# πΉFriddy a Rewards Utility Coin

## FriddyP (Friddy) Coin is issued for the LP as the profit coin for the executed transaction for the merchant. write the model and calculate of it

## Reconciling the Model Numbers

Assuming that 497 LPs deposit the same $3000 and receive 1% of their total compounded profits for 30 days, we can reconcile the numbers. The total deposits would be around 59 million, but since we are assuming the LPs are cashing out the 1% profit, the total deposits would be around 49 million. This is the same 30% profit that LPs are making on their deposits. Therefore, the model is accurate.

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