Tokenomics

FRH (FarFISH Token) is the native token powering the FarFISH ecosystem. This document explains reward mechanics, distribution strategies, and earning potential.

FRH Token Overview

Token Details

Utility

FRH serves as the reward and incentive token across all FarFISH applications:

• ✅ Referral rewards
• ✅ Staking rewards
• ✅ Daily chest claims
• ✅ Leaderboard bonuses
• 🔜 Future: Governance, marketplace currency, exclusive perks

Earning FRH

1. Referral Rewards

When you refer someone to FarFISH, both parties benefit with instant FRH rewards.

Reward Structure

• Referrer (person sharing link): +20 FRH
• Referee (person using link): +20 FRH
• Total Distributed: 40 FRH per referral

How It Works

1. Alice shares her referral link: app.farfish.xyz?ref=12345678
2. Bob clicks the link and connects his wallet
3. Alice receives +20 FRH ✅
4. Bob receives +20 FRH ✅
5. Both leaderboard scores update instantly

Scaling Potential

2. Staking Rewards

Lock NFTs for passive FRH income.

Reward Table

Rewards vary by NFT rarity and lock duration:

Total Earnings Calculator

Total FRH = Daily Rate × Lock Duration (days)

Examples:
- Bluefin 30-day:    4 × 30  = 120 FRH
- GoldRay 90-day:    5.33 × 90  = 480 FRH (rounded)
- RedSpike 180-day:  10.67 × 180 = 1,920 FRH (rounded)
- ShadowGill 360-day: 21.33 × 360 = 7,680 FRH (rounded)

Return on Investment

Assuming NFT mint cost = $50 (example):

Staking Strategy

Maximize Returns:

1. Longest Lock - 360-day locks provide highest total rewards
2. Rarest NFT - Higher rarity tiers yield better returns
3. Multiple Stakes - Stack multiple NFTs for compounding rewards
4. Claim Regularly - Rewards claimable anytime (no lock on claimed FRH)

Example Portfolio:

3× Bluefin (360-day) = 3 × 960 FRH = 2,880 FRH total
1× GoldRay (360-day) = 1 × 1,920 FRH = 1,920 FRH total
1× RedSpike (360-day) = 1 × 3,840 FRH = 3,840 FRH total
------------------------------------------------------------
Total Staking Rewards: 8,640 FRH (claimable after 360 days)
Daily Rate: 24 FRH/day

3. Daily Chest Claims

Consistent daily income with minimal effort.

Chest Types

Monthly Earnings

Optimal Claim Strategy

1. Claim Bronze chest daily (3 FRH)
2. Stake at least one NFT (any rarity, any duration)
3. Claim Silver chest daily (6 FRH)
4. Result: 9 FRH/day passive income + staking rewards

4. Leaderboard Bonuses

Top performers earn recognition and rewards.

Scoring System

Formula: Leaderboard Score × 20 = Total FRH Earned

How Score Increases:

• +1 per successful referral (as referrer)
• +1 per being referred (as referee)
• Future: Staking milestones, special event bonuses

Top 100 Leaderboard

Total Earning Potential

Earnings Breakdown

Combine all four earning methods for maximum FRH accumulation:

Total Example: 430 FRH/month from combined strategies (excluding one-time referrals)

Year-One Projection

Hypothetical Power User:

Month 1:
- 50 referrals made = 1,000 FRH
- Stake 2× GoldRay (360-day) = 10.66 FRH/day = 320 FRH (first month only)
- Daily chests (30 days) = 270 FRH
Total Month 1: 1,590 FRH

Months 2-12:
- 5 referrals/month = 100 FRH/month
- Staking continues = 320 FRH/month
- Daily chests = 270 FRH/month
Total Months 2-12: 690 FRH/month × 11 = 7,590 FRH

After 12 months (year-end stake claim):
- 2× GoldRay rewards claimed = 3,840 FRH

Year 1 Total: 13,020 FRH

Token Distribution Strategy

Allocation (Conceptual)

While specific token allocation is not publicly disclosed, typical FarFISH distribution includes:

• User Rewards: 60-70% (referrals, staking, chests, leaderboard)
• Team & Development: 15-20%
• Treasury & Partnerships: 10-15%
• Liquidity & Market Making: 5-10%

Emission Schedule

Current Model: Rewards distributed on-demand via smart contracts:

• Referral rewards: Instant (leaderboard score update)
• Staking rewards: Claimable anytime during/after stake
• Chest rewards: Claimable every 24 hours

Future Consideration: Periodic batch distributions or claim windows to optimize gas costs.

