What is Frogex

Article Summary, Automatically Generated By AI

About FrogeX


  • Why v2 was necessary:

    Froge (v1) had hardcoded charitable contributions, limiting its potential. FrogeX (v2) resolved this issue and added features for sustainability and success.

  • FrogeX features:

    • Dramatic reimagining of ETH reflection feature
    • Liquidity auto-locking and auto-posting
    • Deflationary aspect

  • Development:

    • 40-70% reduction in base costs after thousands of hours of development
    • Launched on Feb 22, 2022</li

About FrogeX

At the forefront of innovation, FrogeX is a pioneering force in the realm of cryptocurrency and blockchain technology, dedicated to fostering a seamless and secure environment for users to explore the vast expanse of digital assets.

The Necessity of

v2

: A New Era of Innovation

Froge

(v1)

had hardcoded the destination for its charitable contributions, which, although not a major obstacle, posed some risks and limitations to the team’s and community’s accomplishments. In response, FrogeX

(v2)

effectively addressed this issue while incorporating numerous additional features meticulously designed to optimize the project’s sustainability and success. As a token of appreciation, holders of Froge received an airdrop of FrogeX in a 1:1 proportion. Notably, unlike the original Froge

(v1)

contract, which was a clone-contract to some extent, the FrogeX contract

(v2)

was crafted from the ground up, in-house, by the project’s lead developer, Todd Durica of NC, USA (aka

“Moonco”

). Furthermore, FrogeX introduces groundbreaking reimaginings of the colloquial ETH reflection feature, marking another world’s first for the Froge Finance Project!

FrogeX represents a remarkable feat of engineering ingenuity, offering a pioneering and comprehensive solution to a long-standing problem. At its launch on February 22, 2022, ERC-20 tokens attempting to implement the “ETH Reflections” feature were widely criticized for being impractical and unfeasible due to their exorbitant gas usage, which resulted in high base costs compared to more straightforward tokens. Following thousands of hours of meticulous development, FrogeX has achieved a remarkable 40-70% reduction in base costs, rendering it a resounding success, as user-friendly to trade with as USDT.

For an in-depth examination of the aforementioned points, accompanied by rigorous proofs, as well as insight into additional FrogeX features, including liquidity auto-locking and auto-posting, and the deflationary nature of FrogeX, please visit the FrogeX website.

The Froge Finance Foundation, registered in The Hague, Netherlands, has established partnerships with esteemed organizations, including One Tree Planted and the Rainforest Foundation US (RFUS), and donates funds to support their noble causes. The Foundation remains committed to identifying and collaborating with additional eco-charities, ensuring the project’s ecological objectives are fulfilled. To achieve the financial aspects of the project, the token supply is capped, preventing the creation of new coins, and holders benefit from passive income generated through ETH reflections on every buy and sell transaction, while peer-to-peer transfers are exempt from taxation, facilitating the token’s use as a currency.

-The Froge Finance Team


FrogeX

embodies the catalyst for transformative change, empowering you to shape the future you envision.

Globe.

In a world where uncertainty prevails, traditional charity fundraising methods are rapidly becoming obsolete. As economic realities worsen, people’s disposable income dwindles, and charitable giving is increasingly relegated to the backburner. The Froge Project offers a modern, innovative solution to this pressing issue: By adopting Froge’s flagship token, FrogeX, users can contribute to worthy causes while benefiting from targeted advertising in return for their donations. This synergy creates a mutually beneficial pathway towards creating positive change.

A staggering average of over a million DeFi transactions takes place daily within the Ethereum Blockchain, amounting to billions of dollars in USD volume. Imagine if a portion of this excess volume could be harnessed to safeguard the world’s precious forests, rainforests, and the rich biodiversity they harbor, while simultaneously generating passive income for token holders. This visionary concept forms the very essence of the Froge Mission.

FrogeX represents the next evolutionary step in the esteemed lineage of the original Froge Token, which pioneered the concept of Eco-DeFi, a paradigm that embodies the principles of an “Ethical Currency.”

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