Fraction Token https://paragraph.com/@fractiontoken A streamable token with a total supply of 1. Always. Even across networks. https://fraction.fyi https://link3.to/fraction_token Mon, 20 Apr 2026 17:33:20 GMT https://validator.w3.org/feed/docs/rss2.html https://github.com/jpmonette/feed en Fraction Token https://storage.googleapis.com/papyrus_images/7069a0391c1aeaff9f3a20268ca2340335a43e70c5a2c21f5b41e88cbf1320bc.png https://paragraph.com/@fractiontoken All rights reserved <![CDATA[Proofs (2024 edition)]]> https://paragraph.com/@fractiontoken/proofs-2024-edition HuWMqDZgVvVUilwsP1uf Mon, 05 Feb 2024 05:47:20 GMT An overview of 2024 transactions related to FRACTION Snapshot DAO proposals for full transparency.

Snapshot Proposal #11 - [closed]

“Move FRACTION from "Treasury" to "Whale", repurpose account for marketing”

Outcome: Yes. Let’s do this.

Transactions:

1.) Cancel active Superfluid Streams
Cancelled stream Whale→Treasury Superfluid Stream on Polygon


2.) Transfer FRACTION
Move FRACTION from “Treasury” to “Whale”
0xd1800707Ba3e34d5e2e2a3C23A260218113DD98f → 0x388E96Dfe68b30892af93f30F5035602D8d51487

0.060423126758661639 FRACTION on GnosisChain
0.008007551323457652 FRACTION on Polygon
0.007479816991095266 FRACTION on Optimism
0.007479251288409554 FRACTION on Arbitrum
0.007479917194037354 FRACTION on Avalanche
0.007479348161823503 FRACTION on BNB Chain


3.) ENS Subdomain
Delete ENS Subdomain “treasury.fractiontoken.eth”
Create ENS Subdomain “marketing.fractiontoken.eth”
Map ENS Subdomain “marketing.fractiontoken.eth” to address
Set primary name for address

More information:

https://fraction.fyi

https://link3.to/fraction_token

https://snapshot.org/#/fractiontoken.eth

]]> fractiontoken@newsletter.paragraph.com (Fraction Token) <![CDATA[The first pure Super-xToken]]> https://paragraph.com/@fractiontoken/the-first-pure-super-xtoken hY9SBeMKo1u4dM2kt5IB Mon, 15 Jan 2024 10:44:54 GMT Crosschain, baby!

FRACTION's transformation into the first ‘Super‑xToken’ marks a pivotal chapter in the project's journey.

It started as the second pure SuperFluid SuperToken after MIVA (Minerva Wallet SuperToken), and now FRACTION, with the support of Connext, has integrated xERC20 token functionalities, placing it in a unique spot within the token landscape as the first one that is a pure SuperToken AND an xERC20 Token. This integration enables FRACTION to bridge across networks such as GnosisChain, Polygon, Optimism, Arbitrum One, and BNBChain, with the addition of Avalanche C-Chain expected soon. It also serves as a testing ground for expanding MIVA to more chains next year.

However, it's crucial to note that FRACTION is primarily a DeFi experiment and playground, without a specific real-life use case.

This integration marks a significant milestone in the project's multi-chain expansion efforts. Although this approach has not yet fully concluded, users can already move FRACTION between these chains using the Connext Bridge. Additionally, a modest amount of DEX liquidity is now available on new chains, enabling aggregators like LI.FI to offer cross-chain routes (for example via jumper.exchange, the Superfluid Bridge, or Metamask's Swap Feature).

