC
    • III. Staking
    • IV. Whitelist
    • V. Allocation Result & Buying
    • VI. Claim
    • VII. Network Token Purchase Guidelines
      • 7.1. Avalanche Network Token Purchase Guidelines
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  1. Guides
  2. II. Tier and Reputation

2.1. Tier Determination

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Last updated 3 years ago

Users will either choose to stake single FARA or provide liquidity on a FARA-BNB pair on PancakeSwap to earn FARA STARTER POWER (FSP).

Single Staking

1 FARA = 1 FSP

LP Staking on PancakeSwap Liquidity Pool

1 LP (FARA — BNB) = 110 FSP

FaraStarter will have 4 tiers and FSP will be used to determine the user’s tier. The requirements and benefits can be seen below.

  • Owning at least 200 FSP

  • Lottery-based Public Sale allocation

  • Social Media interaction required: Join Telegram groups, Subscribe to Telegram announcement channels, Follow Twitter accounts, Retweet IDO/pool announcement with hashtags and cash tags, etc.

  • Owning at least 2,000 FSP

  • Guaranteed Public Sale allocation

  • Social Media interaction required: Join Telegram groups, Subscribe to Telegram announcement channels, Follow Twitter accounts, Retweet IDO/pool announcement with hashtags and cash tags, etc.

  • Owning at least 8,000 FSP

  • Guaranteed Public Sale allocation

  • Second Priority for Seed & Private Sale Allocation

  • Eligible for Additional allocation if any pool is not sold out after the announced buying time (FCFS)

  • No Social Media interaction required

  • Owning at least 24,000 FSP

  • Guaranteed Public Sale allocation

  • First Priority for Seed & Private Sale Allocation

  • Eligible for Additional allocation if any pool is not sold out after the announced buying time (FCFS)

  • No Social Media interaction required

  • Private Group Invitation

1. Orc

2. Fairy

3. DragonBorn

4. Angel

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📖
  • Single Staking
  • LP Staking on PancakeSwap Liquidity Pool
  • 1. Orc
  • 2. Fairy
  • 3. DragonBorn
  • 4. Angel
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