⚖️ FRX Whitepaper
  • ⚖️About us
  • ⚙️How to Trade
    • 💡Connecting Wallet
    • 📈Trading
    • 📊Interest & Leverage
    • 💵Entry Price, Index Price, Oracle Price
    • 💲Trading Fees
    • 💲Funding Fees
    • 🔴TP & SL (Take-Profit & Stop-Loss)
    • 💧Liquidation
  • 🪙FRX Token
  • 🚩Roadmap
  • 💼Revenue share
  • 🔥Burning
  • ⛓️Referrals
  • 🔐Security
  • 👥Community
  • 📃Bug or feedback report
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Burning

One of the main FRX platform goals in to be a sustainable economic project from the day one so we plan to do burning event once a week. We will be burning 0,5% from the token trading volume after the first week and also all the fees generated by accounts without refferals will be burned (0,1% from their trading volume).

Weekly Volume by accounts without refferals
Token Volume
Burn amount

1,000,000

200,000

$2,000

5,000,000

1,000,000

$55,000

10,000,000

2,000,000

$60,000

25,000,000

10,000,000

$300,000

The tokenomics is designed to not just have a growing supply, but having it limited since day one and only going down. All the users commission who don’t have any referrals will be used to do buy backs and token burning. Our aim is to create multiple sources of income to our project and use them to split across holders and burn the tokens.

PreviousRevenue shareNextReferrals

Last updated 1 year ago

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