We are thrilled to announce a unique opportunity for our community to acquire Fuel Network tokens at a 25% discount rate from the current OTC offers!
YAY Network is proud to announce it has managed to secure an Fuel Network OTC token sale at a discounted FDV rate. We believe this to be an incredible opportunity for our community, having the opportunity to acquire FUEL before it hits the market. Moreover, users that acquire the FUEL token through our Investors’ Portal will be able to trade it before it arrives on the market on our very own OTC marketplace.
Fuel Network OTC Token Sale is live and investors will be able to participate on it until Monday, 5th of February at 14:00 UTC. In this blogpost, you’ll find all the relevant information pertaining to the sale.
How to Participate in the OTC Sale
To secure your allocation in this exclusive sale, you need to buy and stake YAY tokens. This will not only give you access to the FUEL token sale but will also integrate you into the thriving YAY Network community.
2- Stake YAY
3- The more you stake the higher the allocation
Elite Tier — up to $15'000 alloc | 3 Million YAY Staked | 5% platform fee
Pro Tier — up to $7'500 alloc | 1.5 Million YAY Staked | 7% platform fee
Advanced Tier — up to $3'500 alloc | 800’000 YAY Staked | 9% platform fee
Freshman Tier — up to $1'750 alloc | 400’000 YAY Staked | 11% platform fee
Explorer Tier — up to $500 alloc | 200’000 YAY Staked | 12% platform fee
First Timer Tier — up to $200 alloc | 100’000 YAY staked | 13% platform fee
During the sale period, users have the option to upgrade their tier within the YAY Network’s tiered system by staking more YAY tokens. YAY Network will verify the staked amounts daily, allowing users to adjust their stakes or enter the sale. Once a user decides to increase their stake, their allocation in the corresponding tier is updated promptly, typically within 24 hours on working days.
Warning: Please do not stake on ZEUS. It is crucial that you avoid using the previous version of the launchpad, “ZEUS”, as it has been discontinued. Users can stake their $YAY on both Avalanche Network and Binance Smart Chain.
Round Price: $4.5
Vesting Schedule: Allocation from Seed Round. Current information is that it is fully vested, but this is subject to changes by Fuel team
Soft Cap: $100’000
Hard Cap: $300’000
Sale start: February 1st
Sale Ends: February 5th at 14:00 UTC
Staking Link: https://stake.yay.network/
Sale link: https://invest.yay.network/
Sale Currency: USDT (Binance Smart-chain)
Listing Date: TBA
Why Acquire FUEL?
Fuel Network names itself the world’s fastest modular execution layer, delivering maximum security and the highest flexible throughput. Identifying that blockchains are moving away from the initial monolithic design, Fuel introduces the fastest execution layer for modular blockchains stack. This shift allows for increased bandwidth capacity and specialization at the base layer, propelling Fuel Network as the fastest execution layer for modular blockchain stacks.
Key highlights of Fuel Network:
- Parallel Transaction Execution: Fuel Network stands out with its ability to execute transactions in parallel, utilizing UTXO-style state access lists. This design enables the network to leverage more CPU threads and cores, vastly improving compute, state access, and transaction throughput compared to its single-threaded counterparts.
- Fuel Virtual Machine (FuelVM): The FuelVM is a cornerstone of the network’s efficiency, designed to overcome the limitations of traditional blockchain VM architectures. FuelVM is tailored to optimize processing and offers developers a wider range of design possibilities, surpassing the constraints of the Ethereum VM (EVM).
- Sway Language and Forc Toolchain: Fuel Network enhances the developer experience with its domain-specific language, Sway, based on Rust, and the supportive toolchain, Forc. This environment integrates the advantages of Solidity’s smart contract languages with the paradigms of Rust, providing a powerful and sleek developer experience.
Prioritizing maximum security and flexible throughput, Fuel Network addresses the scalability crisis on Ethereum by introducing a modular framework that separates execution from other layers, ensuring high performance even during peak traffic periods.
Backed by investors such as the Blockchain Capital, The Spartan Group, CoinFund, Fenbushi Capital, Origin Capital, Stratos Technologies, among others, Fuel Network is set to have a huge impact in the future of the industry!
FUEL tokens are already being sold at a $600 million valuation, which is 25% higher than the valuation users will be acquiring on YAY Network Investors’ Portal, hence, this is a great opportunity for you to leverage the OTC Marketplace!
Trade Your Allocations with Ease
YAY Network is offering its users a prime chance to get their hands on FUEL tokens before they hit the public market. This opportunity is further enhanced by the unique feature allowing users to trade their FUEL tokens allocations within YAY Network’s in-house OTC Marketplace, even before the tokens are launched on the market.
YAY Network’s approach of facilitating pre-market trading bestows upon its users an elevated level of control and adaptability over their investments. This move positions YAY Network as a pioneer in redefining the norms of token sales and community involvement in the cryptocurrency sphere.
About YAY Network
YAY Network is the thriving ecosystem specifically designed for ambitious entrepreneurs, set to revolutionize the world of fundraising and community building. Our goal is to empower innovators by delivering a comprehensive, risk-free, and accessible launchpad experience, coupled with a cutting-edge marketing and advisory suite.