Freicoin
FRC

1.323
XVP
0.11 %
Change 24h
Genesis
December 21, 2012
Market Cap
XVP 151,491,645
Volume 24h
XVP 0
Circulating Supply
114,534,000
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.