📪CFA
Community Funded Accounts
Community Funded Accounts (CFA) are the foundation to the Radxu protocol, providing a way for users to support the platform's ecosystem tools. To create a CFA, you need to purchase at least one unit.
A CFA is composed of units, which are building blocks that interact with the CFA. The more units you own, the more community tokens you earn, which translates into more contributions to the protocol in the form of fees.
A CFA serves several functions, including the ability to:
Purchase additional units to expand your CFA count
Collect the distribution generated by your CFA’s
Compound the distribution from your CFA’s
Pay the fees required by your CFA’s
Each CFA is unique and associated with a particular address, meaning that each address can only have up to, the capped unit amount of CFA’s. The number of units you own determines both the distribution you receive and the cost of maintaining your CFA. The distribution and costs of maintaining a CFA change over time due to the protocol's tokenomics.
The current active cap for units is 40, and the distribution per CFA unit is 0.1 community tokens. The monthly fee per unit is $2 if the CFA is in a paid state and $3 if it is in an unpaid state. The maximum number of months you can pay in advance depends on the number of units you own, and there are ten different tiers, each representing 10% of the cap.
Overall, CFAs are a fundamental part of the Radxu protocol, providing numerous benefits to those who own them. To explore this product further, visit https://app.radxu.org/cfa.
Last updated