FRY 3.0 Litepaper · Fry Networks

01

Why 3.0

Two prior token generations taught hard lessons. FRY 3.0 is built on what broke.

FRY 1.0 — The Mistakes

8 billion supply. Max supply locked on a 70-year unlock schedule — annual token floods crushed price action and exhausted the reward pool. No freeze or clawback on the ASA meant stolen tokens were gone forever.

FRY 2.0 — The Limits

2 billion supply. Freeze and clawback restored. But the four-token model (FRY 2.0, fNODE, fVPN, tFRY) fragmented liquidity and confused onboarding. After FIP-016 consolidated all miners into FEM, four tokens for one miner made no sense.

FRY 3.0 — The Fix

6 billion supply. One token, all functions. Perpetually sustainable emission model — no unlock cliffs. No registration stake — mine immediately. Optional verification stakes multiply rewards up to 3×.

02

Token Economics

6 billion tokens across eight allocation pools with defined vesting, a 15% annual emission decay, and a hybrid burn that removes supply permanently.

Allocation

Mining Rewards

45%

2,700,000,000

Team (4yr vest)

15%

900,000,000

Treasury (DAO)

12%

720,000,000

Legacy Conversion

10%

600,000,000

DEX Liquidity

8%

480,000,000

Ecosystem / Airdrops / Advisors

10%

600,000,000

Emission Schedule (NRE)

The Mining Rewards Pool emits 5,000,000 FRY per week at launch, decaying 15% each year. The pool is split among all online, healthy, registered FEM devices — fewer devices means higher per-device rewards. FEM launches with zero registrations, so early adopters earn dramatically more.

100 Devices

~38,462

FRY/week (1×)

500 Devices

~8,333

FRY/week (1×)

10,000 Devices

~385

FRY/week (1×)

50,000 Devices

~77

FRY/week (1×)

Perpetual Pool

The 15% annual decay converges to ~1.73B total emitted. Since the pool holds 2.7B, it never depletes — ~967M FRY remains as a permanent reserve for future DAO decisions.

03

Staking & Claims

Amplify rewards with a per-device verification stake. Choose between instant payout (30% fee) or full value after 30-day maturation.

Verification Stake Multipliers

Stake FRY against each device from the Fry dashboard — FRY 2.0 today, FRY 3.0 after the migration. Short locks need more capital; long locks need less. The amount is set per device product tier and shown at stake time. The multiplier stays active until you withdraw — lock expiry alone does not revert it.

Tier	Lock	Stake	Multiplier
Unregistered	—	—	0×
Registered	None	0	1×
24-hour lock	24h min	430 – 2,235 FRY 2.0 (per device tier)	1.5×
6-month lock	6mo min	143 – 745 FRY 2.0 (per device tier)	3×

Planned

LP-token stakes — FRY 3.0/USDC liquidity-pool tokens in place of raw FRY, so every verification stake also deepens DEX liquidity — are a designed upgrade and are not live. The tiers above are what the dashboard accepts today. LP-token staking activates by DAO vote alongside the FRY 3.0 migration.

Instant vs Matured Claims

Instant Claim

70%

Receive 70% of earned rewards immediately. 30% fee collected — a portion flows to Fry Fee Genesis NFT holders.

Matured Claim

100%

Wait 30 days. Receive 100% of earned rewards with zero fee. Patient operators keep everything.

Rewards accrue daily and roll up into a weekly row every Friday at 00:00 UTC (FRYday). Each weekly row can be claimed instantly for a 30% fee or left to mature for 30 days and claimed in full; claims are always manual, from the Fry dashboard to the operator's chosen Algorand address. Until the FRY 3.0 migration, claims pay out in tFRY or fNODE; the 5M FRY/week NRE pool switches on with FRY 3.0.

04

Fry Edge Miner

One desktop app (v0.4.29). 10 integrations, each toggleable. No registration stake. No IP or location limits on FEM itself — partner-side limits are detected before start and surfaced in the app, with a per-device override.

Integration	Role	Vertical	Resource
Fry dVPN	Required	VPN / Bandwidth	Bandwidth for the Fry decentralized VPN (bundled node)
Olostep	Required	Data Collection	Web scraping & structured data extraction
Mysterium	Official	VPN / Bandwidth	Network bandwidth via MystNodes VPN
Diiisco	Official	AI / Compute	Local AI model inference
SpaceAcres	Official	Storage	Disk space for the Autonomys Network
Storj	Community	Storage	Decentralized storage for the Storj network
Titan Network	Community	Edge / Storage	Storage, bandwidth & IP via Titan edge nodes
Sentinel dVPN	Community	VPN / Bandwidth	Decentralized VPN bandwidth on Cosmos
Iagon Storage	Community	Storage	Decentralized storage on Cardano
Pawns.app	Community	Bandwidth	Residential bandwidth sharing

Devices prove uptime via Proof of Connectivity (PoC) — 144 ten-minute slots per day, each passing six gates (data · online · MAC · PoL · PoI · PoA). One required integration (Fry dVPN or Olostep) earns the full base reward; the second required adds +15%, each official partner +10% and each community integration +5%, up to 1.70× with everything running. An integration counts as active only when it is enabled and healthy. All partners pay Fry Networks in FRY 3.0; payments made in other assets are manually converted.

