autorenew
FROK on Base: AI-Powered Compute, EIP-1559-Style Fees, and Real Utility Beyond Memes

FROK on Base: AI-Powered Compute, EIP-1559-Style Fees, and Real Utility Beyond Memes

Editor's Pick: Check FROK's chart or trade directly using gmgn.ai web version or Telegram Bot to stay ahead of the market.

FROK is a Base Layer 2 project aiming to turn “meme” momentum into real utility by building a market for AI test-time compute. Think of it as pay-per-use access to “raw intelligence,” where on-chain mechanisms allocate inference capacity the way gas markets allocate blockspace. Originally known as Frox.ai, FROK blends AI and decentralized infrastructure to prioritize speed, ergonomics for power users, and a transparent, utility-first token model.

What makes FROK different

  • AI-driven smart contracts: Contracts that can act on predefined conditions enhanced by AI, so more of the application logic can be automated.
  • Machine learning feedback loops: Continuous optimization of network efficiency, security, and UX.
  • Decentralized governance: Token holders vote on protocol upgrades and parameters.
  • Advanced encryption: Robust cryptography underpins security across the stack.
  • EIP-1559-like pricing for compute: A dynamic “base fee” adjusts with real-time utilization, similar to Ethereum’s EIP-1559. By referencing FROK/ETH pricing, the design aims to keep the purchasing power of compute more stable over time.
  • On-chain app logic and open primitives: FROK plans to embed application logic directly on-chain and open-source the primitives, encouraging decentralized frontends and broader developer reuse.

Plain-English note: “EIP-1559-like” means the protocol automatically changes fees based on demand, burning or adjusting parts of fees to better balance supply and demand. Applied here, it’s about pricing AI inference capacity rather than just blockspace.

FROK v0: crypto-native AI tools

The upcoming FROK v0 release layers a chat interface over highly optimized primitives tailored to crypto users:

  • Crypto-focused web search and basic market data
  • Labeled wallet resolution (who’s who on-chain)
  • ENS and Base Name resolution
  • On-chain spot balance lookups across thousands of curated tokens and many chains

The goal is to give builders and power users fast, ergonomic “AI copilots” that speak crypto natively, while keeping the logic verifiable and accessible on-chain.

Tokenomics at a glance

  • Chain: Base (L2)
  • Max supply: 420.69 million FROK
  • Circulating supply: ~200 million FROK (recent data)
  • TGE: December 2023–February 2024
    • Raised 365.2096 ETH (18.26% of supply)
  • Initial distribution:
    • Team: 11.74%, with an 8-month cliff (until Feb 8, 2026), then 24-month linear vesting (until Jun 8, 2027). A “cliff” means tokens stay locked until that date.
    • Early supporters and TheLlamasDAO: 18.26%
    • Treasury Available Growth Reserves: 29.5% (25% + 4.5%)
    • Vested Growth Reserve: 40.50%, governed by a Supervisory Multi-Sig. Disbursements unlock as Monthly Active User milestones are hit:
      • 10% cumulative unlock at 20k MAU
      • 10% cumulative (to 20%) at 50k MAU
      • 10% cumulative (to 30%) at 100k MAU
      • 10.5% at 250k MAU
      • Exception: Up to 15% can be disbursed if subjected to at least an 18-month linear vest with a 12-month cliff.
  • Protocol fees:
    • 100% of fees paid in FROK flow to the Treasury
    • 30% delivered immediately, 70% vests linearly over five years
  • Utility:
    • Pay transaction and protocol fees
    • Governance voting on upgrades
    • Access premium AI features
    • Rewards distribution for contributors
    • Tradable on DEXs and other platforms

Why this design matters: tying disbursements to MAU and vesting aligns growth with real usage, while fee vesting supports long-term sustainability instead of short-term extraction.

Market performance snapshot

Recent research snapshots (not real-time) show:

  • Price points observed around ~$0.03211 and ~$0.02023
  • Market capitalization ranging from ~$4.069M to ~$13.5M
  • 24h volume in the ~$15.5K to ~$31.7K range
  • All-time high: $0.2503; all-time low: $0.01537

As always, crypto markets are volatile. Consider these figures illustrative rather than live.

Where to explore and trade FROK

FROK is primarily available on Base-native DEXs:

You can also analyze and trade FROK via GMGN.AI’s dedicated page:

Tip: GMGN.AI provides real-time analytics, smart money tracking, and automated trading tools tailored to meme tokens across chains, which can be helpful for discovery and risk checks before you swap.

Risks and due diligence

  • Smart contract audit status: No audit has been submitted on BaseScan at the time of writing. You can review the contract here: https://basescan.org/address/0x42069babe14fb1802c5cb0f50bb9d2ad6fef55e2#code
  • Tokenomics complexity: Milestone-based and vesting-heavy schedules require careful reading so you understand potential unlock dynamics.
  • Market volatility: As with most early-stage, narrative-driven tokens, prices and liquidity can swing quickly.

Why FROK matters

FROK is a notable attempt to price and allocate AI inference the way blockspace is priced and allocated on-chain. By pairing an EIP-1559-style fee model with a crypto-native AI interface (FROK v0), plus governance and open primitives, the project aims to turn “meme energy” into real throughput for builders and power users. If the team delivers on embedding AI-enhanced logic on-chain and scaling MAU in step with token disbursements, FROK could become a useful gateway to AI resources on Base for traders, analysts, and developers alike.

You might be interested