FLY QUICK STATS:
| CREATION DATE: | 13 January, 2021 |
| DEVELOPMENT STAGE: | Fully released |
| CURRENT SUPPLY: | 411 620 846 |
| TOTAL SUPPLY: | 1 700 000 000 |
| ALGORITHM: | ERC-20 token |
| PROOF TYPE: | n/a |
| TARGET SPACING: | n/a |
Franklin (FLy) is the native token of the VRM and Black Ocean ecosystems based on the ERC-20 token algorithm. FLy holders have access to discounted trading fees and additional rebates, as well as to Black Ocean solutions like Liquidity and Dark Pools, Token-sale launchpad, NFT market, margin trading, and liquidity mining opportunities.
As the company’s Whitepaper states, there is a destruction mechanism implemented into the token strategy to support market demand and the token’s price. Every month, the company will buy FLy tokens on public trading venues with profits from each business unit, sending those bought FLy tokens to a special public wallet for burning.
To learn more about token use cases, you can visit the company’s website.
Thanks to the recent integration with CoinPayments, merchants from all over the world can now accept, store, and receive FLy!
DISCLAIMER: The views and opinions expressed on this page do not represent those of CoinPayments Inc., Hodltech OÜ or their respective affiliates, employees and representatives (collectively, “CoinPayments”). CoinPayments does not endorse and is not responsible for or liable for the accuracy of any content, or the advertising, products, goods, services, materials or other statements, on this page. Readers should do their own research before taking any actions with respect to, or in connection with, this entity or the content and statements on this page. CoinPayments is not responsible or liable, directly or indirectly, for any damage, expense or loss caused by, or alleged to be caused by or in connection with the use of or reliance on, any content, statements, products, goods or services mentioned on this page.
