**Last week, @jackygu2020 launched the fair concept FERC20 on Ethereum, trying to bring BRC-20’s Fair Launch back to Ethereum, which aroused discussion and attention from the community. **
**FERC20 can be seamlessly integrated in DeFi, with functions such as lock-up period and crowdfunding attributes, preventing front-end transactions and robots. This article will evaluate FERC20 performance data since its launch. It can be seen that in the current sluggish market situation, after the emergence of new hot spots, the activity will be greatly reduced after the short-term hype of speculative funds and the departure of profit-making addresses. Long-term development requires more practical application construction. **
FERC20 Overview:
FERC20 allows tokens to be deployed by any address using a four-letter identifier. Any address can mint FERC20 tokens. A total of 14,939 addresses have participated in minting since May 31, making 139,551 transactions (an average of 9.3 per address).
FERC20 Daily Volatility Data:
On June 1, a peak was observed. A total of 13,519 addresses participated, initiated 106,310 minting transactions, and minted 116 FERC20 tokens. However, activity showed a clear downward trend.
About FERC:
The first token deployed based on Fair ERC20, $FERC, has grown 10x from $0.1 to $1.15 since June 1st.
The liquidity on Uni is close to $900,000, and the transaction is relatively active, exceeding $10 million on June 1 and June 5.
About FERC's minting:
Of the top 15 addresses holding the most minted tokens, 13 have fully sold their tokens, while the remaining two have sold 95% and 50% of their tokens, respectively.
Profit address:
The top 10 profitable addresses each earned more than $500,000, with the top address earning a profit of $5.52 million.
FERC20 Transaction Statistics:
On June 1st, total FERC20 transaction volume reached $33.64 million, of which $FERC contributed nearly half. But from June 2nd to 5th, $FERC dominated with nearly 80% while other tokens were relatively weak.
FERC’s transaction addresses accounted for about 70% of all FERC20 addresses, only dropping to about 50% on June 4th.
FERC's transactions accounted for about 60% of all FERC20 transactions, but fell below 40% on June 4.
** Overall active limited:**
Trading activity for the FERC20 token peaked the day after launch, before dropping off significantly thereafter. The number of FERC20 tokens participating in addresses and deployments is limited, and FERC's speculative transactions account for most of the funds.
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Looking at the activity curve of new concepts in the market from the on-chain data of FERC-20
Author: @DodoResearch, Compiler: Odaily Planet Daily Xiaofei
**Last week, @jackygu2020 launched the fair concept FERC20 on Ethereum, trying to bring BRC-20’s Fair Launch back to Ethereum, which aroused discussion and attention from the community. **
**FERC20 can be seamlessly integrated in DeFi, with functions such as lock-up period and crowdfunding attributes, preventing front-end transactions and robots. This article will evaluate FERC20 performance data since its launch. It can be seen that in the current sluggish market situation, after the emergence of new hot spots, the activity will be greatly reduced after the short-term hype of speculative funds and the departure of profit-making addresses. Long-term development requires more practical application construction. **
FERC20 Overview:
FERC20 allows tokens to be deployed by any address using a four-letter identifier. Any address can mint FERC20 tokens. A total of 14,939 addresses have participated in minting since May 31, making 139,551 transactions (an average of 9.3 per address).
FERC20 Daily Volatility Data:
On June 1, a peak was observed. A total of 13,519 addresses participated, initiated 106,310 minting transactions, and minted 116 FERC20 tokens. However, activity showed a clear downward trend.
About FERC:
The first token deployed based on Fair ERC20, $FERC, has grown 10x from $0.1 to $1.15 since June 1st.
The liquidity on Uni is close to $900,000, and the transaction is relatively active, exceeding $10 million on June 1 and June 5.
About FERC's minting:
Of the top 15 addresses holding the most minted tokens, 13 have fully sold their tokens, while the remaining two have sold 95% and 50% of their tokens, respectively.
Profit address:
The top 10 profitable addresses each earned more than $500,000, with the top address earning a profit of $5.52 million.
FERC20 Transaction Statistics:
On June 1st, total FERC20 transaction volume reached $33.64 million, of which $FERC contributed nearly half. But from June 2nd to 5th, $FERC dominated with nearly 80% while other tokens were relatively weak.
FERC’s transaction addresses accounted for about 70% of all FERC20 addresses, only dropping to about 50% on June 4th.
FERC's transactions accounted for about 60% of all FERC20 transactions, but fell below 40% on June 4.
Trading activity for the FERC20 token peaked the day after launch, before dropping off significantly thereafter. The number of FERC20 tokens participating in addresses and deployments is limited, and FERC's speculative transactions account for most of the funds.