Litepaper
What is SweatyFi
What is SweatyFi
SweatyFi is a web 3 MOVEandEARN app with Game-Fi and Defi elements. Users who mint an NFT will gain access to an extensive library of exercise routines, available for every skill level. Users will benefit through biomechanical feedback, in real time, as different preset exercises are performed. Feedback will teach proper form and ensure user is completing the movement correctly and thoroughly.
Once the routine is accomplished, with target accuracy levels met and within the set time parameters, the user will be awarded with SweatyFi tokens. These tokens can then be claimed to an external wallet, or they can be staked to the NFT to earn staking rewards.
As the user advances through the preset fitness levels, the NFT will adapt to show the current stage of progression. Each level will take approximately 6-8 weeks depending on the frequency of workouts.
NFT’s can be customized through the acquisition of cosmetic upgrades available in the marketplace.
More muscle mass = Burning more fat while resting
The more muscle mass you have, the more fat your body
burns while resting
Why SweatyFi?
How does SweatyFi profit?
NFT mint and NFT upgrades — 90% goes to treasury, 7% Team wallet, 3% Extend View
Taxes from buying and selling tokens. 10%
There is also a tax on claiming, withdrawing and staking of Sweaty token. 3%-7%
5% of all bets go to Sweaty Treasury.
Burning Mechanisms
Rewards do not go on forever
90 days after user stops exercising, NFT and everything staked in it goes to burn address.
Tokenomics
1,000,000,000 initial token supply
$0.05 Price during TGE
$0.20 Price of token at launch
5% tax on all buys/sells outside of app (DEX, exchange)
NFT mint of 2 SOL (90% to Treasury, 5% Team wallet, 5% ExtendView )
Team funds are used for marketing, development and paying employees
Token Allocation
ICO 25,000,000
Team 100,000,000
Airdrop 150,000,000
B2E Economy 400,000,000
Treasury 325,000,000
