Common questions we receive about our upcoming Metaverse.
You can buy $RFOX and $VFOX tokens and participate in the upcoming yield farm to receive $VFOX. $VFOX holders will receive a share of sales made in the Virtual Space, paid quarterly. Ultimately, you will be locking up both $VFOX and $RFOX. You will then receive a liquidity provider token (like a receipt). You will then put that token into a pool, and as a result, you will receive $VFOX as a reward.
This will be based on a number per week. For example, in the first week, 5 million are released and that is divided equally amongst the pool based on the percentage of the pool you hold.
Every single transaction inside RFOX VALT runs through $RFOX token in one way or another.
As far as loans are concerned, we have a number of projects that want to join us that are heavily involved in the DeFi space. Loans, collateral, and stablecoins are in the pipeline.
There is no pressing need for us to have our own wallet.
There will be additional bonuses allocated from land and shop sales.
At this stage, it will just be for receiving rewards but there is potential for additional utility in the future.
There will be 100 (of 120) plots for sale to the public. They will not be increased or decreased at the main level, but there will be local launches in each of the SEA countries. There may be the opportunity to increase at a local level for individual countries such as Indonesia, which have a larger population.
We are implementing measures to reduce the impact on those front-running bots.
This token allows us to pay some of the revenue to holders, burn some $RFOX and then also create an avenue to provide staking rewards to $RFOX holders in the form of $RFOX for an indefinite period of time. There is no other structure exactly like this and without $VFOX none of any of this would be possible.
The RFOX VALT teaser reveals an early stage conceptual build of a potential office design for the RedFOX Labs team. Over the coming weeks, more details will be revealed on exact shop sizes and the city map will be released showing the location of the individual stores. We don't want to give away too much of the secret sauce quite yet but can say we are really excited about how everything is shaping up!