$FREAK Moat
Built in collaboration with Lucid Red
FortiFi is pleased to introduce our second Moat, built in collaboration with Lucid Red. The $FREAK Moat features a similar structure to the Bensi Box Moat, enabling holders of $FREAK to stake, lock, and burn their tokens in exchange for rewards. Lucid Red is an NFT meets DeFi project on Avalanche with artwork for the NFTs done by Tunc.
The Lucid Red Treasury plays an active role in the Avalanche DeFi ecosystem, using mint funds from sales of the Lucid Red NFTs to supply the principle capital for the treasuries DeFi endeavors. The treasury earns yield in the ecosystem and distributes it back to holders of the NFT and participants in the FREAK Moat.
The FREAK Moat rewards participants in $USDC accrued from several sources. Fees and Rewards collected from the RED vePHAR position feed all RED Holders. Additionally, the FREAK Moat currently has 4 Lucid Red NFTS attached to it, with more potentially being added over time. They are exploring at additional methods to feed USDC Rewards to the Moat as well.
FREAK Moat Stats
Stats as of May 8th, 2025.
Staked: 25,850,792.01 $FREAK
Locked: 96,057,764.98 $FREAK
Burned: 74,404,489.68 $FREAK
% of Total Supply in Moat: 19.36%
$FREAK Token Contract Address: 0x201d04f88bc9b3bdacdf0519a95e117f25062d38
FREAK Moat participants will qualify for the $FORT Airdrop for staking, locking, and burning in the Moat. Explore the FREAK Moat today and dive into the Lucid Red ecosystem on Avalanche.
