# Foreon Network Token

Foreon Network's tokenomics and emissions schedules are strategically crafted to enhance utility and governance.

We prioritize transparency and community involvement by keeping them updated with the project's progress and success.

The following outlines how our tokenomics will achieve these objectives while also rewarding the community.

You can purchase $FRN through the links below.

[**Minswap**](https://minswap.org/swap?cA=\&tA=\&cB=e69eaae4740f240ba9dfffd0ed6b7cb34070efe567e2ec841e3b7562\&tB=46524e)

[**Dexhunter**](https://app.dexhunter.io/swap?tokenIdSell=\&tokenIdBuy=e69eaae4740f240ba9dfffd0ed6b7cb34070efe567e2ec841e3b756246524e)

[**Taptools**](https://www.taptools.io/charts/token/f5808c2c990d86da54bfc97d89cee6efa20cd8461616359478d96b4c.7b88e54431308bed4dc28fcecf28c558e8095d18d1d230160f8a07684731245d?rankBy=volume\&order=desc\&period=24h\&page=1\&currency=ADA)

### $FRN Token Details

<table><thead><tr><th width="155">Blockchain</th><th width="182">Token Name</th><th>Symbol</th><th width="161">Total Supply</th><th width="141">Decimals</th></tr></thead><tbody><tr><td>Cardano</td><td>Foreon Token</td><td>$FRN</td><td>10,000,000</td><td>6</td></tr></tbody></table>

## $FRN Tokenomics & Distribution

<table><thead><tr><th width="203">Allocation</th><th width="118">Amount</th><th width="92">Percentage</th><th>Vesting</th></tr></thead><tbody><tr><td>Team</td><td>800,000</td><td>8%</td><td>Locked For 3 Months from Dex Listing, 5% monthly vesting</td></tr><tr><td>Marketing</td><td>700,000</td><td>7%</td><td>Locked For 1 Month from Dex Listing, 5% monthly vesting to increase and boost marketing efforts</td></tr><tr><td>Vault</td><td>900,000</td><td>9%</td><td>Locked For 72 Epochs from Dex listung (Usage To Be Determined By $FRN token Holders)</td></tr><tr><td>Rewards / Farming / Airdrop Pool</td><td>2,300,000</td><td>23%</td><td>Will Be Supplied To Minswap Farming Pools To Be Farmed By Liquidity Providers</td></tr><tr><td>Liquidity / Exchange Listing</td><td>800,000</td><td>8%</td><td>No Vesting</td></tr><tr><td>NFT Bonds</td><td>2,600,000</td><td>26%</td><td>Locked For 3 epochs from Dex listing, 10% vesting per Epoch</td></tr><tr><td>ISPO</td><td>400,000</td><td>4%</td><td>Locked For 3 epochs from Dex listing, 10% vesting per Epoch</td></tr><tr><td>Pre-Sale / Public Round</td><td>1,500,000</td><td>15%</td><td>No Lock / Vesting</td></tr></tbody></table>

## $FRN Token Utility

The FRN token will have several utilities within the Foreon Network ecosystem, including:

1. **Market Creation:** FRN token holders who lock 25,000 $FRN can gain the ability to create their own prediction markets. This mechanism ensures that market creators are invested in the ecosystem and contributes to maintaining the quality of markets on the platform.<br>
2. **DAO Governance:** FRN token holders will have the right in the future to vote on various aspects of the platform’s development, including but not limited to feature updates, tokenomics changes, and other governance issues. This empowers the community to direct the evolution of the Foreon Network.<br>
3. **Holder Rewards:** Users who Supply LP on the ADA-FRN pool on Minswap and stake their LP tokens will be eligible for Farming rewards.<br>
4. **Buy Backs:** A portion of the fees generated by the platform will be used to buy back and burn FRN tokens, reducing the supply and potentially increasing the value of FRN tokens.


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