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14.2 Understanding FreCx (Polygon network)

FreCx in Polygon is a token deployed on the Polygon network that represents FreCx in a native form. It is fully backed by FreCx tokens locked on the FreCx network.

For every unit of FreCx minted on Polygon:

  • an equivalent amount of FreCx is locked on the FreCx chain

Similarly, when FreCx is burned in Polygon,

  • the corresponding FreCx is released back to the user

This mechanism ensures that FreCx(Polygon) maintains parity with FreCx and can be used seamlessly within the Polygon ecosystem.

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