Initial Token Distribution
100% of the $Joy tokens where distributed via a DEX pool with an initial buy limit of ~$0.80 cents per player and a $1600 total market cap, any player could get a maximum of 5000 $Joy tokens to mint a pet and play the game
The team didn't pre-receive any tokens, all tokens they own were acquired.
$Joy used in the game is 90% burned and 10% automatically sent to referrals. Over 25% of all tokens were already burned playing the game.
Reward system
There is a 5% tax every time someones buys or sells $Joy tokens on DEX, once the smart contracts accrues 1000 $Joy tokens from the taxes, they get automatically swapped into ETH and distributed as follows:
- 2% goes to the players of the game as rewards.
- 2% goes to the developers of Fren Pet
- 1% gets added back as liquidity provision to support the FP economy
The players rewards are distributed according to your share of in-game score share in relation to the total scores of all pets in the game.
Note: when you claim rewards on the app your score resets to 0 and your pet level starts from scratch, strategize accordingly.
In-game usage and referrals
All $Joy tokens used within the game are 90% burned and 10% sent to referals.
You can check for your ref codes under your account and invite friends, you will get 10% of all their $Joy spent within the app.