Freicoin
FRC

1.757
XVP
0.17 %
Change 24h
Genesis
December 21, 2012
Market Cap
XVP 190,809,758
Volume 24h
XVP 8344.3
Circulating Supply
108,619,000
Total Supply
100,000,000
FRC
XVP
Description
Freicoin is a demurrage currencies that aligns the incentives of bankers and financiers. It loses approximately 5% of its value each year where the destroyed money is permanently taken out of circulation. An equal amount of freshly minted Freicoin will be created to help maintain supply.