Only 50,000,000 Tokens will be minted fotr the sacrifice phase(IDO). The official Sacrifice phase starts at $0.01 per FLAME Token. Don't miss out on this!
How can I sacrifice?
Open Info.thefireswap.com and follow the instructions.
What you can sacrifice for
By sacrificing your crypto you do NOT buy FLAME. You can give your crypto away, sacrifice it as a political statement. Once you have done that you do not own it anymore. Never expect profit from the work of others. Whoever owns your crypto after you sacrificed it does not work for you.
So… how do I get my FLAME?
You’ll get credited free FLAME without any value based on if you have sacrificed on Info.thefireswap.com. Firechain will credit a similar Sacrifice Phase to distribute it’s native token FIRE.
Which coins are supported?
The official list of supported coins is available on Info.thefireswap.com after the start of the Sacrifice Phase.
How does the bonding curve / Sacrifice Rate work?
Until August ….th 2022 you get 100 Sacrifice Points per USD sacrificed. The USD value is calculated near the time of sacrifice. On August ..th 0:00 UTC the Sacrifice Rate increases by 5% to $1.05 per 100 Sacrifice Points. The Rate increases by 5% every 24h at midnight UTC. On Oktober 25th the Rate will be $9.91 / 100 Points.
Same as with the Firechain Sacrifice
Just like with the Firechain Sacrifice the Fireswap sacrificers will get a Volume Bonus Multiplier of up to 2.5x. Everyone’s Sacrifice is publicly viewable during the period by checking the public balances of the Sacrifice address list on the Binance Smart Chain. This way you might know when you want to sacrifice some more to move up in the rankings.
How the Volume Bonus works
Imagine that each Sacrifice Point grows legs, puts on a shirt with his Sacrificer’s address on it and lines up in a big line out front of an auditorium.
The largest Sacrificer’s points line up first. Then the 2nd largest. They file in and fill up the rows from the front to the back. Now an attendant comes in, and starts handing out bonus cards. He goes down the rows, in the same order they entered, and hands everyone a card. When he’s done they see that the first card handed out is a 2.5x. Every card he handed out after was worth ever so slightly less till he got to the very back, where the last card was just barely more than 1x. The difference between each card and the next is always the same.
Now all the points stand up, and head to the changing room in the same order they entered the auditorium. The first point enters and out comes 2.5 points, all wearing the same Sacrificer’s address on their shirt. What does a half point look like you say? Fun sized is the answer. This continues until every Sacrificer’s points have all gotten the bonus they deserve. In math speak, it’s a linear bonding curve from 1x to 2.5x.
The top guy’s coins took up the most space and in the best location. The next guys points took up the 2nd most space and in the 2nd best location. And so forth. If someone adds to their Sacrifice, overtaking you before the end, your Sacrifice Points get pushed further down the bonus ranking.
The last 5 days
Oktober ..th – ..th will have the worst rate and won’t get a variable Volume Bonus. Instead every Sacrifice on the last 5 days will get a flat 1.75x Bonus.
The FIRE Decentralised Autonomous Organisation (DAO) is key to what the document describes as a “true decentralised ecosystem”. With the FIRE ecosystem set to expand with the Firechain and FireMask, the FLAME DAO is yet another project on the growing DONASWAP Questmap.
Set to put more power into the hands of the DONA/ Fire Knights, here’s everything we know about the FLAME DAO so far.
You are sacrificing to prove how strong you believe that blockchains can changer the world and your opinion is a protected human right. This is an important political statement. You must have no expectation of profit from the work of others (Richard Heart). The set of people who have sacrificed to show their commitment to this political statement will make a great set of people to airdrop free things to. These sacrifice points are not meant to have any monetary value. Remember, you’re not buying anything, the world is just noticing you are amongst a group of people that sacrificed to make a political statement. Some countries tax their citizens when they receive things of value. FLAME is designed to start with no value, which is ideal. Consult your own legal and financial professionals, as nothing written here should be considered professional advice. The only thing we know of set to be airdropped for free to this political group so far is Fireswap (FLAME.) If we hear about other cool things, we’ll let you know.
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