Treasure

A crypto project has a treasury as a mechanism to store project funds and use them for various purposes, such as protocol development, funding strategic alliances, compensating developers, and other operational expenses.

In the case of FRQTAL, the project has its own treasury, utilized to inject funds into the liquidity pool and maintain control over the FRQ coin's price. Additionally, it is used to finance the development and expansion of the protocol, as well as to establish strategic alliances with other companies and artists.

FRQTAL's treasury is managed by the project founders, Beeto Qeeq and Alejandro Dopa, and its use is subject to their authorization. Funds are stored in a secure wallet and are used responsibly to ensure the stability and sustainable growth of the project.

In summary, FRQTAL's treasury is a crucial tool for the project, enabling it to fund its development and expansion, establish strategic alliances, and maintain control over the FRQ coin's price.

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The section on Strategic Alliances is intended for partners, collaborators, and any institutional alliances that can generate benefits for FRQTAL. These alliances can include both individuals and legal entities, movements, groups, artists, creators, major brands, etc.

The key question posed when using these tokens is as follows: Will there be more users generated, will confidence in the protocol increase, or will its visibility improve in less than 2 months?

It is important to mention that authorization from the founders' wallets is crucial for approving the movement of funds from these wallets.

App Wallets

This treasury section also includes a set of wallets specifically intended for the management of the application in FRQTAL. These wallets serve as the control center for the entire public application system, which we consider the main tool in our model to reach as many people as possible.

Gas Fees

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In this wallet, the blockchain transaction fees are stored. The coins earned in this wallet are used to continue developing the blockchain ecosystem of FRQTAL.

Referral codes

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This Referral Codes Wallet contains all the coins that a user or the app itself gifts to other users when they are invited to the platform.

The Ramping Wallet

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The Ramping Wallet, also known as the Buy/Sell wallet, is the main tool the system employs to carry out the exchange of FRQ coins for FIAT, which corresponds to the everyday currency in a country, such as Mexican pesos or U.S. dollars. This conversion process is directly related to currency exchange operations conducted directly from the mobile application.

It's essential to highlight that this wallet is backed by a robust and reliable security system. It is protected by a set of 5 private wallets managed by partners and compliance directors within the company. This approach ensures the integrity and confidentiality of transactions and contributes to maintaining the trust of our users at all times.

The Earnings and Fees Wallet

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The Earnings and Fees Wallet plays a fundamental role in the FRQTAL ecosystem, serving as the repository where the company receives royalties generated from the staking carried out by FNFTs. This wallet is strategically designed to provide liquidity for a series of essential traditional operations of the FRQTAL NETWORK company.

Among its key functions, the "Earnings And Fees" wallet is responsible for covering expenses such as payroll, asset acquisition, software leasing, and other vital financial operations. Additionally, this wallet is the epicenter of the company's social capital generation, contributing significantly to the company's profits and strengthening its financial position in the market.

The "Smart Contracts Wallet

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The "Smart Contracts Wallet," as it is known, plays an essential role in the system. Its ability to deploy smart contracts directly onto the blockchain and generate new updates is vital for the protocol's operation. Furthermore, this wallet can efficiently deploy multiple contracts, making it a fundamental tool for the system's expansion and evolution.

It is crucial to highlight that the security of this wallet is an absolute priority. It is safeguarded by the protocol's founder and protected by a multi-signature system. To make any changes or updates, five signatures from executive individuals within the company are required. This approach ensures that the wallet is securely and reliably protected.

However, the future vision is for this wallet to be custodied by the DAO that FRQTAL is constructing. In the near future, everyone within the ecosystem holding a DAO FNFT will have the ability to influence this wallet's behavior, further enhancing decentralization and community participation in the protocol's decision-making process.

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