Processes for transferring funds within wallets
Last updated
Last updated
To carry out any fund transaction within the ecosystem, it is essential to have a deep understanding of the tokenomics that govern it. In this regard, there is a highly relevant table that is essential to understanding the distribution of the value of XFRQ coins in the ecosystem.
This table allows us to accurately identify the location of funds issued in wallets or contracts within the ecosystem, which is essential for carrying out any operation effectively. Additionally, thanks to this information, it is possible to have a clear view of the flow of funds and the destination of coins at all times.
Therefore, it is recommended to carefully review the table to understand how funds are distributed in the ecosystem, which will significantly facilitate the completion of transactions and operations in general. Remember that having a clearer view of the tokenomics will increase your chances of achieving optimal returns on your investments and participation in the ecosystem.
To ensure the security and protection of funds within the ecosystem, a rigorous token safeguarding process is followed. This process is carried out meticulously by the board of directors, who have access to the various wallets where the funds are housed.
It is important to note that in addition to wallets, contracts play a fundamental role in protecting funds. These contracts, which no one can modify, are responsible for freezing coins and distributing them automatically, following previously established criteria. This is what we call PoC (Proof of Content), which is an airdrop focused on wallets that contain FNFTs.
A clear example of this process is the wallet for the FOUNDATION, which is responsible for safeguarding funds intended for the financing of the project and its objectives. Similarly, the STAKING wallet is responsible for freezing and distributing funds intended for stakers, while the FOUNDERS and COLLABORATORS wallet plays a similar role for funds intended for the project's founders and collaborators.
In summary, this token safeguarding process is crucial to ensuring the security and stability of the ecosystem. Therefore, it is important to have a deep understanding of it to make informed decisions and ensure the success of any operation within the ecosystem.