FRIENDCHIPS Key on Friend Tech
As the FRIENDCHIPS wallet on BASE acquires more ETH and starts to acquire Keys, it is expected that other Friend Tech users will acquire the FRIENDCHIPS Key in anticipation of this.
5% of all bridged ETH will be used to purchase the FRIENDCHIPS Key on base, meaning there may be high levels of price speculation on the FRIENDCHIPS Key, which should result in trading fees accruing in ETH.
These trading fees will be used to purchase more Keys and further expand the Friend Tech treasury.
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