HOW IT WORKS

Token issuers use FRENLY's intuitive interface to create customized wallet allocations for their contributors. The process follows a straightforward workflow that ensures all parameters are properly configured before deployment.

The wallet creation process begins when token issuers access the FRENLY platform and initiate a new allocation. The system guides users through each configuration step, ensuring all necessary parameters are defined before the smart contract deployment.

Issuers assign a descriptive name to each wallet allocation for easy identification and management. This name serves as an internal reference and appears in the project's dashboard for tracking purposes. Names might include contributor types like "Presale-Batch-1" or "Advisor-JohnSmith" to maintain clear organization.

The platform presents available blockchain networks where the FRENLY wallet can be deployed. Initially supporting Binance Chain, Base and Arbitrum, with other EVM-compatible chain integration following after launch. Chain selection determines gas costs, transaction speeds, and integration possibilities for the resulting wallet.

Issuers specify the exact quantity of tokens to be allocated to the recipient's wallet. This amount represents the total allocation that will be subject to the configured selling limits. The system accepts standard token denominations and provides real-time USD value estimates based on current market prices.

A critical configuration choice determines whether selling limits are denominated in token quantities or USD values. Token-based limits remain constant regardless of price changes, providing predictable quantity restrictions. USD-based limits adjust automatically with token price movements, ensuring consistent dollar-value constraints even during significant price volatility.

Daily Limits establish the maximum amount that can be sold within any 24-hour period, resetting automatically at the same time each day (12:00AM UTC). Transactional Limits define the maximum amount allowable in any single transaction, preventing large individual sells while permitting gradual liquidation over multiple transactions.

These limits work in conjunction, meaning both constraints must be satisfied for any sell transaction to execute. For example, if daily limits allow $1000 but transactional limits restrict individual sales to $300, multiple transactions would be required to reach the daily maximum.

An optional feature allows issuers to set market capitalization thresholds that remove selling restrictions when project valuations fall below critical levels. When the market cap drops below the specified threshold, selling limits are lifted and holders can sell their entire position without restrictions. This protective mechanism ensures that contributors aren't trapped by selling limits during market downturns or project distress situations.

The threshold acts as a safety valve. While normal selling limits apply during healthy market conditions (above the threshold), these restrictions automatically disappear if the project's valuation declines significantly, giving holders the freedom to exit their positions entirely when needed most.
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This approach balances two important goals:
- Maintaining orderly selling during normal market conditions (when above threshold)
- Protecting holders from being locked in during adverse market events (when below threshold)

Issuers can configure a one-time "initial sell" allowance that permits recipients to realize immediate gains before recurring limits take effect. This feature particularly benefits presale participants who wish to recover their initial investment plus some profit immediately upon token launch. The initial sell amount is separate from and in addition to regular daily/transactional limits.

A sophisticated feature allows daily limits to accumulate over specified periods when unused. For example, if daily limits permit $500 in sales but a recipient doesn't sell for three days, they might accumulate $1500 in available selling capacity. Issuers can configure maximum accumulation periods and caps to balance flexibility with protection.

The final configuration step assigns ownership of the FRENLY wallet to the intended recipient by specifying their wallet address. This address becomes the permanent controller of the wallet, with the ability to execute transactions within the configured limits. Recipients can later transfer ownership if desired, but the selling limits remain permanently attached to the wallet contract.

After reviewing all configuration parameters, issuers approve the wallet creation and initiate the smart contract deployment. The system deploys the wallet contract with the specified parameters, transfers the allocated tokens to the new wallet, and provides confirmation of successful creation. Recipients immediately gain access to their new FRENLY wallet and can begin using it within the configured constraints.