Fren Pet

Fren Pet is a digital collectible and gaming asset that falls within the NFT, gaming, and metaverse classification. It is built around the Fren Pets application, where participants interact with virtual pet characters represented as non-fungible tokens. The project is aimed at users who want a game-like experience tied to digital ownership of on-chain pets.

Fren Pet operates as an application-layer token connected to the Fren Pets platform, where the FP token functions as the in-application currency or reward mechanism for pet-related activity. The asset does not have its own consensus algorithm or block time, meaning it relies on the settlement infrastructure of the underlying blockchain it is deployed on rather than operating an independent network. Beyond its role inside the Fren Pets application, the technical details stored for this asset are limited.

The data stored for Fren Pet does not include a fee stream, revenue figures, or information about who pays fees and who receives them, so fee-based measures are not calculable from the available records. What is recorded is a total value locked figure of 98,787.44 USD at the most recent point-in-time snapshot, which rose 6.02 percent over the trailing seven days, reflecting capital held within the protocol. The circulating supply stands at approximately 7,103,602 FP tokens, representing 71.04 percent of the maximum supply of 10,000,000 tokens, and 100 percent of the supply has already been issued.