Farcana (FAR)

Tokenomics & Utility

Supply and release

Farcana’s token documentation sets FAR’s total supply at 5 billion tokens. It describes allocations for investors, an ecosystem fund, advisers, and the team. Those groups follow different release schedules: investors have a six-month initial waiting period followed by monthly releases over 18 months; advisers and the team have nine-month waiting periods followed by 18 months of monthly releases. The ecosystem fund is described as releasing monthly over 36 months. These schedules explain how tokens were planned to enter circulation over time. (docs.farcana.com)

FAR’s original game uses include selected cosmetics, crafting materials, passes, and tournament access. Project materials also describe purchases made with ordinary payment methods, so a player’s contact with the token can vary by activity. In its wider FAR Labs plans, the team describes FAR as a token for AI-related services and participation in the computing network. (docs.farcana.com)

Staking and rewards

Farcana documentation describes a staking model in which tokens may be locked to take part in rewards. Its earlier design linked rewards to tokens repurchased by the project treasury. FAR Labs also describes staking as part of its proposed network economy. The key idea is that holding FAR, spending it in a game, and locking it in a staking product are separate activities with different purposes. (docs.farcana.com)