🟠C.FiatRexa

C.FiatRexa is the token held by contributors, to become a contributor, an individual must stake FiatRexa and engage in the protocol as a contributor member who builds value for the protocol and thus gets 90% of the total protocol fees that they play a part in working to generate. Anyone can stake their FiatRexa and become a contributor to the protocol. The barrier is kept low so as not to exclude anyone, but this also allows for the protocol to dissuade bad actors and filter them out as they will not be as willing to risk losing capital. This works in a similar method to proof of stake (PoS) for miner network security in L1 blockchains like Ethereum or BNBChain.

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By staking a FiatRexa token in the protocol, the related smart contract will perform the following functions: 1. Attribute a C.FiatRexa token to the user based on a multiplier overtop of each dedicated FiatRexa Utility Token, EG: 1FiatRexa for 10 years, is 10C.FiatRexa. 2. Unlock the opportunity to contribute to work and value creation within the project and earn a yield on the net protocol proportional to the number of C.FiatRexa tokens held by the user and the total number of C.FiatRexa tokens in existence. 3. A time-based attribution of C.FiatRexa stake is applied at 20% per year, up to a limit of 10x the users FiatRexa staked (eg: a limit of 1FiatRexa = 10C.FiatRexa), at which point the members C.FiatRexa benefit from their FiatRexa will be at its maximum point. 4. Early adopter community incentive (paid as FiatRexa) based on the proportion of C.FiatRexa held, will also be released over 5 years, with 1,000,000 FiatRexa distributed proportionately to the C.FiatRexa holders. This is to incentivize early contributing members of the protocol.

In a short list summary, by staking FiatRexa, a user will receive C.FiatRexa (Contributor FiatRexa), which can then be used to participate in: Voting Bounties Discussions/Decision Making Proposal construction Proposal Applicant Administration Bounty Fulfillment Bounty Reviews & Audits and whatever other operations or functions are deemed necessary by the community of contributors. A user can be any type of entity: an individual, a business, a government, a charity, a not for profit, a trust, a foundation, or otherwise. They just need a wallet on a supported Blockchain.