Superfluid and (pure) SuperTokens

Superfluid is a protocol on EVM blockchains that introduces the concept of programmable cash flows, enabling users to stream tokens in real-time on a per-second basis. Pure SuperTokens are tokens that are natively created with Superfluid's streaming payment and instant distribution functionalities, offering enhanced token utility without the need for wrapping an existing ERC20 token. → Read more about it in their Docs

Connext and xERC20

Connext is a decentralized crosschain intent protocol for fast, secure, and interoperable asset transfers and communication across different Ethereum-compatible blockchains. xERC20 (ERC‑7281) is a token standard, first introduced by Arjun Bhuptani of Connext that enables Ethereum-compatible tokens to be seamlessly transferred across different blockchain networks, facilitating interoperability and reducing liquidity fragmentation. → Read more about it in their Docs

Dual strategy: Lockbox and Burn/Mint

The current system operates using a dual mechanism: a Lockbox Mechanism on GnosisChain, its home chain, and a burn/mint approach on the new chains. This implementation strategy strategically utilizes previously minted FRACTION on new chains, repurposing them as fast-lane liquidity within the router.

This arrangement will persist until a new Superfluid Protocol enables the burning of the Token outside the Router in the future. For more details, see the associated Snapshot DAO proposal and the “2023 Proofs” article.

Shoutout

FRACTION, primarily a DeFi experiment, highlights the collaborative efforts for which the blockchain space is renowned.

A huge shoutout to the folks at Connext (Arjun, Eddie, Max, Alex), Superfluid (Fran, Vijay, Didi), and the lab10 Collective (Peter, Thomas, Didi) for their continuous support, without which this milestone would not have been possible.

More information:

https://fraction.fyi/

https://link3.to/fraction_token

https://www.superfluid.finance

https://www.connext.network

]]> fractiontoken@newsletter.paragraph.com (Fraction Token) <![CDATA[Proofs (2023 edition)]]> https://paragraph.com/@fractiontoken/proofs-2023-edition yZfxFt2B2bEiQ9Kqi7tb Wed, 03 Jan 2024 00:58:42 GMT In 2023, a lot happened in the background.

The FRACTION Snapshot DAO started, giving every FRACTION Token holder the option to use their fraction of the token to vote.

Also FRACTION is now officially the first pure Superfluid SuperToken that is also a native xERC20 Token, a standard for cross chain compatibility developed by Connext. So basically the first Super-xToken :D

All of this resulted in some transactions of project owned FRACTION. Every major movement required a Snapshot proposal for transparency - and once fulfilled, a Lens Post got created that provided links to each tx.

This post serves as an on-chain log entry, providing a summary of all major transactions and proofs - to stay true to the commitment of as much transparency as possible.

(Note: Due to the shutdown of Connext V1 Router, even tho some Snapshot Proposals were successful, their fulfillment got posponed until the token could be moved between chains again. That is now possble again with the upgrade to an xERC20 Token. To prove their recent fulflllment, their tx are provided down there as well.)

Snapshot Proposal #1 - [closed]

“#001 - Theoretical possibility to become 1 again.”

Outcome: No, stay out of it.

Transactions: None.

Snapshot Proposal #2 - [closed]

“Move Symmetric liquidity to Balancer”

Outcome: For

Transactions:

Relevant link: Balancer 40% FRACTION - 40% MIVA - 20% GNO Pool

Snapshot Proposal #3 - [postponed]

“Claimed $ARB Tokens on Arbitrum”

Outcome: Split 33%/33%/33% between above

Transactions: None yet (postponed).

Reason: Low current $ARB token price at the moment and it’s better to align the price increase from re-buying with the official v2 launch.

Snapshot Proposal #4 - [partially]

“Move Quickswap liquidity to Balancer”

Outcome: For

Transactions:

  1. Move all QuickSwap LP Tokens to the new LP Account at 0xEdC69dF77123BdcCA3993b9fF89B6C09170cB0E3
    WETH:FRACTION MIVA:FRACTION USDC:FRACTION

  2. Retract liquidity from WETH:FRACTION Pool
    Approve → Withdrawal
    Returning 0.118375044878554378 UNI-V2
    for 0.371522640938522009 WETH and 0.038302376163566284 FRACTION

  3. Open FRACTION:WETH Balancer Pool and place withdrawed liquidity
    Approve WETH → Approve FRACTION → Create Pool → Fund Pool

  4. Retract liquidity from MIVA:FRACTION Pool
    Approve → Withdrawal
    Returning 45.825756949558399065 UNI-V2
    for 76247.431668602450053032 MIVA and 0.027764720428659435 FRACTION

  5. Open FRACTION:MIVA Balancer Pool and place withdrawed liquidity
    Approve MIVA → Approve FRACTION → Create Pool → Fund Pool

Why “partially”?
Because the proposal includes adding liquidity with funds from Snapshot Proposal #3, which has been postponed.

