FK token is the only global token of the FKEx autonomous mining pool trading platform, abbreviated as FK. Initially released based on the Ethereum ERC 20 protocol, it will be transferred to the self-developed public chain in the future. The total amount of issuance is constant at 900 million and will never be increased. The smart contract will automatically be executed by half every two years. FK holders have a series of rights and interests to participate in Community Governance, vote, supervise, and so on. Every quarter, 30% of the platform's net profit for the current quarter will be used to repurchase FK, and the repurchased FK will be directly destroyed until a total of 200 million FK tokens are destroyed. Repurchase will make FK extremely deflationary and increase scarcity.
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