Rewards
Last updated
Last updated
Monthly rewards from the treasury will be distributed using the following allocations:
80% Community – Will be distributed between all $FREN holders and claimable anytime via the website.
10% Compound – This allows the treasury to grow over time, making the treasury more profitable.
10% Team – To allow the team to inevitably keep the lights on. This also ensures the team has a vested interest in the success and the management of the treasury.
The weekly community rewards will be converted into Wrapped AVAX (WAVAX) and sent into the Community Rewards contract which will then automatically be distributed to all $FREN holders to claim at any time.