Snapshot Proposal #5 - [partially]

“Move SushiSwap (Arbitrum) liquidity to Balancer (Arbitrum)”

Outcome: For

Transactions: None yet (postponed).

  1. Move SushiSwap v2 LP Token to the new LP Account at 0xEdC69dF77123BdcCA3993b9fF89B6C09170cB0E3 (Proof)

  2. Retract liquidity from ETH:FRACTION Pool
    Approve → Withdrawal
    Returning 0.038729833462073168 SLP
    for 0.146617380962866247 WETH and 0.010245029571800385 FRACTION

  3. Open FRACTION:ETH Balancer Pool and place withdrawed liquidity
    Approve FRACTION → Create Pool → Fund Pool

Why “partially”?
Because the proposal includes adding liquidity with funds from Snapshot Proposal #3, which has been postponed.

Snapshot Proposal #6 - [closed]

“Scavenger Hunt: Move 0.08 FRACTION (8%)”

Outcome: Yes! Move it to the 8 Accounts.

Transactions:

Relevant links: Scavenger Hunt Accounts on GnosisChain

  • Account #1: 0x9cc7ca352d0e645d0b2ab80b18e776fcaa68ff3d

  • Account #2: 0x5393493f7a96dc56bd2d65133da3f9137cf29ac1

  • Account #3: 0xb550a0e056761be7757c11c1b8989b5ec7e0a494

  • Account #4: 0xf1ea6f648bfa5a04c3a73b09e11a054a884912af

  • Account #5: 0x30cec741f42acb81ddc91c4c40fe83237921599d

  • Account #6: 0x787fdd10884a0cfdcf2dd560fce57310b3c80dd6

  • Account #7: 0x37f3cacccaa02750cd4b08c4b6858441fb8290a7

  • Account #8: 0xfa777e0d1db92ca693fe0b462318dfa46c952d09

Snapshot Proposal #7 - [paused]

“xERC20 Upgrade - burn FRACTION Connext V1-Router Liquidity”

Outcome: For

Transactions:

Note:Due to limitations on the burn functions, burning of FRACTION on the new chains has been postponed until a future Superfluid Upgrade enables the option to do so. Meanwhile the retracted Connext v1 Router Liquidtiy has been added as fast-lane liquidtiy into the Connext Router:

0.975787757300367690 FRACTION on Avalanche C-Chain remain in the Parking Account until Avalanche gets supported by Connext.

  • TBD: Burned
    0.182359134637877851 xxFRACTION on GnosisChain
    0.904259012824578260 FRACTION on Polygon
    0.978509750500000000 FRACTION on Optimism
    0.979739851988406238 FRACTION on Arbitrum One
    0.975787757300367690 FRACTION on Avalanche C-Chain 0.979489648236522545 FRACTION on BNB Chain

  • TBD: Move leftover native coins to donate.fractiontoken.eth

Snapshot Proposal #8 - [closed]

“Move SushiSwap (Optimism) liquidity to Balancer (Optimism)”

Outcome: For

Transactions:

  1. Moved SushiSwap (Optimism) LP Token (SCPLP) to liquidity.fractiontoken.eth

  2. Remove SushiSwap Liquidity:
    ETH 0,127628294488252119
    FRACTION 0,011786105871192368
    Approve SCPLP → Remove Liquidtiy

  3. Create new Balancer FRACTION:ETH Pool:
    Approve FRACTION → Create Pool → Fund Pool

Snapshot Proposal #9 - [closed]

“Move SushiSwap (Avalanche) liquidity to Balancer (Avalanche)”

Outcome: For

Transactions:

