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FREN's new mining model PoP (Proof of Participation) is officially launched

2022-10-20 15:21:50

ChainCatcher news, the new mining model PoP (Proof of Participation) for FREN is officially launched. The initial MINT fee for FREN is 1 ETHF, and when the developers obtain 5000 ETHF, they will distribute it to miners at a 1:1 ratio. After exceeding 5000 ETHF, the developers will change the parameters to 50% for miners, 40% for burning, and 10% to the contract account to support subsequent development and ecological governance. In addition, as of now, the FREN liquidity pool has not yet been created.

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