At-The-Money Offerings

If the total market cap of $FSTR trades significantly above the total value of its Fartcoin holdings, management may, at its discretion, mint as many as 1,000,000 FSTR tokens (0.1% of the initial supply) in any 24 hour period, sell those newly minted tokens, and take the SOL to buy more Fartcoin, thus accelerating the “Fartcoin Flywheel”.

This is restricted within the Solana program (the FartStrategy Vault smart contract itself) to guarantee a slow and smooth inflation of token supply.

Management has chosen to restrict at-the-money minting to only a very small amount of the total supply in order to demonstrate a commitment to price stability, responsible use of funds, and increasing $FSTR’s Fartcoin backing with a long-term view. The absolute maximum inflation of $FSTR due to At-The-Money offerings is 36.5% annually, if a massive premium persists every single day for an entire year. Projections are closer to 5-10% annual FSTR supply inflation, given the ebbs and flows of the market.