  1. Moved SushiSwap (Avalanche) LP Token (SKO) to liquidity.fractiontoken.eth

  2. Remove SushiSwap Liquidity:
    12.5131908485 Wrapped AVAX (WAVAX)
    0.0080291835 FRACTION
    Approve SLP → Remove Liquidtiy

  3. Create new Balancer FRACTION:AVAX Pool
    Approve FRACTION → Create Pool → Fund Pool

Snapshot Proposal #10 - [closed]

“Bundle all LP token into one account”

Outcome: For

Transactions:

Overview of current LP Tokens holded by the project in:liquidtiy.fractiontoken.eth (0xEdC69dF77123BdcCA3993b9fF89B6C09170cB0E3)

Relevant links:

More information:

https://fraction.fyi/

https://link3.to/fraction_token

https://snapshot.org/#/fractiontoken.eth

]]> fractiontoken@newsletter.paragraph.com (Fraction Token) <![CDATA[All official contracts are now verified.]]> https://paragraph.com/@fractiontoken/all-official-contracts-are-now-verified tEPSk4GMp3iuhMf5sMkE Thu, 21 Dec 2023 01:56:00 GMT All official contracts have been verified on their network specific blockexplorers, adding an additonal layer of trust and makeing future listing requests more likely.

That not only includes the Token Contracts itself, but also the Streaming Faucets. The Token and Faucets are currently available on GnosisChain, Polygon, Optimism, Arbitrum One, Avalanche C-Chain and BNBChain.

Pure Streamable SuperToken

The “Own a fraction [FRACTION]” Token is an adaptation of the worlds first native streamable Superfluid SuperToken, the “MinervaWallet SuperToken [MIVA]” - deployed first in April 2021 on the GnosisChain (back then xDaiChain). It’s total supply is limited to 1 across all chains, resulting in anyone ever being able to own a fraction of it.

”Native streamable” means that it can be streamed on a per-second basis via the Superfluid Protocol, without the need to wrap it first into a SuperToken (like USDC to USDCx, or xDai to xDAIx, …).

https://docs.superfluid.finance/superfluid/protocol-overview/in-depth-overview/super-tokens

Streaming Faucet

The Streaming Faucet marks the first utilization of the token. Built by 0xd10r, sending “0” of a chains native coin to the 0x3Bb341cE4C7F16b0D516Db4314940694DEc24f0f contract (faucet.fractiontoken.eth) opens up a stream of 0.000000000000000001 FRACTION per second (1 DIDI/s) back into the senders account.

More details can be found at fraction.fyi/faucet

Verified FRACTION Token Contracts on:

Verified Streaming Faucet Contracts on:

Or compare all via blockscan.com

More informations about the project:

https://fraction.fyi/

https://link3.to/fraction_token

]]> fractiontoken@newsletter.paragraph.com (Fraction Token) <![CDATA[FRACTION on Balancer]]> https://paragraph.com/@fractiontoken/fraction-on-balancer xBr6yjQc5cmbUExKk3VP Wed, 26 Apr 2023 07:23:37 GMT 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:

https://fraction.fyi/

https://link3.to/fraction_token

https://snapshot.org/#/fractiontoken.eth

]]> fractiontoken@newsletter.paragraph.com (Fraction Token) <![CDATA[Own a FRACTION Past/Present/Future]]> https://paragraph.com/@fractiontoken/own-a-fraction-past-present-future hyu3B4mLF3KlGgLbZ2Xg Fri, 03 Mar 2023 14:14:39 GMT

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 up with a “being as open, honest, transparent and upfront as possible”-approach. That’s why I tried to provide many links/proofs and explanations to make sure everybody is aware of what’s going on. I’ll try to keep that up in this post as well. Also this is my first Medium article ever, so please cut me some slack in case this gets weird ^^

Before the launch: The road to “Own a FRACTION”

The idea of a crypto-token with total supply of only one is actually really old (especially in comparision to how time flows in the cryptospace). I think the first time we were talking about it was during one of the BlockchainHub Graz Meetups in 2016(ish). Of course back then there were no widely available decentralized exchanges (DEX), so it wouldn’t make much sense to deploy something like that (except for fun) since a CEX-Listing would’ve been too expensive. The idea lay low for quite some time, and since it’s not THAT of an original idea, other tokens with a total supply on 1 came&went (at least I do remember hearing of one from time to time) — but not a single one took off in a noticeable manner, afaik.

