FRACTRADEPrice

(FRAC)

The FRAC token serves as a pure utility token powering the FRACTRADE ecosystem. Its main utility is to provide holders with access to exclusive platform features and advanced trading strategies. This limited access mechanism helps manage liquidity and ensures the effectiveness of specialized strategies, such as early sniping of low-liquidity tokens. Holding FRAC tokens essentially unlocks a suite of advanced functionalities within the platform, enhancing the user's trading capabilities and overall experience.

FRAC tokens form the core of the platform's governance system. Each FRAC token held grants one vote, empowering holders to actively participate in crucial decisions regarding the FRACTRADE platform. This includes influencing the direction of its development, proposing and voting on new feature additions, and shaping strategic changes. This model is designed to foster a genuinely community-driven and democratic approach to the project's ongoing evolution, ensuring that the community has a significant voice in its future.

The "Frac Score" is a metric designed to measure a user's loyalty and active engagement within the FRACTRADE ecosystem. Its calculation is based on two primary factors: the total balance of FRAC tokens a user holds, and the cumulative duration for which those tokens have been held. A higher Frac Score is significant because it directly unlocks access to more advanced and sophisticated trading agents and strategies available on the fractrade.xyz platform, rewarding long-term and substantial holders.

The total supply of FRAC tokens is precisely 23,596,502.22 FRAC. A substantial portion of this total, specifically 19,600,000 FRAC, which constitutes 83.05% of the initial supply, has been permanently removed from circulation through a burning process. This significant burn event has resulted in a current circulating supply of approximately 4 million FRAC tokens, making them scarcer in the market.

The FRAC token was not originally launched by the current FRACTRADE development team. Instead, its origin stems from a community takeover, which was intended as an experimental endeavor to explore various decentralized autonomous organization (DAO) governance mechanisms. The current team explicitly states that they do not possess a majority of the FRAC tokens and therefore do not have controlling power over them. They have also indicated a future plan to reward all current FRAC holders if they decide to launch a proprietary token.

FRAC tokens are actively tradable on a prominent decentralized exchange, available specifically on its spot market. Users interested in acquiring or divesting FRAC can find liquidity and conduct transactions on this platform. The availability on such an exchange ensures accessibility for a broad range of participants in the crypto ecosystem.