Description
Freicoin (FRC) is a cryptocurrency designed to combat hoarding by implementing a demurrage fee, which causes it to lose about 5% of its value annually. This strategy encourages spending or investing rather than hoarding. Destroyed Freicoins are removed from circulation, with new coins minted to maintain supply. Freicoin aims to create a more equitable financial ecosystem by aligning stakeholder incentives and ensuring decentralized control. With a total supply of 100 million FRC and none currently in active circulation, the price of Freicoin recently stood at 0.00467218 USD, up 0.18% in the last 24 hours. More information can be found on their official website: [http://freico.in](http://freico.in).
Freicoin (FRC) is a cryptocurrency designed to combat hoarding by implementing a demurrage fee, which causes it to lose about 5% of its value annually. This strategy encourages spending or investing rather than hoarding. Destroyed Freicoins are removed from circulation, with new coins minted to maintain supply. Freicoin aims to create a more equitable financial ecosystem by aligning stakeholder incentives and ensuring decentralized control. With a total supply of 100 million FRC and none currently in active circulation, the price of Freicoin recently stood at 0.00467218 USD, up 0.18% in the last 24 hours. More information can be found on their official website: [http://freico.in](http://freico.in).
