What is FRENLY?

FRENLY is a smart contract wallet system that enables token issuers to distribute allocations to contributors with embedded, immutable sell limits. Unlike traditional vesting that locks tokens away from users, FRENLY wallets provide immediate custody while enforcing predetermined trading constraints through smart contract logic.

Each allocation recipient receives a dedicated smart contract wallet that operates as a fully functional cryptocurrency wallet with embedded trading rules. These wallets function identically to standard wallets for all activities except selling, where the smart contract enforces predetermined limits automatically.

FRENLY provides two distinct mechanisms for token liquidation. FRENLYSwap enables standard DEX trading with limit enforcement and charges a 1% fee on transactions. PoolParty C1 Pools offer unlimited OTC selling with zero chart impact and zero tax (where transfer tax is not in place), providing an escape valve for larger liquidations.

Once a FRENLY wallet is deployed with specific parameters, those rules become permanently embedded in the smart contract. No party, including the original issuer, can modify the selling limits or override the constraints. This mathematical certainty replaces trust-based agreements with code-based enforcement.

Project founders and teams use FRENLY to distribute allocations while protecting their token charts from unexpected sell pressure. Launchpads and incubators implement FRENLY for presale distributions. DAOs utilize the system for governance token distributions and contributor rewards.

Presale investors receive allocations with predictable, enforceable selling schedules. Team members and advisors get immediate custody of their tokens while providing chart protection to their projects. Influencers and marketing partners can demonstrate commitment to long-term project success.

FRENLY eliminates the trust problem in token distributions by ensuring selling agreements are mathematically enforced. Projects maintain chart stability while still providing immediate value to contributors. The cultural movement aspect creates positive PR and community trust when projects choose to use FRENLY.

Recipients gain immediate custody and control of their tokens while enjoying flexible exit strategies. The dual liquidation pathways ensure they're never truly "locked" since OTC options remain available. Transferable wallets provide additional flexibility for inheritance, partnerships, or collateralization.

FRENLY promotes responsible token distribution practices industry-wide. The protocol reduces market manipulation and improves price discovery by eliminating coordinated dumps. The cultural movement helps establish new standards for contributor behavior and project accountability.