Fcc Risk Management
First choice coin focuses on offering staking solutions for Web3 and defi.
We believe it is important to be transparent about our selection process so that you can verify and understand how first choice coin selects projects to stake your digital assets with. Here are the key aspects to consider when selecting a staking earning for fcc.
1.
Market cap: We will only select projects that are above 1M$ in capitalization.
2.
Track Record: Of the projects that qualify based on market cap, we evaluate its past performance, how long it’s been active, where does it is listed or does it have support from other big projects.
3.
Tokenomics: We will also look at the tokenomics of the projects, is the supply lock or how is the design of token release. what are the use of the tokens is it sustainable long term?
4.
Community: To measure this, we ask ourselves the following questions:
1.
how many active community member?
2.
Does it provide value-added services for the community?
3.
How is community engagement, community discussions, and/or meetups?
Currently we have Quick coin as staking reward for fcc, the next one we are about to launch is Maticx.
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