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 |
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.
DISCLAIMER: The views and opinions expressed on this page do not represent those of CoinPayments Inc., Hodltech OÜ or their respective affiliates, employees and representatives (collectively, “CoinPayments”). CoinPayments does not endorse and is not responsible for or liable for the accuracy of any content, or the advertising, products, goods, services, materials or other statements, on this page. Readers should do their own research before taking any actions with respect to, or in connection with, this entity or the content and statements on this page. CoinPayments is not responsible or liable, directly or indirectly, for any damage, expense or loss caused by, or alleged to be caused by or in connection with the use of or reliance on, any content, statements, products, goods or services mentioned on this page.