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In-depth analysis of friend.tech V2: core functions, token distribution and room for growth

May 7, 20:00
In-depth analysis of friend.tech V2: core functions, token distribution and room for growth

1. friend.tech V2 was launched during the May Day holiday, adding a paid group Club function, a unique fee design mechanism and a LP APY of up to 600%, making it a hot topic again.
2. The friend.tech V2 page design is simple, including Club, creator search box, wallet, event and Chat modules. Club is its core function, allowing users to create clubs with different themes. Transactions only support platform tokens FRIEND and charge a 1.5% fee.
3. friend.tech also plans to launch new features such as Keydrops, Memeclubs and Pinned Rooms to provide users with a more diversified social experience.
4. friend.tech's token distribution strategy is to distribute 100% to the community. Initially, only 10% of FRIEND can be claimed, and the remaining 90% needs to be claimed after joining the Club and following 10 people. Currently, the token is only circulated within the platform and is not open for conversion, but it provides up to 600% LP income.
5. The liquidity and transferability of FRIEND tokens are key factors. If the token transferability is enabled, the liquidity of FRIEND will be greatly improved, but it may also affect the rewards of LP providers. At present, some abnormal trading behaviors have appeared in the market, adding uncertainty to FRIEND.

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