IFOs: Initial Farm Offerings on Polycat Finance
It’s time. We’ve been planning this for a while.
We allow innovative new projects to get listed on our platform to raise funds.
The sale of a new project’s token will mainly be in USDC, along a small FISH tax that gets burned.
As our supply is limited (3 million FISH will only ever exist), we don’t want to burn too much too fast.
We firmly believe FISH has long-term value and will be worth a lot more than it is now (which is why we haven’t sold any from the developer wallet). We will therefore only allow a small amount of FISH to be burned per sale.