The Sol-Bank

Energy For Everyone

The Sol-Bank is aimed towards the African/Asian markets where access to energy is limited or non-existent and supplied as a bundle consisting of a Sol-bank, LED lamps and a solar panel.

Sol-banks in use

Wh generated per day

Rewards paid per day

SOLS TOKENS

Power the Sol-bank ecosystem

SOLS TOKENS

Are rewarded to Sol-bank users and token holders

SOLS TOKENS

Enable Sol-bank users to reduce time and cost of ownership for their Sol-bank

TOKENS

About ...

SOLS tokens power  Sol-bank and the rewards ecosystem
Sol-bank is circular in its funding system
Token sales are used to purchase Sol-banks, generate Social Good Funds and add liquidity to XLM/SOLS pairs on the SDEX
Sol-banks are purchased by us from the manufacturer and sent to distributors

Token Distribution

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Daily rewards for energy generation

Each Sol-bank owner receives a daily reward based on the average Wh output of the bundled solar panel
Each Sol-bank purchase/rental will be recorded on the blockchain via our FACT token which automatically updates the stat figures on this page

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Bi-monthly HODL rewards

Holders of SOLS tokens will receive bi-monthly rewards based on their SOLS holdings. 32% of the total supply (2,585,600,000) have been allocated to hodl rewards over a 4 year period
Note: Rewards are paid to liquidity providers and accounts with balances over 30,000 SOLS only
E.g. 26,933,333 SOLS distributed every 2 weeks Holder Alice has 4% of circulating SOLS supply, she receives 1,077,333.32 SOLS for that period

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Social Good Fund

The social good fund aims to help those struggling with poverty closer to home and away
Each donation will be trackable on the blockchain and will be announced on our blog and social medias
In addition to the fund itself, we will foster the creation of artwork by the Sol-bank communities and turn this artwork into NFTs on the Stellar blockchain
The creator will receive 80% of the sale proceeds with 20% going into the Social Good Fund

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FRED Community FUND

Holders of FRED tokens will benefit from the FRED Community Fund
This is an eighteen month liquidity fund consisting of SOLS tokens and XLM
After the vesting period expiry, all assets within the fund will be distributed to FRED token holders based on their FRED token holdings
E.g. If you hold 3% of the circulating supply of FRED, you will receive 3% of the fund

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Rewards start 14/04/22


SOLS tokens are now available on the SDEX currently at 0.00025 XLM/SOLS

Issuing domain - Solsbank.com

Ticker - SOLS

Issuing account - GAWTJMZIR4KPCZ7BQZK6QRAJYT6FOIM3YP2MKGWOYHPJYQQOIEJWFRED

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OUR BLOG UPDATES

The Latest News From The Project ...
29

MAR

2022

Author: Admin

XLM to Ugandan Shillings donation..
23

Mar

2022

Author: Admin

The first batch of Sol-banks arrive in Uganda..
..
04

FEB

2022

Author: Admin

Launch 02/04/22
19

Jan

2022

Author: Admin

SOLS tokens are available now for pre-launch
View all

MEET THE TEAM

The core team of FRED Energy ...
Michael Josefsen

Founder/Developer

Michael Josefsen Founder
Roy

Developer

Roy Code Developer
Philippe Delvigne

Media/Graphics

Philippe Delvigne
Daryl Naidoo

Advisor

Daryl Naidoo
Dennis Sabourin

Inventor/Advisor

Denis Sabourin
Ryan

Community Manager

Ryan Greaves
Lucie A

Business Relations

Lucy