FRM will be used as the gas of the network. Every time a FRM is spent as gas, a small amount is burned. So the system is deflationary.
FRM is used as gas fees for token bridge swaps between Ethereum and Binance Chain
FRM is stakeable through our web-based staking platform, and soon through FRM staking on UniFyre Wallet
FRM is the primary utility token in the First Kudi app. Users can buy FRM directly with Nigerian currency and earn FRM rewards for using the app
Holding at least 100,000 FRM in UniFyre Wallet provides holders monthly FRM payouts based on the FRM earned from listing fees and Flash Sales.
Holding at least 50,000 FRM in UniFyre Wallet provides qualifying participants the ability to participate in the pre-sale rounds of incubated projects
FRM Buybacks from Staking-as-a-Service Fees
Fees that projects pay for staking go toward FRM buybacks. To date, 950,000 FRM has been bought back from secondary market
Copyright © 2020 Ironworks BVI Ltd.
All rights reserved
Copyright © 2020 Ironworks BVI Ltd. All rights reserved
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