$FREN Tokenomics
$FREN Tokenomics
We have envisioned $FREN to have the fairest tokenomics. The community will eventually decide how much each $FREN token will be worth but the entry to have access to our bot will always be 1000 $FREN.
Category
Percent
Allocation
Initial Liquidity
12.5%
125,000
Seed Sale
25%
250,000
Ecosystem Funds (Locked with Multisig)
12.5%
125,000
Ecosystem Incentives (Locked with Multisig)
40%
400,000
Team
10%
100,000
Airdrop
?
?
Total
100%
1,000,000
Sale Sale
25% of our total supply is allocated for the seed sale. The sale will be done on FCFS (First Come, First Served) basis. We will be incubated by our supporting DAOs. The terms of the seed sale are as follows: Tokens allocated: 250,000 Price per token: 0.0002 ETH Max allocation per wallet: 2 ETH Hard cap: 50ETH
Initial Liquidity
50% of the funds raised through the seed sale will be used to provide initial liquidity. We will pair the raised funds with 125,000 $FREN tokens. The other 50% will be used to cover expenses (team payments and daily expenditures.)
Team
10% of the total supply is allocated for team.
Ecosystem Funds
12.5% of the supply is allocated to Ecosystem funds. We will allocate the ecosystem funds based on demand. It will cover all types of payments such as marketing, advisor payments, and so on. Ecosystem Funds will be secured through our 3/4 Multisig.
Ecosystem Incentives
40% of our supply is allocated to Ecosystem incentives. It can also be referred to as Treasury. We will also use part of the ecosystem incentives funds to incentivize our pool on Aerodrome and accelerate the protocol growth. Ecosystem Incentives will also be protected by our 3/4 multisig.
Airdrop We will use part of the Ecosystem Incentives to do a community airdrop. Exact details and criteria for eligibility will be unknown until the date of announcement. Here are a few ways you can be eligible to claim the airdrop: - Participating in Zealy Quest - Creating content (Videos, Twitter threads, Memes) related to Fren Alpha Aggregator - Participating in community discussions and helping others Note: The weightage and eligibilty of airdrop will be done in sole discretion of the team. We will prioritize valuable contributions over redundant airdrop farming startegies.
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