⚒️Process to Acquire Rewards

Buying / Selling $FUEL Tokens

On the initial release of the utility, the $FUEL tokens will only be purchasable direct from ‘The Engine’ Treasury. The Treasury will be exempt from rewards and therefore will not in any way dilute the rewards for holders. All token purchases will be used to uplift the trading liquidity, resulting in the potential for more substantial rewards being generated and distributed.

The decision has been made to restrict trading for a 1-month period, whereby purchasing from the Treasury will be the only option for prospective holders. Crucially, this process will act as a 'trial' period for on-lookers and will mitigate the sell-pressure on the initial launch of the token, in order to allow the algorithmic trading bots to demonstrate their true potential, evidenced by distributing weekly rewards to $FUEL token holders. In doing so, once token trading is re-instated, there is a higher likelihood of more substantial buy pressure impacting the token price.

After the initial 1-month period, the $FUEL tokens will trade solely on PancakeSwap. In addition to this, at the point of reward distributions, the Team will temporarily open ‘The Engine’ for a 12-hour period and allow purchases from the Treasury at a 5% discount from the open market. Please note the ability to purchase from the Treasury will only be available for current holders of $FUEL tokens that are electing to reinvest their rewards and therefore offer the potential for longer-term compounding. As aforementioned, all of the funds will be added to the trading liquidity in order to enhance the potential for increased future returns. Those that choose to compound will essentially increase their percentage holding of the supply, subsequently increasing their allocation of rewards in the future, relative to those that do not wish to compound.

The process allows both Claimers and Compounders shape their own destiny, whilst allowing both to benefit symbiotically – which camp will you be in?

Copy-Trading Process

The Profit Engine Team have spent the majority of 2023 developing, acquiring, back-testing and optimising a diverse set of algorithmic trading strategies, which have generated strong yields during both static (back-tested) and dynamic (live trading) testing environments.

Holders of the $FUEL token will essentially receive rewards on a frequent basis by simply holding the token within their DEX wallet. By holding the tokens, you are essentially pledging these to the ‘copy-trading’ process and establishing your percentage of the rewards distribution. In doing so, the Profit Engine Team are mitigating the gas spending required to physically pledge tokens and move these into other wallets, thereby reducing entry fees for holders.

The process allows us to remain in the decentralised world, in order to maintain anonymity and allow holders to have full control of the keys to their wallets. We will ultimately look to add an additional liquidity pool onto our own CEX in the future too, as well as further Tier 1 and Tier 2 CEXs for greater accessibility, at a more opportune moment.