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Frictionless Overview
24h High
$0.00
24h Low
$0.00
7d Change
-0.35%
30d Change
+3.59%
Volume 24h
$0
Circulating Supply
500.00M FRICTION
Frictionless News
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About Frictionless
Frictionless is a platform for transferring cryptocurrency that utilises smart contracts for secure, decentralised operations. It focuses on addressing liquidity, market impact, and investment reliability issues in the realm of decentralised finance (DeFi). The platform aims to safeguard asset market prices during liquidations, improving DeFi trading by encouraging community involvement and evolving into a comprehensive peer-to-peer exchange. The FRIC token, essential for accessing services and ensuring secure transfers, enables non-custodial swaps and market access following its launch. The value of the token increases alongside platform usage and stake, generating revenue through transaction taxes and fees to sustain operations and reward token holders. Additional benefits are unlocked with more FRIC tokens, with the goal of averting market liquidations and stabilising prices through decentralised vesting solutions. Frictionless was established by Milan Jandik, who serves as its CEO.
Frictionless is a platform designed to facilitate the secure and efficient transfer of cryptocurrency through smart contracts, operating in a decentralised and trustless manner. It aims to empower projects and investors by mitigating the negative impacts on asset market prices that are often associated with liquidation processes. The platform utilises blockchain technology to offer solutions for prevalent issues in decentralised finance (DeFi), including liquidity constraints, market impact, and the reliability of investments. Frictionless is committed to transforming the DeFi trading landscape by promoting community engagement and evolving into a comprehensive decentralised peer-to-peer (P2P) exchange.
The FRIC token is integral to the Frictionless platform, enabling access to services and securing on-chain cryptocurrency transfers. It supports non-custodial, trustless asset swaps and provides access to markets for projects and investors after a token launch. The token's value is linked to the platform's traffic and its utility on the blockchain, which increases with a larger stake in the token. Revenue is generated from transaction taxes and fees, which are used to fund operations and reward token holders. Holding more FRIC tokens unlocks additional benefits and features, aiming to eliminate negative effects on asset prices by avoiding market liquidation and offering decentralised custom vesting solutions to stabilise asset prices and protect investors.
Frictionless was founded by Milan Jandik, who serves as the CEO.
Frictionless Markets
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Frictionless Platforms
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Frictionless Market Data
The live Frictionless price today is $0.00 USD with a 24-hour trading volume of $0.00 USD. We update our FRICTION to USD price in real-time. Frictionless is tracking market moves in the last 24 hours.
The current market cap is $56,527.49 USD. The circulating supply is 500,000,000 FRICTION.