Fanny

FANNY, is a dynamically priced merchandise token which can be redeemed for a real limited edition fanny pack.

A total of 300 FANNY tokens were minted, each representing one real life limited-edition Fanny Pack. 25 Fanny tokens were airdropped to selected contributors and early supporters of the ecosystem. 100 FANNY tokens can be farmed for 30 days by staking CORE on our platform. Additionally, farmers could increase their yield by locking up CORE for a specific amount of time or burning it. The remaining 175 FANNY tokens will be deposited into a Uniswap liquidity pool together with CORE. The price of the merchandise is dictated by supply and demand of the pool.

This product allowed not only a merchandise token but paved the way for more innovative products in the network.

References

• FANNY: Limited-Edition Merchandise Token 2

• Grand Opening of the FannyVault 1