$FORM Token Sales and Distribution

Activating the Community

Formation Fi is launching its token sale very soon. We’ve been thrilled by the enthusiastic response the community has afforded the project already and now we’re looking forward to taking the next big step. After a very successful and oversubscribed presale, the $FORM token will launch in June 2021.

Formation Fi is at the lead of the next generation of DeFi yield farming — intelligent investing that calculates quantitative risk as well as reward. We are taking techniques and skills learnt over decades on Wall Street, such as Risk Parity, and applying them through algorithms to DeFi. This token sale is the exciting next step on our roadmap to offering personalized, cross-chain and risk-adjusted crypto funds.

The $FORM Token

• IDO date: Early June, 2021 (Exact Date TBA on May 31, 2021)
• IDO site: TBA on May 31, 2021
• Liquidity pairs: TBA on May 31, 2021
• Whitelist Begins: June 3rd, 2021
• Liquidity mining begins: Shortly after IDO (subject to change)

Form is Formation Fi’s utility token that will enable and incentivize community engagement for good governance and the smooth running of the fund. The token is designed to reward the long-term interests of key stakeholders and demotivate short-term speculators. V1 of the fund product is due to launch in 3Q 2021 (roadmap subject to change).

There are three uses for the token:

1. Governance — holders will be able to vote on various aspects of the fund ecosystem and monetary policy.
2. Reward — liquidity providers will receive a share of fees collected: 50% of fees are to be redistributed as Form. The remaining 50% of fees will be allocated to the Operational Treasury until a pre-defined limit is reached; any remaining fees (Form) will be burnt.
3. Access to Dark Pool — token holders will be able to access hidden member-only liquidity pools, details to be announced later.For more detailed information on Form tokenomics and uses, see here.

Token Sales Summary

• Token name: $FORM
• Total Supply: 1,000,000,000
• Presale: 15% of total supply
• Pre-Seed sale: $650,000
• Private sale: $900,000
• Strategic sale: $1,250,000
• Ecosystem sale (not presale): $300,000
• Public sale via launchpad: $200,000

Distribution

Token distribution will be as follows.

Team allocation breakdown:

• Operations: 5%
• Legal: 15%
• Marketing: 15%
• Technical and Business Development: 65%

$FORM emission schedule (Subject to Changes):

• 30% of the total supply will be released to users as reward when V1 is fully released with cross-chain capabilities in the first 12 months.
• The remaining 70% will be released algorithmically over the ensuing 5 years.
• After the 250,000,000th $FORM is released, an automatic 2% (of the cumulative total supplies released thus far) per annum will be released algorithmically in perpetuity. This could be subject to a community vote.

Token Sales and Price

The IDO is planned with the following metrics**:

• Token price: $0.03
• Tokens sold: 6,666,667
• Token sales amount: $200,000
• Initial Market cap at TGE: $667,667

Vesting Schedule

Vesting rates vary between recipients to protect the value of the network.

Conclusion

The team at Formation Fi are passionate about the product they are building and are looking forward to launching the Form token as soon as possible, with the V1 product following soon afterwards. The token launch is an exceptional opportunity to participate in what will be one of the top DeFi projects of the year. Find out more about the plans for next-generation DeFi at https://formation.fi, on Medium and on Telegram.

***Users from the following regions will be disallowed for participating. Restricted Region List: Botswana, Cambodia, Central African Republic, Democratic People’s Republic of Korea, Republic of Seychelles, Ethiopia, Ghana, Iran, Iraq, Libya, Somalia, South Sudan, Sri Lanka, Syria, Sudan, Thailand, Trinidad and Tobago, Tunisia, Venezuela, Yemen, and the United States of America