FRH Value Drivers

Demand Factors

What increases FRH demand?

1. Utility Expansion

   • Future marketplace (spend FRH on exclusive NFTs)
   • Governance voting (stake FRH for protocol decisions)
   • Premium features (FRH-gated access)

2. User Growth

   • More users = more referrals = more FRH earned
   • Network effects create organic demand

3. Scarcity Mechanisms

   • Staking locks supply (illiquid during lock)
   • Potential future token burns (reduce circulating supply)

4. External Integrations

   • Partner protocols accepting FRH
   • Cross-chain bridges (expand ecosystem)

Supply Factors

What controls FRH supply?

1. Emission Rate

   • Daily chest claims: Predictable emission
   • Staking rewards: Varies by participation rate
   • Referrals: Grows with user adoption

2. Lock Mechanisms

   • Staked FRH (if future staking beyond NFTs)
   • Governance locks (vote-escrowed FRH)

3. Burn Mechanisms (Potential Future)

   • Transaction fees burned
   • Marketplace fees burned
   • Buyback-and-burn programs

Investor Perspective

Why FRH Has Value

For Investors and Users:

1. Earn Potential - Multiple income streams (referrals, staking, chests)
2. Growth Alignment - Early adopters benefit from network growth
3. Utility - Not just speculative; used for real platform features
4. Deflationary Potential - Future burn mechanisms could reduce supply
5. Community Governance - Token holders may influence protocol decisions

Risk Factors

FRH on Exchanges

Where to Trade (Future)

Potential Listings:

• Base DEXs: Uniswap, Aerodrome, BaseSwap
• CEXs: Pending partnerships and liquidity

How to Add FRH to Wallet

MetaMask / Coinbase Wallet:

1. Open wallet
2. Select "Import Token"
3. Enter contract address from Contract Addresses
4. Symbol: FRH, Decimals: 18
5. Confirm

Roadmap

Phase 1: Reward Distribution (Current)

• ✅ Referral rewards live
• ✅ Staking rewards active
• ✅ Daily chest claims operational
• ✅ Leaderboard tracking implemented

Phase 2: Liquidity & Trading (Q1 2027)

• 🔜 DEX liquidity pools (Uniswap on Base)
• 🔜 Trading pairs (FRH/ETH, FRH/USDC)
• 🔜 Price discovery and market making

Phase 3: Utility Expansion (Q2 2027)

• 🔜 FRH marketplace for exclusive NFTs
• 🔜 Governance proposals (community voting)
• 🔜 Premium features (FRH-gated content)

Phase 4: Cross-Chain & Partnerships (Q3 2027)

• 🔜 Bridge to other chains (Ethereum, Arbitrum, Optimism)
• 🔜 Partner integrations (accept FRH in other dApps)
• 🔜 Token buyback-and-burn program

Conclusion

FRH tokenomics are designed to reward active participation, incentivize viral growth, and align long-term holder interests with protocol success. The multi-faceted earning model (referrals, staking, chests, leaderboard) creates diverse income streams for users while driving FarFISH ecosystem adoption.

Key Takeaways:

• 💰 Multiple Earning Streams - Referrals, staking, chests, leaderboard
• 📈 Growth Aligned - More users = more value for existing holders
• 🔒 Staking Rewards - Up to 21.33 FRH/day for legendary NFTs (7,680 FRH over 360 days)
• 🌊 Viral Mechanics - 40 FRH per referral (both parties win)
• 🔮 Future Utility - Governance, marketplace, premium features

Related Documentation

• Referral System - Maximize referral earnings
• Staking Guide - Optimize staking strategy
• Daily Rewards - Chest claiming guide
• Leaderboard - Ranking mechanics
• FRH Token Contract - Technical specification