Community Update: Strategic Liquidity Deployment for FOLD
We are excited to share a key update regarding the progress of FOLD and Manifold Finance’s ecosystem.
Last Friday, we moved some tokens from the deployer as part of a strategic deployment aimed at supporting long-term liquidity efforts. Here’s what you need to know:
1. Liquidity on Uniswap V3:
- The first stage of this deployment involves wrapping these tokens into a full-range liquidity pool on Uniswap V3.
- This will provide scalable and efficient liquidity for the FOLD token, ensuring a stable trading experience.
2. Captive Insurance LP:
- This liquidity will not participate in the captive insurance program.
- This allows community members and FOLD supporters to benefit fully from pool fees once the captive insurance LP contract goes live.
3. Broader Liquidity Expansion:
- Manifold is working closely with exchange partners to expand liquidity further.
- Tokens from this deployment, along with pre-reserved tokens, will support these efforts as part of a larger rollout.
4. Ongoing Efforts:
- Exchange listings and Manifold product rollouts involve complex processes and timing. This will be an ongoing effort, and we appreciate your patience as we navigate these milestones.
We are incredibly grateful for the community’s support and resilience over the past few months. Today’s steps represent the beginning of a promising new phase for FOLD and the Manifold Finance ecosystem.
Forward Momentum
This liquidity deployment kicks off an aggressive 90-day roadmap period. We’ve already lined up partnerships and are working with sophisticated market actors to help facilitate an exchange listing, as well as providing services to that end. This will be detailed in the Part 3 post forthcoming.
DISCLAIMER The content provided is for informational purposes only and should not be considered as financial, tax, or legal advice. The information presented is general in nature and may not be applicable to your specific circumstances.