frETH
FRETH Price
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frETH (FRETH) Price Today
The price of frETH (FRETH) is $254.52 today with a 24-hour trading volume of $0.00. This represents a 0.0% price increase in the last 24 hours.
True Freeze is a fully decentralized proof of patience protocol. Users lock ETH for between 1 and 1,100 days. Doing so mints (1) a certificate of Deposit NFT that represents the position and (2) freezer-ETH (frETH) that represent their tokenized patience.
It is designed to be a 0-human in the loop primitive that works autonomously forever.
The NFTs can be traded like zero coupon bonds on any NFT marketplace. The frETH tokens are bought and sold because the withdraw *early* requires a small ETH (0.25%) and variable frETH fee.
Withdrawing (i.e., redeeming an NFT) very early (in the first 2/3rds of the lock time) requires MORE frETH than originally minted by that NFT.
This fee revenue goes to stakers of the FRZ token. The FRZ token inflates over time autonomously. This new FRZ is split among users who *burn* frETH. This creates an autonomous flywheel that absorbs the volatility of ETH (people redeem NFTs to sell ETH high and rebuy low) into the frETH and FRZ token values.
The supply of frETH will be the amount minted minus the amount burned in redemptions or for the FRZ emissions.
Where can you buy frETH?
FRETH tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade frETH is Curve, where the most active trading pair frETH/WETH has a trading volume of $0.00 in the last 24 hours.
What is the liquidity of frETH (FRETH)?
The total liquidity of frETH is $6,391.00. If you own FRETH tokens, liquidity of the token is low and prices may differ drastically. Proceed with caution.
What is the liquidity of frETH (FRETH)?
The fully diluted valuation (FDV) of frETH (FRETH) is $9,843.00. This is a statistical representation of the maximum market cap, assuming the maximum number of FRETH tokens are in circulation today.