We at the lab10 collective started working on the ARTIS blockchain and since 2019 on the Minerva Wallet. Then, in early 2021, the Minerva Wallet Team launched the MIVA Token. Already familiar with using Uniswap/Honeyswap, I had to take a closer look into Liquidity Pools on Honeyswap and could experience on-the-fly how a Liquidity Pool starts, gets filled up and which interactions result in different outcome on the price.

That’s when I opened the idea-drawer in my mind and pulled out that old One-Total-Supply-Token thingy. At the same time the NFT-Hype was getting really real and I thought this idea would fit exactly inbetween.

Here’s the funny part: You’d expect that everything started by minting the token itself first. But in reality it went like this:

After a couple of beers (cheers, btw) I had this picture in my mind of how the token symbol could look like. Initially I thought I’ll keep half of the Token and the other half gets into a Liquidity-Pool. That’s why the Token-Symbol is one half solid and the other half breaks up. So I started up Cinema4D, cut a circle in half, placed an ‘ExplosionFX’ Object into the right one, adjusted some values and rendered out the first draft of the Token-Symbol. Voila!Then I thought: Wouldn’t it look nice if the fractions moved in a loop to indicate that the token will break up and expand over time? Hopped over to Adobe Illustrator, vectorized the first draft rendering and started adding the Animations as CSS in the SVG File (so I could use it on the Web). Tadaaa!

That animation started to be kinda hypnotizing if you look at it long enough — and while staring at that loop, it made me think about what someone would need to actually start a project like this.

The steps I came up with were:

  • You’d need someone who can mint the Token

  • You’d need someone to design the graphical stuff

  • You’d need someone to develop the website

  • You’d need someone to write the contents

  • You’d need someone to start the Liquidity Pool and provide the initial funds to fill it up

  • You’d need someone to get the Token in the official listing on Honeyswap

  • You’d need access to a Community

  • You’d need someone who coordinates everything and keeps the ‘greater picture’ in mind

And it turned out that for all these, I could at least answer with “yeah, basically I could do that”.

The good thing is, because of my involvement in Minerva/MIVA and that team’s connection to 1Hive & xDaiChain (lab10 collective is a xDaiChain Validator), I knew that I had some advantage over just some other dude who wants to start a project like this.

Of course the FRACTION Token wouldn’t have such an awesome start without the pre-work of the lab10collective/MinervaWallet-Team (especially Thomas, Didi & Peter) and also the folks at 1Hive and Superfluid — their groundwork made the FRACTION Token Project possible in the first place.

So I thought about how I could explain to someone what the project is about and started drafting a small onepage-website. Since I already knew that I would need a Contract-Address for the Layout, I hopped on over to tokenmint.io and minted one. Boom!

Since the MIVA Token was already out and we were talking internally quite often about the benefit of it being a SuperToken (the first native one ever) — so you can stream it — I thought it would be awesome to have the FRACTION Token also as a SuperToken right away as well (instead of having it wrapped later on to add that functionality). On that part a huge “Thank you” to Didi from the lab10 collective who took the time to adjust the MIVA contract and deployed it during a beer-drinking-videochat-session ^^ I might sell off the “Genesis Event Screenshot” as a NFT some day and split the income with him :)

That evening marked the “point of no return” — I already had spend quite some thoughts,time&work on it and now with someone else’s time also spent on it, I knew I had to stick to it and start the project as soon as it was in a publishable state. Also it was getting more and more obvious that, while still being considered a fun/art-project, it could be also a nice advertising/marketing instrument for the MinervaWallet and the Superfluid Streaming Protocol.