VPNIOT Miners

VPNIOT devices are a second hardware class of the Fry Edge Miner: small ESP-class boards running Fry firmware v0.2.0 that register as FEM devices through the same hardware API, submit the same 144 ten-minute PoC slots and earn under the same FEM reward model. Each node is a residential Fry dVPN endpoint — the relay reaches it over its tunnel and traffic egresses through the home uplink.

Provision in Minutes

ESP8266 boards open a setup hotspot with a captive portal; ESP32 boards pair over Bluetooth through the Fry Android app. Registration completes against the same hardware API as the desktop miner.

dVPN Relay Role

ESP32 nodes hold a WireGuard tunnel to the Fry dVPN with an in-tunnel SOCKS5 forwarder; ESP8266 nodes run a lightweight SOCKS5 relay. The tunnel is never the device's default route.

Signed OTA, No Keys

Updates are SHA-256-verified and forward-only; ESP32 keeps a second slot and falls back after three failed boots. No wallet keys live on the device — only the payout address and a device identity that survives factory reset.

05

Governance & Fees

Token-weighted DAO voting with super majority and hidden vote mechanisms. Community-submitted proposals (cFIPs) alongside founder FIPs. Hybrid fee burn with Genesis NFT fee distribution.

DAO Voting

Voting is separate from verification staking. Each vote costs 1 FRY 3.0 staked for 6 months in the DAO contract — 100 votes means 100 FRY locked. Proposal types determine the voting mechanism: simple majority for standard FIPs, super majority for high-impact changes, hidden votes for sensitive proposals.

Community FIPs (cFIPs)

Any community member can submit a cFIP via vote.frynetworks.com with Discord OAuth and a minimum FRY 3.0 stake. Each cFIP goes through discussion → temperature check → founder review → official vote. One revision allowed. Rate-limited to prevent spam. 90-day cooldown on resubmission.

Fee Distribution & Burn

Protocol fees flow through Genesis NFT allocations first, then the remaining balance enters the hybrid burn: 50% permanently destroyed, 50% to DAO treasury. The ratio is DAO-adjustable.

Collection	Supply	Fee Source
fry.farm Genesis	1,000	10% of fry.farm platform fees
Fry Fee Genesis	2,000	Portion of the 30% instant claim fee
fry.market Genesis	TBD	fry.market marketplace fees (planned)

06

Token Migration

Snapshot-based conversion on the day FIP-017 passes. All converted tokens vest linearly over 12 months. Unclaimed legacy rewards at snapshot are nullified.

FRY 2.0 (ASA 2485314946)→FRY 3.01 : 1

fNODE (ASA 2485202024)→FRY 3.01 : 1

tFRY (ASA 2681521901)→FRY 3.01 : 1

fVPN (ASA 2485198745)→FRY 3.01 : 1

FRY 1.0 (Legacy)→FRY 3.080 : 1

12-Month Vesting

All converted tokens vest linearly over 12 months from launch (1/12th monthly). Vesting starts at launch for everyone — claiming later does not extend the schedule. Late claimers receive vested-to-date immediately. 12-month claim window; unclaimed tokens transfer to DAO treasury.

07

Roadmap

Phase 1 — FEM + Presale

Q3 2026

FEM released (v0.4.29, Windows). FRY 3.0 ASA created on mainnet. FRY 3.0 presale. Blockchain snapshot (FIP-017). Conversion contract + migration interface deployed. Initial DEX liquidity seeded.

Phase 2 — FRY 3.0 Live

Q4 2026 – Q1 2027

First FRYday NRE epoch. All dApps denominated in FRY 3.0. Hybrid burn live. Fry dVPN node already shipped inside FEM and as IoT firmware v0.2.0 — relay capacity and residential exit coverage expand. Ecosystem grants + community airdrops launch.

Phase 3 — Scale

Q2 – Q4 2027

Fry dVPN production scale-out across FEM desktops and IoT nodes (dual-VPN revenue for operators). Solana cross-chain bridge. 50K+ device target. FEM on macOS + Linux. DEX aggregator integrations.

Phase 4 — Maturity

2028+

Full DAO governance transition. 100K+ devices. Additional L1/L2 bridges. Institutional infrastructure services. Mobile FEM exploration.

FRY3.0

FRY
3.0