Cryptocurrency attributes
Other attributes
The FaucetPay team is thrilled to announce creating a utility token of our own. This is a very exciting moment for us since we worked actively for a year to develop and launch the token!
We would like to present Feyorra (FEY).
FEY will be the utility token for all projects associated with WALP Entertainment. On top of that, it comes with several important DeFi features.
FEY is not a part of an ICO, IEO or any other crowdfunding project.
Instead, we’ll distribute all our tokens for free! We offer three ways to get the token:
- Feyorra Faucet — 5% of the supply
- Liquidity Mining — 30% of the supply
- Wager Mining — 40% of the supply
WALP Entertainment will keep 25% and distribute it to the following pools:
- 10% Company Reserve and Founders
- 5% Marketing Pool
- 5% Development Pool
- 5% Legal expenses Pool
FaucetPay has implemented a faucet exclusively for Feyorra.
Selected FaucetPay users will be able to claim 1000–5000 FEY. A total of 50 million FEY will be distributed, and all unclaimed tokens will be burned.
A total of 30% of the FEY supply will be distributed via liquidity mining. To participate, you’ll have to stake your LP token, which you will receive from UniSwap after providing liquidity.
We will share the details about the duration of the distribution soon. Stay tuned!
WALP Entertainment will distribute tokens for playing wagering games. Every time you make a wager, you get a return paid in FEY.
Eligible games will be offered on FaucetPay and other websites. You can bet in any currency to “mine” FEY.
The distribution formula is straightforward: you’ll get 0.07 FEY for every $1 you wager in one of the available cryptocurrencies.
Have you managed to obtain FEY already? Perfect!
Stake your FEY via the smart contract and get an APY from 4.1% up to 410%.
Staking takes place on a decentralized application, meaning WALP Entertainment will not be able to access your funds! Be your own bank!
The APY decreases as more FEY is staked. For instance, if 1% is staked, the APY would be 410%. To get more insights, please take a look at the graph below.