Thankfully I could reuse quite some things I already had on my hands from building the Minerva Wallet Website (here a big thanks to Peter from the lab10 collective for the scripts to get the Price/Poolsize/Tokenholders).

The website got overhauled a couple of times to represent the launch StatusQuo and also provides links/proofs/explanations to live up to the “honest & upfront as possible approach”.

And then on April 20th, at 13:37 the project officially went live.

After the launch: Token went live on xDaiChain/Honeyswap

And oh boy, those next 48 hours were quite some experience ^^

Filled up the initial FRACTION:xDAI Liquidity Pool on a 0,5:1000 ratio (which gave the Token a price of 2.000 $/xDai) and just 5 hours later the Tokenprice tenfolded to 20.000 $. Then, after 12 hours the Tokenprice reached BTC’s then current price and only 40min after that it surpassed BTC’s all time high with 71.000 $. The price then climbed and climbed steadily. And after getting added to the official Tokenlist, it skyrocketed for a few hours and reached its current all-time-high at 461.025 $ on April 22th at ~03:00 CET.

All time high token price at 461k on April 22th, 2021

Of course, such a surge isn’t sustainable — especially for a Token with a Liquidity of 50k on a DEX that has a total Liquidity of ~10 Million.So the price started to fall again and settled in between 100k and 150k.

At the top of the token list on info.honeyswap.org on April 21th, 2021

At that point, the Token was still the one with the highest price on Honeyswap.

Then the token got listed on CoinGecko — which was essential, because that allowed Minerva Wallet and the Superfluid Dashboard to display €/$ Values — and the Tokenprice climbed again to 356.764 $ on April 30th, 2021.

With that — honestly really unexpected high value — I also got confronted with some new questions. Like the fear of rug-pulling or that holding 25% of the token supply bears the risk of me destroying the market by selling huge amounts.

The high price sounds super fancy, but actually it’s a superficial number (the less you sell from the token, the closer you actually get that displayed price. It’s the price and marketcap at the same time). But for me as the project owner, that high price was a blessing and a curse at the same time. It’s great to see that price go up and up and up, but it also limited my ability to adjust the project later on.

*For example: *Shortly after launch, the ARTIS 2.0 launch got postponed because of the unclear Status of the OpenEtherum Client. That raised the question of what to do with the remaining 12.5 % that are currently reserved for an xATS LP Pool. As a lab10/ARTIS team-member, it would’ve been fairly straight forward to supply the needed xATS for such a pool. But for everything else, I would have to spend more of my own private money to supply additional pools. Which, at a then current price of 100k would have been 12.500 $ out of my own pocket. And that on top of the already ‘invested’ 1000 xDai (and 3–4 weeks of unpaid work). Plus the Whale Account got locked down by streaming the 25% over 2 years to a circulation account. And I could also not extract anything from the Liquidity Pool since even a very small amount could get interpreted as the beginning of me abandoning the project starting a downward spiral that could kill the project eventually. That’s why — if you look at the Wallets&Contracts — the Whale-Account(s) only deployed the Contract, provided Liquidity and nothing else so far. At the moment of writing, I didn’t made a single cent off this project so far.

That’s also one of the main reasons I had to lay off the focus on the project for a bit and continue working within the Minerva Team on the Wallet and also other projects in my own company. You know… to pay bills and get nice things like food & water :)

What’s next

I guess that’s the section you’re actually here for, right? :)

For some time I wasn’t sure what’s better: Stay silent and surprise everyone with new things, or lay it out and take the risk that someone copies your idea and you get even more pressure to finalize something (plus limit your ability to simply scrap an idea if things don’t work out as planned). Also announcements tend to start a price increase which — as stated once above — makes it harder for me to allocate the funds for new Liquidity Pools.

I decided to lay out what I’d like to do with the FRACTION Token in the future, because it became more and more obvious that most of the things I’m planning in my mind will take quite some time, and it would be sad if people get the impression that the FRACTION Token is about to quietly disappear into the night.

