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

Philadelphia-based Franklin Labz is launching flCORE, revolutionizing staking rewards and NFT utility within the Core Blockchain ecosystem.
BSCN
January 24, 2025
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)
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