#Brc20 hasn’t figured it out yet,#FERC20is here again!
ferc20 is actually an eth version of #brc20, which learns from each other's strengths and can be used as the main battlefield for eth's meme launch in the future. All the hot memes that are played now can be launched fairly on ferc20. After mint, it will still be the same as the original eth pool. After the launch of brc20, the transaction is still the same as nft, and the liquidity is much worse.
It should be noted that ferc20 only solves the problem of fair launch. There will be no delay in opening the pool and rug.
The simple understanding of this thing is that the gameplay of brc20 is changed to Ethereum, and gas is paid to generate coins.
However, FEC20 has some native advantages compared to BRC20, and you can use familiar wallets to mint tokens. There is no need to download a special BTC wallet like brc20, which lowers the threshold for user participation.
You can enjoy DEFI's powerful ecosystem. The current ecological construction of BRC20 is still in its early stages and is not yet complete. It does not require platform users to interact directly with the contract, enhancing user experience.
At present, the total amount of FERC is 11 million less, which is the same as the market value of ORDI, and FERC is about 20 dollars.
FERC is backed by the Ethereum ecosystem, with hot money and other projects already in progress. It has an ecological and traffic foundation. It is very convenient and fast to clean up and flow in after opening the channel.
The current FERC community atmosphere and cultural enthusiasm are steadily advancing. It is the best community I have seen so far this year, bar none.
To use a popular saying recently: This is a social experiment, and it’s unclear whether it will succeed. You can do some self-defense. You would rather kill someone wrong than let it go in case you succeed.
Casting Tutorial
1- Basic information
Website: https://erc20.cash
2- Deploy new tokens
Click the orange [DEPLOY] button and the following picture will appear:
In the picture above:
Tick: 4 letter token symbol, this is unique, first come first served
Name: Token name, up to 20 characters
Hard Cap: Maximum circulation
Limit Per Mint: The number of tokens obtained per minting
If you only fill in the above four items, a FERC20 token with no freezing period, no holding conditions, and free casting will be issued.
After filling in, click the [DEPLOY] button on the lower right to call the [metamask wallet] to start deploying new tokens.
3- Deploy high-end tokens
Click the [More Setting...] button in the picture above to display the high-level token configuration.
After filling in, click the [DEPLOY] button on the lower right to call the [metamask wallet] to start deploying new tokens.
4- Mint FERC20 tokens
Click the button above to start casting. First, the details of the token will be displayed, as shown below:
Check whether the casting parameters are correct.
Note: If there are tokens with holding conditions for minting, and if the holding conditions are not met, a red prompt will appear, and minting cannot continue at this time.
After clicking the [MINT] button, [metamask wallet] will pop up asking for confirmation, as shown in the picture below:
Look carefully at the green box in the picture above. This is the minting fee (because this tutorial is running on the Polygon testnet, it shows MATIC, which is ETH on the Ethereum mainnet)
After confirming that it is correct, click the [Confirm] button in [Metamask Wallet] to sign and send the transaction.
After a while, the transaction confirmation will be displayed and the coin minting will be completed.
5- Mint FERC20 tokens during the freezing period
If the token has a freezing period, it will enter the freezing period after free minting.
During the freezing period, you can continue to mint, but you need to pay a tip (denominated in ETH) to the platform. After entering the freezing period, the first minting tip is 0.00025ETH, the second is 0.0005ETH, and the third is 0.001ETH. . . That is, doubled each time.
During the freezing period, click the [MINT] button, and the following prompt will appear:
After clicking to confirm payment of tip, click the [MINT] button again to start casting.
Note: The red box in the picture above includes two fees, one is tip and the other is crowdfunding fee (if the token does not have crowdfunding fee, there is only tip)
If you want to continue casting during the freezing period, the tip amount will be doubled, as shown below:
Charging rules
- Deploy FERC20 tokens:
Free (only pay gas fee, the same below)
- Minting FERC20 without a freeze period:
free
- Minting FERC20 with a freeze period:
The first time is free. After entering the freezing period, the second time will be charged 0.00025ETH, and the third time will be charged 0.0005ETH, doubling each time. Until the end of the freezing period, you will have one free casting and enter the freezing period again.
- Minting Crowdfunded FERC20:
A 1% handling fee is charged each time. For example, if the crowdfunding price is 0.1ETH per FERC20, the handling fee will be 0.001ETH, and 0.099ETH will be credited to the crowdfunding organizer’s account immediately.
at last
In the first half of 2023, from the explosion of brc20 to the excitement of ferc20, in the final analysis, it is the concentrated outbreak of rigid demand for "fair distribution of chips". From the initial BTC mining, 2017 ICO, to later ieo, ido, interactive airdrops, etc., the chip allocation method is constantly evolving. Therefore, we should pay full attention to it. If new projects in the future adopt the brc20 and ferc20 token distribution models, huge dividends will be released.