***Note:***There are multiple obstacles for every future plan and I’ll try to point out a few of them so you get a better feeling of how much time it can take. Also, certainly things can change fast in the crypto-space, which may result in adapting the idea, delaying it or in the worst case, even scrapping an idea altogether. Again, whenever possible, I’ll try to be as upfront as possible.

Expanding the token to other Networks & Decentralized Exchanges

The first rule of the FRACTION Token is you do not talk about the FRACTION Token… no wait. It’s that the total supply is 1. So simply deploying the same token on other Networks & DEX’s is. not. an. option. here.

The total supply should always stay 1. Which means the token must be bridged and, in the best-case scenario, can even get swapped cross-chain (Connext is something I’m having a close look for that). But certainly, MIVA will be making that cross-chain jump first and FRACTION Token will benefit from everything I/we learned from there. Also, if Minerva doesn’t support the Network, the Token will not get bridged there. Minerva should be the central point of interaction with the Token.

As for now, the “Roadmap” looks like this > Currently: xDaiChain & Honeyswap >> Next: Polygon/Matic & Quickswap >>> Maybe: Binance Smart Chain & Pancakeswap >>>> Goal: Ethereum & Uniswap

*A few Obstacles/Questions/To-dos: ** Getting the funds for filling up Liquidity Pools on other DEX’s * Getting the Token added on those DEX’ official lists * Allocating the right amount of the Fraction Token to move there * What happens to the Streaming Feature if that protocol isn’t available there? * Make sure that the current circulating supply is and always will be only 1 * Update the Website & UI / DApp to represent that new Status Quo * Get also a CoinMarketCap listing

Streaming Farms

Providing enough liquidity is a challenge and Minerva took an innovative and new approach to this problem with their Minerva Streaming Farm.

There is currently a FRACTION:MIVA Farm available, but at some point there should also be a Streaming Farm for the biggest FRACTION Pools, that also returns FRACTION as a reward-stream.

*A few Obstacles/Questions/To-dos: ** Allocating the right amount of the FRACTION Token to pay rewards * Where does that amount come from? * How to approach if the Token is on Multiple Chains? * Where to exchange FP-NFTs if on Multiple Chains? * Expanding the current DApp built by the Minerva Team

NFT Collection

The basic idea is to generate an NFT-Collection where every part of the Token-Symbol (25 pieces) is a separate NFT that is only available once. The complete Collection would resemble the Logo/Token-Symbol as it is right now.

So once again, you’d only ever be able to ‘Own a FRACTION’ of the Symbol.

*A few Obstacles/Questions/To-dos: ** Create the Graphics/Animation/NFTs * Real-Life counterpart? * Which Platforms? Differences between Platforms / Networks?

Scavenger Hunt

Anyone read ‘Ready Player One’? :) This is, most likely, the one thing that excites me the most and will also take the longest to set up. Hopefully, it will also take the longest until completed.

The idea is basically this: There will be 10 laser-engraved Titanium plates that have on their frontside general informations like the Logo, Website-URL and Description. On their backside, the Seed & Private Key of a wallet that holds 1 xDai & 0.01 FRACTION Token (Amount not yet fixed). Then, these 10 Titanium Plates will get hidden all over the world, and on the Project’s page there will be clues on how to find them. Whoever finds the Plate, has the Seed/PrivateKey and therefore owns the FRACTION-Part. Riddles should get harder every time and maybe even depend on each other. We’ll see :)

There are already things in preparation for this.

*A few Obstacles/Questions/Todos: ** Create the Graphics/LaserPlates * Get the plates / laser engrave them * Distribute the Plates all over the world in places that will last some time and are publicly available. (No, there won’t be a Plate on Area51) * Come up with riddles (no shit, Sherlock!) * Create Project website for this. Display if funds have been moved (= mark plate as found) * Consider opening up an outgoing stream over something like 25 years, so in case a plate really gets lost forever / destroyed, the funds aren’t lost as well.

