LIFE Finance — the next level and standalone DeFi platform on the Fantom network and is part of the FATFIRE family. Earn income from your tokens and LP tokens by staking and earning LIFE tokens on the Fantom Network with zero low deposit fees.
When you wager your tokens, you will automatically receive a reward in the form of LIFE tokens. You can retrigger rewards to earn more rewards or convert your tokens to any other cryptocurrency you want.
In all layered projects, you will be able to cross-bet on a new layer. So if you have FATFIRE tokens, you can stake them in LIFE to earn LIFE tokens.
To support the LIFE token and future NFT pools, most Initial Mint tokens are locked up. Distribution is blocked for a period of 4 months. During this period, these tokens cannot be accessed, transacted or sold. This lockup is being used as a preventative strategy to maintain a stable long-term value of the LIFE token and for future NFT staking pool rewards, currently in development.
The deposit fee is set at 0% for native pools and from 0.25% to 1.7% for non-native pools. Fees are used for hosting and development costs, incineration, marketing and treasury. By collecting these fees, developers will be able to incentivize developers and designers, as well as help to develop FATFIRE Finance and provide you with a better experience.