🧊
True Freeze
  • 🧊True Freeze
  • FAQs
  • Quick Guide
  • True Freeze for Institutions
  • Origins
    • The Target Market
    • Common Risks in DeFi to Understand
    • True Freeze tries to be Risk-Minimized DeFi
  • Basics
    • Freezer NFT
    • Freezer-ETH Token (frETH)
    • Freezer Revenue Token (FRZ)
  • Tokenomics
    • Early Withdrawal Cost Calculation
    • FRZ Inflation Schedule
    • The Flywheel
    • Airdrop, Incentives, Insiders
  • Key Info
    • Token Addresses
    • Liquidity Bootstrapping
    • Decentralized Maintenance
    • Audited by Solidity.Finance
    • No (Centralized) Roadmap
    • Partner DAOs
  • Misc
    • MAX Freeze
    • Brand Assets
    • DeFi Trades vs OTC
Powered by GitBook
On this page
  1. Basics

Freezer NFT

Denominating ETH in NFT form allows every NFT marketplace to act as both Decentralized OTC and an options platform without directly impacting the price of ETH.

PreviousTrue Freeze tries to be Risk-Minimized DeFiNextFreezer-ETH Token (frETH)

Last updated 2 years ago

Here, a Freezer NFT was minted with 0.14 WETH. It was locked on June 10th, 2022 for 365 Days. This earned 0.14 freezer ETH (frETH) the yield token of True Freeze: 1 frETH = 1 ETH locked for 1 Year 3 things can be done with this NFT: 1. It can be held until the maturity date (June 10th, 2023) and then redeemed for 0.14 WETH. This earns all the frETH minted and paid upfront, with 0 frETH fee and 0 WETH penalty. 2. The NFT can be sold on any NFT marketplace in which case, applies. 3. The NFT can be redeemed early (before the maturity date) with a variable frETH fee and a 0.25% WETH penalty. The frETH fee falls every day until it reaches 0 on the maturity date. Early Withdrawal Cost Calculation

zero-coupon bond pricing