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ETH $1,881.41 +0.04%
BNB $609.95 -0.34%
XRP $1.00 -1.53%
SOL $75.59 -0.69%
TRX $0.3353 +0.17%
DOGE $0.0696 -3.57%
ADA $0.1812 -2.76%
BCH $212.28 -0.52%
LINK $8.66 -1.19%
HYPE $56.16 +2.82%
AAVE $88.09 -0.01%
SUI $0.6820 -1.16%
XLM $0.1587 -2.10%
ZEC $490.19 +2.00%

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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