$FANS/ETH ILO Coming to SakeSwap!

UniqueOne Network
3 min readApr 1, 2021

$FANS rewards in new SakeSwap $FANS/ETH ILO and other LP April updates…

$FANS/ETH ILO Coming Soon to Sake Swap!

$FANS/ETH ILO coming to SakeSwap will receive 700 $FANS rewards daily. This is in addition to any SAKE rewards from the platform.

April LP Reward Updates until Polkaswap DEX

It doesn’t seem that long ago, but we’ve come quite far since the community passed the Tokenomics Governance in 2020. In 2020, there was just the $RARE token and one liquidity pool on Uniswap.

Then came $FOTO — and now there’s $FANS — and a lot more options for the community to get the best situation when providing liquidity.

In keeping with the proposal, we promised to keep the community updated on any changes necessary for the benefit of the community and all token holders that support the projects.

Completion of the bonus rewards Q1 Period

Our first reward pool ever, RARE/ETH on Uniswap, initially offered a double daily reward (2 x 500) $RARE for the first 90 days. Then a community consensus was passed to double those $RARE rewards again (2 x (2 x 500)) until the end of March 2021.

While it was always our plan to move liquidity to Polkaswap DEX for its Q2 launch, good tech takes time. Development timing has put us in a position to make some quick pivots for the betterment of the community.

Now that we’ve come to the end of March, we’ve spent a lot of time reviewing the current tokenomics of LP distribution following the completion of the $RARE bonus Q1 period.

We’ve also taken into consideration the introduction of the new $FANS token in the Unique Ecosystem — and have made some beneficial changes in appreciation of $RARE, $FOTO, and $FANS token holders.

We discovered LPs could get a better return with increased $FOTO rewards for Uniswap FOTO/ETH pools by consolidating on Uniswap alone.

In short, $FOTO rewards previously allocated to the Balancer RARE/WETH pool will now be allocated to the Uniswap FOTO/ETH pool. As such, the Balancer RARE/WETH pool will no longer be supported with additional rewards.

Key Current April Liquidity Pool Updates

👊🏼All $RARE rewards will be allocated strictly to the RARE/ETH pool on Uniswap at the normal rate (Q1 double-double rewards have completed).

👊🏼The Uniswap RARE/ETH pool will now also receive a new token reward — 400 $FANS rewards per day!

👊🏼 FOTO/ETH pools will now receive an additional 10,000 $FOTO rewards each per day!

🤜🏼The RARE/FOTO Uniswap pool presently remains unchanged.

What liquidity pool should I enter?

To earn $RARE, $FOTO, and $FANS rewards — enter the RARE/ETH pool on Uniswap.

https://info.uniswap.org/pair/0x306d9c4c195cb49d48599a773e18ab79469811e3

To earn $FOTO rewards — enter the FOTO/ETH pool on Uniswap.

https://info.uniswap.org/pair/0xd2016d02cce088e6a26ef8a43d57adf865cb9d00

To earn $FOTO rewards — enter the RARE/FOTO pool on Uniswap.

https://info.uniswap.org/pair/0xada3b8781dd4137371c4b8d1da7e262e590346a1

To earn $FANS rewards — enter the upcoming FANS/ETH ILO on SakeSwap.

Follow this channel and our Community Telegram Channel for updates on the upcoming FANS/ETH ILO on Sake Swap.

🤜🏼Please note that the 90k $FANS airdrop to $RARE and $FOTO holders and LP Providers according to the April 1st snapshot is not affected by these updates.

🤜🏼Please keep in mind that the Unique.One Token Ecosystem will be moving to Polkaswap DEX as soon as it is available so pools are subject to change.

Upcoming Events

👉🏼Unique.One Rare Limited Edition (RLE) 52 Card Deck NFTs with unlockable $FANS token airdrops on sale April 3rd.

👉🏼Launching in April! Unique.Fans.

👉🏼Launching in May! Unique.Photo.

How to contact Unique.One?

Visit us here Unique.One

Talk to us here Telegram

Follow us here Twitter, Medium, Instagram, Facebook.

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UniqueOne Network

A Substrate-based next-generation NFT application-specific blockchain leveraging Web3.0 interoperability to augment the NFT Evolution.