At FREN Crypto, our mission is twofold. Firstly, we aim to create a cryptocurrency protocol that enables fair participation and value support based on time. Through our innovative approach, we seek to ensure that early investors' interests are protected, while maintaining the long-term stability of the protocol. Secondly, we strive to foster a vibrant community of like-minded individuals who come together as friends. Our goal is to create an inclusive ecosystem where collaboration and shared vision are at the core of our interactions.
We envision a future where FREN Crypto revolutionizes the crypto landscape by introducing a groundbreaking concept of time-based value support. Our vision extends beyond financial innovation; it encompasses the cultivation of meaningful connections within our community. Transparency, fairness, and trust are the pillars that underpin our approach. By fostering an environment where everyone is treated as a friend, we aim to build a strong network of individuals united in their pursuit of a more equitable and prosperous future.
The Time Bank feature of FREN is an innovative mechanism that links the cost of issuing new tokens to the passage of time,
thereby encouraging long-term holding and enhancing the intrinsic value of the tokens.
FREN utilizes an innovative cross-chain model, generating new token issuance on the main chain while dynamically allocating quotas to different sub-chains and leveraging the rollup model for cross-chain liquidity.
This approach demonstrates FREN's strong decentralization capabilities and facilitates seamless integration with various DeFi applications on different chains.
FREN effectively controls the inflation rate through two methods: firstly, by eliminating the amplification factor for minting rewards, ensuring new token issuance is solely regulated through logarithmic control; and secondly, by implementing a logarithmic control mechanism for the issuance of new tokens. Through these dual measures,
FREN maintains a controlled inflation rate that aligns with the protocol's objectives, aiming to create a stable and sustainable ecosystem that supports the long-term value growth and utility of its native cryptocurrency.
FREN introduces new contract parameter designs, including average minting days, average staking days, and average staking amounts. Through these new parameters, FREN modifies the fixed Annual Percentage Rate (APR) for staking rewards to a dynamic APR, allowing for better control of staking rewards and the overall inflation rate.
These new contract parameters provide FREN with greater flexibility in adjusting staking rewards and managing the overall inflation rate, ensuring the protocol remains adaptable and responsive to market conditions while maintaining a sustainable growth trajectory.
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