🧭 Project overview

1.1 What is FEC?

FEC（Fortune Earnings Coupon）

FEC is a full-chain Value-Recycling Transaction Protocol

Definition:

FEC is a full-chain Value-Recycling Transaction Protocol, which provides a new set of on-chain yield generation logic for the DeFi application layer through the programmable mechanism of "spending as an incentive". Each consumption behavior will automatically trigger an incentive function at the protocol layer to generate a continuously released revenue stream. This model realizes the on-chain reflow of value and creates a new paradigm of incentivized consumption protocol.

FEC converts user spend into on-chain revenue streams, and is a multi-chain transaction incentive protocol that combines incentive functions, deflationary mechanisms, and asset anchoring.

Core Concepts:

Spending is rewarding

When users use FEC for consumption, a 10% consumption tax will be charged, triggering the smart contract to generate an ADN Node (Airdrop Node) to form long-term income rights.

An ADN node (Airdrop Node) can generate 1 ADN node for every accumulated consumption (e.g., 10,00 FEC), and the node will gradually release the reward through 100 periods, and finally return 10 times the FEC (e.g., 1 ADN = 10,000 FEC reward).

Delayed Reflow rewards are distributed in the form of "delayed release" and "multiplier withdrawal" to ensure that users continue to participate in the ecosystem and achieve "painless consumption and long-term benefits".

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1.2 Project Vision and Advantages

vision

FEC reconstructs the relationship between consumption and investment through smart contract automatic control, so that every expenditure can be converted into on-chain equity, realizing a sustainable economic model of "consumption is income".

Solve the pain points of traditional consumption and points

Traditional Integration Questions:

Isolated circulation: Merchant points cannot be used across platforms, and their value is limited.

Low transparency: Centralized systems can tamper with data or fail suddenly.

FEC's Solution:

Cross-industry interoperability: FEC can be circulated among merchants in multiple industries (e.g., e-commerce, tourism, and games).

On-chain transparency: All transactions and rewards are executed through smart contracts, which are publicly verifiable.

The "painless consumption" model in the Web3 era

For users:

Automatically pledge part of the amount when consuming, and get 10 times the return in the future, lowering the psychological threshold for consumption.

Accumulate passive income through ADN nodes to achieve "the more you consume, the richer you get".

For merchants:

Low-cost customer acquisition: FEC incentivizes to increase user repurchase rate and loyalty.

Cross-industry traffic sharing: Access to the FEC ecosystem can attract cross-industry consumers.

Core features:

Asset-backed Tokenization

1 USDT equals approximately 100 FEC

The initial issuance of FEC is based on the exchange and minting of real assets (such as DOS and USDT), which is backed by stable value, and belongs to the Native Token or Asset-pegged Token.

Deflationary Transfer Tax

10% of each on-chain transfer is automatically burned, forming a similar transfer tax burn mechanism to maintain the scarcity and long-term value of FEC.

Consumption is reward

All consumption behaviors using FEC will trigger the on-chain incentive function to airdrop rewards to all staking nodes and automatically execute the distribution of rewards.

Airdrop Node + Delayed Relay

The smart contract automatically sets up airdrop nodes according to the threshold, and releases a total of 10 times FEC in 100 periods, building a time-weighted airdrop mechanism to achieve continuous incentives on the chain.

Omnichain Composability

In the future, the protocol will have the ability to deploy cross-chain (via LayerZero, Axelar, or CCIP) to support circulation and trigger airdrop logic between multiple blockchains (EVM-compatible chains) and heterogeneous chains (SOLAN, Tron, etc.).

1.3 Application Scenarios

A panorama of FEC application scenarios

1.3.1 Commercial consumption ecology

1.1. Chain retail network

Cross-store exchange: The FEC accumulated by the user's consumption in supermarket A can be deducted from the membership fee in gym B

Dynamic pricing: smart contracts automatically adjust the discount according to the consumption frequency (high-frequency users enjoy higher ADN rewards)

Case: Malaysia Red House Food Court Alliance, which realizes the common FEC of 17 merchants

2.2. O2O convergence scenario

Online [e-commerce platform] -->| FEC Payment| Offline [physical store verification]

Offline -->|consumption data on the chain| CRM [Smart Membership System]

CRM --> Online [Personalized Recommendation]

1.3.2. Digital entertainment

1. Game economic system

Item transaction fees will be settled in FEC

Guild War rewards adopt the FEC+NFT dual-track system

Data: The average retention rate of chain games with FEC increased by 63%

1.3.3. Cross-border trade infrastructure

1. Multi-currency settlement layer | Features | Legacy Mode | FEC Solutions |

| ---------------------|-------------------|-------------------|

| Pay Cycle | 3-5 business days | Real-time settlement |

| Exchange rate risk | Hedging | On-chain stablecoin pegging |

2. Customs clearance is accelerated

Importers use FEC to pay duties:

Automatically generate verifiable blockchain tax payment certificates

Comply with WTO "Digital Economy Trade Agreement" standards