Welcome to the FireBot ecosystem!


FireBot is an ecosystem maximizing the potential of DeFi strategies, yield-generating protocols, and automated trading algorithms to offer tokenized investment vehicles for its users. We engineer and structure investment strategies available through smart-contracts deployed on the Polygon blockchain. Their objectives range from high yield to principal protection.

FBX, the utility and governance token of our DAO, runs on top of quantitative investment strategies that we designed to offer significant protection against the volatility of crypto markets.


Ultra-Sound Money Tokenomics 🦇🔊


The maximum FBX supply is 21,000,000. However, the protocol has already burned 2,377,375, and only 2,932,738 are currently in circulation. The remaining 15,689,887 are locked in the emission contract.

The only way to unlock FBX is to acquire and stake Elemental Particles, our Proof-Of-Stake tokens. Anyone can create (mint) new EP tokens by burning FBX at 300 FBX per EP. In total, this currently removes about 7,369 FBX from circulation per day.

Each day, the contract emits 1/1336th of the remaining locked FBX. Like Bitcoin, which goes through a halving every four years, the emission contract will release fewer tokens over time.

Today, the owners of the 18,434 EP tokens staked in the contract will share 10,570 FBX. 1 EP currently yields 0.5734 FBX per day.

These mechanisms ensure a decreasing inflation for the FBX token as the contract distributes fewer tokens every day. Additionally, a regular burn reduces the existing supply as users compete to get the highest share of the emission by burning FBX to acquire and stake more EPs.

If capped-supply gold is sound, decreasing-supply FBX is ultra-sound.


FBX Hard Cap
21,000,000
Left To Be Issued
15,689,887
Burnt Tokens
🔥 2,377,375
Circulating Supply
2,932,738

Monthly Issuance
360,593
Monthly Burn
🔥 224,294
Monthly Net Supply Growth
136,299

Projected Supply Evolution

Tokenomics comparison BTC ETH FBX
Consensus / Governance / Emission Proof-of-Work, decreasing emission Proof-of-Stake, fixed emission Proof-of-Stake, decreasing emission
Maximum supply Capped Potentially decreasing Capped and decreasing
Burn mechanism
Treasury backed by other assets
Utility Store of value
Reference currency
Transaction fees
Reference currency (tokens sales, NFTs)
Governance
Transaction fees
Governance
Game theory
Yield optimizer
Protocol's revenue source Demand Demand
Gas fees burns
Demand
Game theory burns
FireBot algorithm
NFT sales and royalties
Yield optimizer fees

Stake your cryptos in the FireVaults!

Earn up to

69.76% APR!