# Faraway Token

## General Information

**Ticker Symbol:** FAR

**Chain:**  Fantom ecosystem&#x20;

**Contract Address:** [0xF5E11d271063e1B4c0C95E81971f2730B2738a28](https://ftmscan.com/token/0xF5E11d271063e1B4c0C95E81971f2730B2738a28)

Our goal is to make the **Faraway** token have as little inflation as possible by performing constant **$FAR** burns , the project by generating profits for the treasury will eliminate the same the same amount earned in cal tokens to balance the economy.

&#x20;The goal is to create a token that has a stable price , being the base price ie the increase in treasury the focus for the platform , this will allow us a constant inflow of capital to be able to develop and implement new ideas and applications external to the **Faraway** ecosystem.

## Token Distribution

The pre-sale values in FTM are:

**Public presale:** 3750 $FAR/$FTM.

**Launch:** 3500 $FAR/$FTM.

The distribution will be as follows:The distribution will be as follows:

**Presale and launch :** 15.000.000. tokens

**Marketing and bonus:** 5.000.000 .These tokens will be given to $FAR holders through(Locked vaults,rewards,airdrops,promotions) This is a partially liquid offer, they will be minted little by little as needed.

**Funding capital, VC and Certik audit:** 6,000,000. These tokens will be used for **Certik** Audit, marketing and other expenses to give **FarawayDAO** an initial boost.

**Team:** 5.000.000(locked  for 12 months)  These tokens are available (after the locking period) to keep the team highly motivated and/or to hire talented people to work for Faraway DAO&#x20;

**Growth**: 10.000.000. These tokens can ONLY be used/sold to investors supporting the long term vision of Faraway . The funds received will be used to carry on developing the ecosystem (operations and/or marketing). These tokens are vested. This is not a total liquid supply. Growth tokens can only be sold if the impact for the Faraway ecosystem is very positive.

## Token Launch and presale&#x20;

The contract address used for the presale and launch will be only to raise capital, after the launch the token will be available for purchase and sale.}

&#x20;By the end of March we expect to be able to launch our Dapp with Defi 2.0. &#x20;