HOW IT WORKS

Token recipients receive FRENLY wallets that function like standard cryptocurrency wallets with embedded selling constraints. The experience prioritizes user control while maintaining the protective mechanisms that benefit the broader project ecosystem.

Recipients can view their selling limits and current status through the FRENLY interface or by interacting directly with their wallet contract. Daily Limits show the maximum amount available for sale within any 24-hour period, along with the current remaining capacity and reset time. Transaction Limits display the maximum amount allowed in any single sell transaction.

‍USD-denominated limits automatically adjust based on current token prices, while token-denominated limits remain constant regardless of price movements. Recipients can monitor their limit status in real-time and plan their selling strategy accordingly. The interface provides clear feedback about when limits reset and how much capacity remains available.

‍Accumulation features, when enabled, allow recipients to see how unused daily limits build up over time. This creates strategic opportunities for larger sells by accumulating capacity over multiple days, providing flexibility while maintaining overall protection for the project.

FRENLYSwap provides the primary selling mechanism for transactions within configured limits. Recipients initiate sell transactions through the FRENLY interface, which automatically routes orders through integrated DEX liquidity pools. The system charges a 1% fee on all FRENLYSwap transactions, which contributes to protocol revenue and community rewards.

‍Transaction Execution follows a streamlined process where recipients specify the amount they wish to sell, confirm the transaction parameters, and execute through their connected wallet. The smart contract automatically validates that the transaction complies with both daily and transactional limits before processing. Failed transactions due to limit violations are clearly explained with specific guidance about when selling capacity will be available.

‍Limit Enforcement occurs automatically at the smart contract level, making violations impossible rather than merely discouraged. Recipients receive clear feedback about their current selling capacity and can plan transactions accordingly. The system provides estimates of transaction costs, expected proceeds, and limit consumption before execution.

PoolParty integration provides an alternative selling mechanism that bypasses all configured limits while avoiding chart impact. Recipients can access unlimited selling capacity through C1 Pools, which execute transactions off-market through institutional counterparties and OTC networks.

‍OTC Execution routes large sell orders through PoolParty's C1 Pool network, which matches sellers with institutional buyers or liquidity providers. These transactions occur completely separate from public DEX markets, eliminating price impact while providing professional-grade execution for larger amounts.

‍Zero Price Impact applies to PoolParty transactions, encouraging recipients to use this method for larger liquidations rather than impacting public markets. The integration automatically determines when PoolParty offers better execution than standard DEX routing, providing seamless access to optimal liquidity sources.

‍Aggregator Integration ensures PoolParty options appear in major DEX aggregators when they provide the best available rates. This creates natural discovery and adoption of OTC options when they benefit the user, while maintaining market protection for the underlying project.

FRENLY wallets support ownership transfers while maintaining all configured selling limits and constraints. This feature enables secondary markets, inheritance planning, partnership restructuring, and various other scenarios where allocation ownership might need to change hands.

‍Transfer Process allows current wallet owners to initiate ownership transfers to new addresses through the FRENLY interface. The new owner must accept the transfer, creating a two-step process that prevents accidental or malicious transfers. All selling limits and constraints transfer with the wallet ownership, ensuring protection remains in place regardless of who controls the wallet.

‍Use Cases include secondary market trading where investors can buy and sell limited allocations, inheritance situations where allocations need to transfer to beneficiaries, partnership changes where contributor relationships evolve, and collateralization where allocations serve as backing for loans or other financial arrangements.

‍Preserved Constraints ensure that all selling limits, accumulation rules, and other parameters remain permanently embedded in the wallet contract regardless of ownership changes. New owners receive full documentation of the wallet's constraints and capabilities, maintaining transparency throughout the transfer process.