$FREN

The $FREN token is the cornerstone of the TonsOfFriends ecosystem, serving as both a utility and governance token across multiple blockchains. It incentivizes engagement, unlocks features, and supports governance mechanisms, ensuring the growth and sustainability of the platform. $FREN operates on Ethereum, Solana and TON blockchains, allowing seamless integration of DeFi, GameFi, and SocialFi applications.

$FREN Token Utility:

  • Platform Access: $FREN is required to access advanced features across the TonsOfFriends platform, including premium services, DeFi tools, and exclusive community participation.

  • Incentives and Rewards: Users are rewarded with $FREN for completing various activities such as gaming milestones, group participation, and contributions to the ecosystem.

  • Governance: $FREN holders participate in the governance process, making decisions regarding platform updates, development grants, and other community-driven initiatives.

Snapshot Governance:

TonsOfFriends plans to enable decentralized governance through Snapshot, a gasless voting platform. $FREN holders will be able to vote on proposals concerning platform updates, project funding, and strategic decisions in a transparent and efficient manner, further empowering the community.

  • Voting: $FREN holders can vote based on the amount of tokens they hold, with Snapshot providing a simple interface for decentralized governance without incurring gas fees.

  • Future Integration: Snapshot will offer a streamlined and user-friendly approach to governance, ensuring that the TonsOfFriends community remains actively involved in decision-making.

Token Distribution:

The total supply of $FREN is fixed at 1 billion tokens, distributed strategically as follows:

Category

Token Amount

% of Total

Earn to Play/Staking

150,000,000

15%

Public Sale

175,000,000

17.5%

Team

175,000,000

17.5%

Advisors

50,000,000

5%

Treasury/Liquidity

260,000,000

26%

Community/Marketing

190,000,000

19%

This distribution ensures sufficient allocation for ecosystem incentives, liquidity, community development, and strategic growth.

Smart Contracts:

The $FREN token currently operates across threeblockchains: Ethereum, Solana and TON, with smart contracts managing token operations on each.

Ethereum:

The $FREN token on Ethereum is compliant with the ERC-20 standard, providing full compatibility with Ethereum-based DeFi applications, wallets, and exchanges. It is behind an upgradable proxy allowing future improvements. It is the origin chain of $FREN.

  • Ethereum Contract Address: 0xb79E66080d37BA9E1E3CAb6c06fa75Ba09462509

Solana:

On Solana, $FREN operates with the SPL standard, optimized for use in the Solana blockchain's decentralized applications. It was bridged via the official wormhole bridge via portal advanced bridge.

  • Solana Contract Address: J81utcwgPFUzqxwJpvhm2hZK18TstUmYfn4E1psDKzmQ

TON:

On TON, $FREN operates with the Jetton standard, optimized for use in the TON blockchain's decentralized applications and Telegram integrations. It was bridged via the official TON bridge.

  • TON Contract Address: EQDM0e9KmX7FmucAJSIPmzUhW3WeukMsphEge0LtTT9TRR7r

Bridging Between Ethereum and TON:

To facilitate seamless interaction between Ethereum and TON ecosystems, TonsOfFriends utilizes the official TON Bridge. This bridge allows users to move their $FREN tokens between Ethereum and TON blockchains, enabling flexible cross-chain operations such as staking, governance participation, and liquidity provisioning.

Bridging Between Ethereum and Solana:

To facilitate seamless interaction between Ethereum and Solana ecosystems, TonsOfFriends utilizes the Wormhole bridge via the Portal frontend. This bridge allows users to move their $FREN tokens between Ethereum and Solana blockchains, enabling flexible cross-chain operations such as staking, governance participation, and liquidity provisioning.

When switching between chains:

  • Ethereum → TON/Solana: Users can send $FREN from Ethereum to TON/Solana using the bridge, where the Ethereum $FREN tokens are locked in a smart contract, and the corresponding amount of $FREN is minted on TON/Solana.

  • TON/Solana → Ethereum: Conversely, when moving $FREN from TON/Solana to Ethereum, the $FREN tokens on TON/Solana are burned, and the equivalent tokens are unlocked on Ethereum.

This cross-chain compatibility ensures $FREN remains flexible and integrated across different DeFi and SocialFi ecosystems, offering the TonsOfFriends community a seamless experience between Ethereum, Solana and TON.

Last updated