What is FartStrategy?
Mission Statement
Fartcoin is the lightest cryptoasset in existence. There is no second best. Knowing this, FartStrategy was created to accumulate as much Fartcoin as possible. Hot air rises, and FartStrategy will ride that hot air to generate value for both Fartcoin and $FSTR holders.
Disclaimer
FartStrategy is a lighthearted meme token created in the spirit of Fartcoin. Fartcoin, much like Dogecoin, is a meme cryptocurrency with no central team dedicated to increasing its value. Neither Fartcoin nor Dogecoin is designed or intended to be a security, nor do they carry any expectation of profit. Similarly, FartStrategy—functioning as a decentralized and leveraged holding vault for Fartcoin—is also not designed to generate a profit and should be viewed solely as a source of amusement and entertainment. Additionally, FartStrategy does not create any surplus value above the amount of Fartcoin held in its vault, which is itself based purely on the humorous meme value of Fartcoin.
The DAO may vote to dissolve the vault and return the constituent Fartcoin to FartStrategy holders. However, this backing does not suggest that the market capitalization of FartStrategy will always trade at or above the total value of the vault’s holdings. Furthermore, while the FartStrategy smart contracts have been audited by an external third party, it is impossible to fully eliminate all smart contract risk, including potential hacks.
FartStrategy’s tokenomics are intended to maintain a general price relationship with Fartcoin; however, because FartStrategy is effectively “backed by hot air,” its value can fluctuate upward or downward in tandem with Fartcoin’s price movements. It is strongly recommended that you do not spend more on $FSTR than you would comfortably spend on any form of entertainment. By holding FartStrategy, you acknowledge that FartStrategy is purely an example of comedic absurdity, and owning it should carry no expectation of financial gain.