Fry Networks Docs
  • 🔻Tokenomics
    • Introduction
    • Token Categories
    • Supply & Allocation
      • FRY (Governance Token)
      • Segment Tokens
    • Reward System
      • Registration
      • Staking
      • Verification
      • Claim Process
      • Reward Structure
    • Conversion (Fry 1.0 to 2.0)
    • Fry 2.0 FAQs
  • 🔻Dashboard
    • Registration
    • Miner Key ID
  • 🔻Miners
    • BYOD (Bring Your Own Device)
      • Overview
      • BYOD Onboarding
    • Bandwidth/Satellite/Decibel Mini PC Miner
      • Troubleshooting
        • How to find seed phrase/passphrase in Pera Wallet
    • AI Camera Miner
      • Setting up the AI Camera
      • RTSP Stream
        • No-IP
    • Radiation Miner
      • GQ Geiger Counter
    • Energy Miner
      • Shelly Smart Plug
      • Ecowitt WITTSWITCH AC1100
    • Air quality Miner
      • PurpleAir Sensor Setup Guide
      • Ambient Weather PM2.5 Indoor/Outdoor Air Quality Monitor
      • Ecowitt WH41/WH43/WH45 Indoor/Outdoor Air Quality Sensor
    • Water quality Miner
      • IoPool Water Quality sensor
  • 🔻Nodes
    • Storage Decentralization Node
      • Storage Validator Node
      • Rewards Decentralization Node
      • Ensuring Node is Operational
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    • Conversion Ratios
    • Conversion Timeline
    1. 🔻Tokenomics

    Conversion (Fry 1.0 to 2.0)

    Conversion Ratios

    • FRY 1.0 to FRY 2.0: Conversion rate is set at 80:1, reflecting the supply change from the previous 8 billion to the new 1 billion maximum supply for FRY 2.0.

    • FRY 1.0 to Segment Tokens (e.g., fVPN, fNODE): Conversion rate is set at 40:1, matching the supply transition from 8 billion to 2 billion tokens for each segment (e.g., fVPN, fNODE, etc.), allowing for defined issuance of segment-specific rewards.

    Conversion Timeline

    • Conversions from FRY 1.0 to FRY 2.0 and segment tokens will begin after all miner types have been monetized and FRY 1.0 rewards are fully phased out. The transition timeline is estimated to be one to two years.

    • Liquidity support will include LP farms for both FRY 1.0 and FRY 2.0, without FRY 1.0 - FRY 2.0 trading pairs, reducing selloff pressure.

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    Last updated 1 month ago

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