FRAC Level
Last updated
Last updated
Fractrade uses the $FRAC token on Hyperliquid Spot to limit access to the platform, testing various token based features and as governance token. $FRAC token holders can decide about new features and get access to different levels of the application.
Based on your FRAC Level you have access to different Agents / Strategies / Features of the website. If you see a permission required error message, or don't see a particular strategy, you have to upgrade your FRAC Level as described below.
Your FRAC level is determined by the amount of FRAC tokens you hold:
Anon Level: Hold 0+ FRAC tokens
Beginner Level: Hold 1000+ FRAC tokens
Advanced Level: Hold 2000+ FRAC tokens
Degen Level: Hold 3000+ FRAC tokens
OG Level: Hold 10.000+ FRAC tokens and get an invitation (this is only for selected users, who are active in the community!)
Your level is checked in real-time when connecting your wallet and periodically to ensure you maintain the required balance.
The ANON level requires no FRAC tokens to be held, but has only very limited access to the platform.
The features and token amounts might change and eventually, we will switch over to the more dynamic and fair Frac Score System which you find on Github / and in the technical details section. Check the fractrade.xyz app in the Update Frac Level section for the latest available limits and features here: https://alpha.fractrade.xyz/accounts/verify_frac_balance/ .
To update your FRAC Level, go to:
The update process requires three steps:
Buy $FRAC Token as documented here: https://fractrade.gitbook.io/fractrade/user-documentation/buy-usdfrac-token
Connect your Wallet to the fractrade.xyz app.
Verify your balance by signing an offline transaction which makes sure you own the connected wallet.
After finishing those three steps, your Frac Level will automatically update. The platform does periodic checks if you still hold the required balance. Also, when switching to the newer Frac Score model for our final version of the platform, longer holding periods will be rewarded.
Hint: We never have access to your funds. The transaction signing happens offline and just proves that you own the wallet.