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TUTORIALS / 14 Jul 2021

Frenchie Token (FREN)

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FREN QUICK STATS:

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CREATION DATE:Apr 16, 2021
DEVELOPMENT STAGE:Pre-testnet. The company is developing a smart blockchain on which FREN will be the native token. In Q4 they plan to release the first documentation, requirements and a testnet network. By mid-2022 a mainnet.
CURRENT SUPPLY:750.000.000.000 (750 bil)
TOTAL SUPPLY:750.000.000.000 (750 bil)
ALGORITHM:BSC based TOKEN -> in 2022 > aBFT consensus
PROOF TYPE:BSC based TOKEN -> in 2022 -> PoS
TARGET SPACING:n/a

What should you know about this cute-looking token?

With the idea of bringing a fast, cheap, and eco-friendly public smart chain to life, Frenchie Network Ecosystem is designed to be permissionless, decentralized, and open source. In the middle of the ecosystem lies $FREN.

Frenchie Token ($FREN) is a BEP-20 Token with a current supply of 750 billion tokens. Secured and audited by professionals, the token has a special burn mechanism to help prevent inflation. Each time the company reaches 250 holders, it will burn 25 billion FREN. This will continue until 2500 holders are reached. 

FREN is a relatively simple token, so in order to deliver more advanced features, the company will deploy other separate contracts to deliver farming, governance, and other added features. The network testnet is estimated to launch in Q4 2021. 

Frenchie Token is now integrated with CoinPayments, letting our users store, send, and receive $FREN. 

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