***Shout out: ***The whole project so far wouldn’t be possible without the lab10collective/Minerva-Core team (especially Thomas, Didi, Peter) and it’s Partners&Collaborators like 1Hive, xDaiChain, Superfluid, Eporio, Connext, BinarApps, etc… who continuously surf the wave of being on the frontier of this technological field. And most certainly, everything that’s planned can’t be done without their help&support. So the more you support them, the more they are able to support me on expanding the FRACTION Token!

Conclusion:

All of that will take some time, since it’s usually not only a few clicks and everything’s in place. After deploying something new, there also needs to be an adaption/overhaul of the current (fairly simple) website, new announcement graphics, time to communicate everthing and, of course, fixing things that go sideways on an “asap” approach all-the-fucking-time…

Do you remember I wrote at the top “yeah, basically I could do that”?Well that also means that there’s only one person that does it :)

What I learned over the last months is: Deploying something can be fairly quick, handling the outcome is something completely different.

Please do understand that, yes, the project is still ongoing, but realistically speaking, it’s just a side project. As stated on the website multiple times, it doesn’t have any real life use case or value. I understand that people who buy-in want to see the price go up-up-up, but everybody should be aware that this is a fun/art/meme/whatever token, and just because you want to make a quick buck, I will not let myself get pressured into making some announcement or release something that’s not in a state I’m comfortable with. Either you’re interested and willing to wait&see what’s coming, or sell the Token and find something else to play with (*Sidenote: I highly recommend reading Lukso’s “A note on communication” here on Medium, even though I’m aware that FRACTION is a fun project and LUKSO is actually building something of value). *So if it comes down to putting my time into the FRACTION Token Project or the Minerva Wallet (or projects of my own company), the decision I’m about to make should be clear to anyone. Because I like food, water and not getting evicted from my flat because of unpaid bills ;)

But I am, most likely, the one person who wants to see it succeed the most, so the point of this whole talk is to give you the big picture: You know what I have planned for this project and know that I’ll keep moving it forward — just remember to align your expectations accordingly.

FRACTION Token to Titan! Still a moon, but a better one.

If you want to reach out, you can do so via twitter.com/@Fraction_Token or join the Minerva Discord (there’s a separate #fraction-token channel).

Cheers, Markus / seliqui

Useful Links:

]]> fractiontoken@newsletter.paragraph.com (Fraction Token) <![CDATA[NFT? No, even better: FRACTION]]> https://paragraph.com/@fractiontoken/nft-no-even-better-fraction 7M4nbDgHacDGkDsLrV4q Fri, 03 Mar 2023 14:01:14 GMT 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 riotously noisy cacophony of a market kind of thing.‌

What about our traditional tokens? Well, we are all comfortably familiar with them and we know exactly what they are and how to use them… Which is already more than we can say for NFT’s.‌

What if I told you, we know of something from the best of both worlds?

One single token — fractionable into a quintillion little tiny pieces. One, and only one in the whole wide world. Exclusive, special, unique. And no one can ever have it all — only a piece, a part, nay — a fraction of it.

Yet, it still brings out that same coziness and familiarity, because *you *can have a part of it, your friend can have another, your best buddy can also have another… And you can all rejoice together at having your own FRACTION over a nice cold beer.‌

And to make it all the easier on you, the token will work straight out of the box on the Minerva Wallet (always bringing the world’s latest innovations closer to you).‌

Now as a worthy side note: The smallest amount one could possibly get is 0.000000000000000001 FRACTION. If this smallest amount ever becomes worth 1€, then the worth of the entire FRACTION Token would surpass the complete worldwide circulation of Euro by about a million times.‌

It sounds crazy but it isn’t. “Phenomenal” is the word you’re looking for. It’s a whole new thing, and to be a part of it, you should simply jump on the bandwagon while it’s passing in front of you (now).‌

As soon as we heard of FRACTION, we were blown away by it. We liked its ingeniousness. It will be part of the xDai Chain, alongside our MIVA Tokens, xATS, and others. All the more reason to check it out!‌

Speaking of, we sincerely hope you have already checked us out, too.‌

So, wanna join the club and keep being unique? Jump in.

]]> fractiontoken@newsletter.paragraph.com (Fraction Token)