FREX is an open, transparent, and decentralized financial system built by the Freelancer technical team. It integrates stable assets, liquidity agreements, and lending derivatives markets to provide users with one-stop DeFi services.
FREX is built on the self-developed high-performance and low-fee main chain free chain FREED, and implements the dual pass mechanism of child and mother coins. The mother coin is FREED, with a total of 1 million pieces; the child coin is Feiyu FLFI, with a total of 1 million 100 million pieces.
FLFI undertakes multiple functions in FREX, including fee payment, platform governance, risk management, market incentives, etc.