What is FAT Network?
First referral based Decentralized Finance (DeFi) yield aggregator featuring; Trading pools, Yield farming and Decentralized lending with a deflationary token to power the network.
With the rise of decentralized finance (formally known as open finance) in recent times, we’ve seen many taking advantage of the trustless nature of blockchain and smart contract launching pyramid schemes to unsuspecting individuals leading to lose of millions of Dollars the moment these schemes are no longer sustainable going by it flawed model.
What I found out is that users genuinely desire to generate passive income by earning referral bonuses, these individuals wished to be a part of a rather robust yet simple and sustainable network marketing system.
We believe that yield farming when combined with the power of affiliates can unlock excellent financial opportunities for users to earn interest on idle balance as well as receiving up to 25% direct referral bonus and 5% sub-referral bonuses up to the third generations.
FAT DAO will launch FAT network in every jurisdiction where it is allowed as a referral based Financial Assets Trading Networking and yield farming aggregator with a governance token to power decision making within the entire network.
Key features of FAT Network:
-Minimum Network Registration fee = $20
-Direct referral Bonus upto 25%
-Indirect referral Bonus = 5% upto third generation.
-10% is sent to FAT DAO (of which 5% goes to founder)
-Marketing = 10%
-5% is used to buy & Burn FAT Network Token from CEx/Dex making it deflationary.
-Earn upto 7% (84% APY) interest on idle fund held in your wallet for a period not less than 36 days.
-Yield aggregator scan protocols and only select the highest interest bearing vaults for maximum yields.
-Robo-trader trades on DEx/CEx using staked funds to maximize gains.
-Farming of the network deflationary token and Lending.
-Investment pools.
Proposed Roadmap:
Aug. 1 — FAT Network Idea created.
Aug. 8 — FAT Network Token Communities setup.
Sept. 2— Seed Token Generation event.
Sept. 13— Website launch.
Sept. 16— Private token generation event.
Oct. 3 — MVP launch/Beta Tester Campaign.
Oct. 7 — Token Generation Event.
Nov. 6 — Token distribution event
Nov. 10 — FAT Network Launch.
Nov. 28 — FAT Network Token Listing.
______________________________________________
Do you have what it takes to become one of new Ambassadors? see if you qualify — Click here to fill our early ambassador’s form.
Wants to become an early investor? Join the waiting list for the Private Token Generation event (TBA).
Website: TBA
Twitter: https://twitter.com/FATDefi
Telegram: https://t.me/fatdefi
Announcement: https://t.me/fatnetwork
email: fatdefi@gmail.com
