A streamable token with a total supply of 1. Always. Even across networks. https://fraction.fyi https://link3.to/fraction_token
Fraction TokenNFT? No, even better: FRACTION
One token to rule them all.Note: This post has been published originally on medium.com on April 20th, 2021.Well… Maybe not literally. It isn’t so much interested in ruling over anything, as it is into building a community and sharing — as you will see. It still rules, though. And everyone wants a piece… Eh, no, scratch that. Actually, a fraction. You know what’s so great about NFT’s? What makes everyone go crazy about them? Exclusivity. It’s that one in a million, one in that ever loud and ...
Fraction TokenOwn a FRACTION Past/Present/Future
Note: This post has been published originally on medium.com on June 18th, 2021.Hey everyone! Markus (seliqui) here, the ‘Whale’ of the FRACTION Token Project :) It’s been quite a ride since the FRACTION Token launched on xDaiChain.So I thought it’s a good time to give some insight into what lead to the project in the first place, what happened after the launch and where the project is heading to in the future.As you may have noticed from the current website, the FRACTION Token project is set ...
Fraction TokenNFT? No, even better: FRACTION
One token to rule them all.Note: This post has been published originally on medium.com on April 20th, 2021.Well… Maybe not literally. It isn’t so much interested in ruling over anything, as it is into building a community and sharing — as you will see. It still rules, though. And everyone wants a piece… Eh, no, scratch that. Actually, a fraction. You know what’s so great about NFT’s? What makes everyone go crazy about them? Exclusivity. It’s that one in a million, one in that ever loud and ...
Fraction TokenOwn a FRACTION Past/Present/Future
Note: This post has been published originally on medium.com on June 18th, 2021.Hey everyone! Markus (seliqui) here, the ‘Whale’ of the FRACTION Token Project :) It’s been quite a ride since the FRACTION Token launched on xDaiChain.So I thought it’s a good time to give some insight into what lead to the project in the first place, what happened after the launch and where the project is heading to in the future.As you may have noticed from the current website, the FRACTION Token project is set ...
A streamable token with a total supply of 1. Always. Even across networks. https://fraction.fyi https://link3.to/fraction_token
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Balancer launched on GnosisChain - and FRACTION is one of the first whitelisted tokens there with already some pools in place!
Instead of being limited to to direct 50:50 pairs with other tokens like on Honeyswap, Balancer allows the combination of multiple assets, as well as different constellations.
A few months after the project opened up its first pools on Honeyswapin April 2021, FRACTION opened additional pools on the Balancer fork “Symmetric v1” - including a Minerva Wallet Streaming Farm to incentivize providing liquidity there. But unfortunantly the Ecosystem didn’t fully adapt that fork - not all aggregators would route through those pools. Or Coingecko wouldn’t add it as a DEX, distorting the actual trading volume and liquidity.
Shortly after Balancer added GnosisChain to their UI, FRACTION opened up its first 50:50 FRACTION-MIVA pool. That opened up new possibilities for tackling the liquidity shortage - something the project struggles with since the beginning.
To move the project owned liquidity from Symmetric to Balancer, a Snapshot Proposal has been set up. This proposal finalized on March 23th with a “For” outcome. Afterwards the project retracted it’s own liquidity, swapped pooled SYMM to GNO and placed everything in the new 40:40:20 FRACTION-MIVA-GNO pool. A Lenster-Post with links to all proofs/tx can be found here.
The FRACTION Token has been added to the Balancer Tokenlist, adding additonal trust by not showing the “unlisted” warning banner on pools with FRACTION in it.
If you want to provide liquidity for FRACTION on Balancer, but aren’t sure how to do it - here’s a short ‘How-To video on lenstube.xyz for MIVA (FRACTION works the same)
In the long term, the Balancer pools could become the central place for FRACTION liquidity, not only on GnosisChain. That would require some additional steps, but most of all it will always require a Snapshot Proposal to move liquidity for full transparency. Every FRACTION holder should have the opportunity to cast a vote on such a decision. Follow the projects media accounts or join the DAO to keep updated.
Also, FRACTION Token pools have always been closely entangled with the Minerva Wallet SuperToken (MIVA), so also following its developments is highly recommended.
More informations:
Balancer launched on GnosisChain - and FRACTION is one of the first whitelisted tokens there with already some pools in place!
Instead of being limited to to direct 50:50 pairs with other tokens like on Honeyswap, Balancer allows the combination of multiple assets, as well as different constellations.
A few months after the project opened up its first pools on Honeyswapin April 2021, FRACTION opened additional pools on the Balancer fork “Symmetric v1” - including a Minerva Wallet Streaming Farm to incentivize providing liquidity there. But unfortunantly the Ecosystem didn’t fully adapt that fork - not all aggregators would route through those pools. Or Coingecko wouldn’t add it as a DEX, distorting the actual trading volume and liquidity.
Shortly after Balancer added GnosisChain to their UI, FRACTION opened up its first 50:50 FRACTION-MIVA pool. That opened up new possibilities for tackling the liquidity shortage - something the project struggles with since the beginning.
To move the project owned liquidity from Symmetric to Balancer, a Snapshot Proposal has been set up. This proposal finalized on March 23th with a “For” outcome. Afterwards the project retracted it’s own liquidity, swapped pooled SYMM to GNO and placed everything in the new 40:40:20 FRACTION-MIVA-GNO pool. A Lenster-Post with links to all proofs/tx can be found here.
The FRACTION Token has been added to the Balancer Tokenlist, adding additonal trust by not showing the “unlisted” warning banner on pools with FRACTION in it.
If you want to provide liquidity for FRACTION on Balancer, but aren’t sure how to do it - here’s a short ‘How-To video on lenstube.xyz for MIVA (FRACTION works the same)
In the long term, the Balancer pools could become the central place for FRACTION liquidity, not only on GnosisChain. That would require some additional steps, but most of all it will always require a Snapshot Proposal to move liquidity for full transparency. Every FRACTION holder should have the opportunity to cast a vote on such a decision. Follow the projects media accounts or join the DAO to keep updated.
Also, FRACTION Token pools have always been closely entangled with the Minerva Wallet SuperToken (MIVA), so also following its developments is highly recommended.
More informations:
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