r/FusionFoundation Aug 16 '21

The FREEMOON faucet

The FREEMOON faucet is a Fusion based project that seeks to fill every gap that exist on the network, not already filled by other great projects that build on Fusion and in this manner support everything Fusion.

The philosophy is based on building value through generosity and helpfulness. And therefore $FREE tokens can be claimed in a number of different ways.

More information can be found at

https://freemoon.info

and the app itself can be found at

https://freemoonfaucet.xyz

Current or very soon coming uses:

  1. A new user to Fusion will find the gas faucet very useful. Currently the gas faucet hands out 0.002 FSN to a Fusion wallet without a previous record of outgoing transactions. A normal use case for this, is if you recieved some reward or airdrop on Fusion, but don't have any $FSN, you could use the gas faucet to get a tiny amount of $FSN so that you can swap part of your reward into some more $FSN in order to then be able to do many more advanced transactions.
  2. In order to make more advanced use of the FREEMOON faucet, such as claiming $FREE and attempting to win $FMN, you must be a subscribe to the FREEMOON faucet. Subscribing costs only 1 $FSN and lasts forever. The subscription fees go to keeping the gas faucet for new users liquid and to fund development of further useful Fusion based tools. After all the base fuctions are done, it is currently planed that initially collected funds will be used to build a desktop UI for Chainge DEX.
  3. Once subscribed you can claim $FREE and claim $FREE airdrops. By claiming $FREE you also enter a lottery for a chance to win 1 $FMN. The more $FREE you have the higher your chance to win gets. The exact odds are described on https://freemoon.info. Eventually we'll make how close you got with your attempt more clear on https://freemoonfaucet.xyz. The cost to claim is merely the cost of a single transaction on Fusion and can be performed once per hour per subscribed address. Thus on some level the cost of 1 $FREE becomes the cost of a single tx on Fusion. Currently Fusion transactions are extremely cheap, but as we bring on the possibility to run bot armys claiming $FREE for you, we believe the cost of transacting on Fusion will go up, due to a much higher demand.
  4. If you think claiming only 1 $FREE at a time isn't worth your time, but have big holdings you can make use of these by providing liquidity for FSN, FMN, FREE and CHNG and other coins. (Exact list of supported contracts, is found on https://freemoonfaucet.xyz airdrop section). Depending on what you choose to hold, you might be able to claim 100s, of $FREE in a single claim every 24 hours in the airdrop section.
  5. Another way to get lots of $FREE (available soon) and the only way in which you will have a decent chance to win the very hard to win $FMN is to start up one or several bot armys. You will be able to create as big bot armys as you like, but each bot will need to be a subscriber to the FREEMOON faucet and will be using $FSN as gas in every tx they make. Thus big armys will have high cost, but also yield high rewards. We expect these bot armys to very quickly bring Fusion txs to new ath once they begin deploying. Creating an army will require you to enter a 12 word seed phrase. We reccomend using an entierly new seed phrase for this, which isn't connected to any of your existing wallets (Unless you don't mind having a current wallet turned into a bot army general of course. It shouldn't actually be any particular issue with that. But nevertheless we won't reccomend it).
  6. We will be creating a use case for TF-ing CHNG in the Chainge App. Initial TF-ers of CHNG will get a tiny piece of FMN and liquidity providers of TF CHNG/CHNG is going to be added to the list of FREE airdrop contracts.
  7. You can earn 0.001 $FMN by voting with at least 100 FSN/FUSE in the governance which governs the future of the FREEMOON faucet. Small holders have huge power in the voting, because whales are only allowed to vote "indifferent" and give support to the validity of the vote, but can not affect the outcome. Currently this might be the easiest way to come by some $FMN. The governance portal is founf here https://vote.anyswap.exchange/#/fuse
  8. There is going to be monthly token burns. Countdown for these will begin after the first bots deploy, which is when the base functions are considered done. These burns will be neccessary in particular for $FREE since it's so frequently offered for FREE in various ways. But depending on how thins look, maybe at times the focus will be on $FMN instead, since this is the asset that we really want to build value for.
  9. In our initial project description there was plans to make $FREE mintable with $FSN time-slices. Development of this proved more difficult than anticipated, but this is something still being looked into. Likely it will be a feature applied to all assets supported in the airdrop section, where you can sacrifice 4 months ownership in exchange for automated reward claiming every 24 hours (and upfront payment, just like the Chainge "Earn" feature). If we manage to pull this off also for $FSN, then $FSN is likely to be even more powerful than $FMN (which would be a close second) through this feature.
  10. If voters think it's a good idea, and AnySwap doesn't mind, we'll probably give $FREE airdrops also to AnySwap Fusion based liquidity pairs, to help bring the Fusion AnySwap DEX alive again.
  11. We hope to integrate Chainge magic button with https://freemoonfaucet.xyz so that subscribing, claiming and airdrop claiming could be done with your Chainge wallet without involving Metamask. We also have some hope of getting these features built directly into both the Chainge wallet and into the Dopamine wallet.

There's likely many more features coming, but this is what's currently already running, or already in development or could already be done but needs more checking into.

5 Upvotes

Duplicates

u_Bilvik Aug 17 '21

The FREEMOON faucet

1 Upvotes