PROMO

Franklin Labz Teases Revolutionary flCORE Token and NFT Ecosystem Set for Core Blockchain

by BSCN

January 24, 2025

chain

Philadelphia-based Franklin Labz is launching flCORE, revolutionizing staking rewards and NFT utility within the Core Blockchain ecosystem.

Franklin Labz, a trailblazer in blockchain innovation from the city of Philadelphia, is preparing to introduce a novel DeFi ecosystem with the upcoming launch of the flCORE token and its integrated NFT framework on the Core Blockchain. Drawing inspiration from their namesake, Benjamin Franklin, this initiative promises to redefine staking and token utility.

Revolutionary Token Features

The flCORE token introduces several groundbreaking features to the DeFi space:

  • Each flCORE token maintains a 1:1 backing with stCORE, ensuring a robust foundation
  • Advanced staking rewards system with daily distributions automatically converted from validator earnings
  • Innovative automatic minting mechanism that processes validator rewards in CORE daily at 00:00 UTC

Integrated NFT Ecosystem

The accompanying NFT framework brings unique value propositions:

  • Strategic tiered yield access system where NFTs serve as gateways to enhanced staking rewards
  • Carefully managed supply cap of 1,000 NFTs with built-in redemption mechanics for flCORE
  • Dynamic market structure balancing rarity and liquidity

Ecosystem Architecture

The flCORE ecosystem has been meticulously designed with several key features:

  • Centralized minting authority restricted to Franklin Labz's treasury for optimal inflation control
  • User-driven NFT generation system utilizing staking rewards
  • Dual-value NFT structure featuring both market and redemption values
  • Strong focus on community engagement through governance and exclusive benefits

Launch Specifications

The initial launch will feature:

  • Base token supply of 100,000 flCORE, fully backed by stCORE
  • Immediate availability of the inaugural NFT collection

"We're on the cusp of introducing something truly transformative with flCORE," states CF.core, Co-Founder of Franklin Labz. "This isn't merely another token or NFT project; it's a comprehensive ecosystem that will elevate how staking and digital assets interact. We're excited for the community to experience this innovation firsthand."

Stay Connected

For real-time updates and announcements about the flCORE launch, follow @FranklinLabz on social media and enable notifications.

About Franklin Labz

Founded in Philadelphia, Franklin Labz continues to innovate at the intersection of blockchain and finance, aiming to deliver solutions that empower and engage users. The flCORE ecosystem represents their next step towards a more inclusive and rewarding DeFi landscape.

Contact Information

Follow: @FranklinLabz (Notifications recommended)

 

Disclaimer: This is a paid press release. BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $650. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

 

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BSCN

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