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.
What is the highest value frETH (FRETH) has ever reached?
frETH (FRETH) reached its peak price at 457.05 $ on 19 November 2024, approximately a year ago ago. Presently, the current price is -1.73% lower than this all-time high.
What is the historical minimum price for frETH (FRETH)?
The minimum price reached for frETH (FRETH) was 449.12 $, documented on 19 November 2024, more than a year ago. In comparison, the current price is , it equal this historical low.
What is the fully diluted valuation of frETH (FRETH)?
The fully diluted valuation (FDV) of frETH (FRETH) stands at $ 15,863.53. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of FRETH tokens. The realization of this FDV might take several years depending on the emission schedule of FRETH tokens.
How to add frETH (FRETH) to MetaMask?
By integrating frETH (FRETH) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import FRETH as a token. You can either manually import FRETH by copying its contract address (0xb4bd4628e6efb0cb521d9ec35050c75840320374) or use MetaMask's Chrome extension to add FRETH with a single click through P.CASH.
How to add frETH (FRETH) to TrustWallet?
Incorporating frETH (FRETH) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include FRETH, you can either manually import it using the contract address (0xb4bd4628e6efb0cb521d9ec35050c75840320374) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
IMPORTANT DISCLAIMER:
The information presented on our website and associated platforms is sourced from third parties and is intended for general informational purposes only. We do not guarantee the accuracy or timeliness of this content. None of the information provided should be construed as financial, legal, or other professional advice tailored to your specific needs. Your use of this content is at your own discretion and risk. It's important to independently research, evaluate, and verify the information before relying on it. Trading carries significant risks, so it's advisable to consult with a financial advisor before making any decisions. Our content is not intended to solicit or offer any services.