FREX is built by the LiberTech team as an open and transparent, decentralized financial system that integrates stable assets, liquidity protocols, and lending derivative markets, providing users with one-stop DeFi services.
FREX is constructed on FREED, our self-developed high-performance, low-fee mainchain, implementing a dual-token mechanism of parent and child tokens. The parent token is FREED, with a total supply of 1 million tokens; the child token is Flyfish FLFI, with a total supply of 100 million tokens.
FLFI serves multiple functions within FREX, including fee payments, platform governance, risk management, and market incentive programs.