FireBot PriceFBX

What is FireBot (FBX)?

FireBot (FBX) is the ERC20 utility and governance token of the FireBot ecosystem, built on the Polygon network. CoinMarketCap records a launch date of 24 November 2021, while project materials cite 17 December 2021 (also the CoinMarketCap listing date). The project centres on a deflationary token model with a fixed maximum supply of 21 million FBX. The protocol is designed so that supply only falls over time: its contracts burn FBX during ecosystem interactions such as trading, staking, and transmuter use. Roughly 7.96 million FBX — about 38% of the 21 million hard cap — has been burned permanently. The project describes itself as "Built to burn." Beyond deflationary mechanics, FBX is supported by a portfolio of other cryptocurrencies that provides collateralization and stability, and the system issues EP tokens as proof of burn, which can be staked for rewards. Supply metrics, including total burned supply and daily burn rate, are tracked transparently on-chain. FireBot's software ranks the most liquid cryptocurrencies and assigns each a real-time weight using statistical analysis and machine learning, reflecting their probability of outperforming the market over a given upcoming period. The project describes itself as early-stage, and its trading activity is concentrated in a small number of Polygon-based pairs.

Key Specifications & Tokenomics

• Name: FireBot
• Symbol / Ticker: FBX
• Blockchain / Network: Polygon
• Token Standard: ERC20
• Contract Address (Polygon): 0xd125443f38a69d776177c2b9c041f462936f8218
• Asset Type: Utility / governance token
• Category: Polygon Ecosystem; Non-fungible Tokens; Artificial Intelligence
• Maximum Supply: 21,000,000 FBX
• Total Supply: 13,039,254.68 FBX (per firebot.gg API); CoinMarketCap records 12,998,888 FBX.
• Circulating Supply: 7,198,665.86 FBX (per firebot.gg API)
• Locked: 5,840,588.82 FBX (per firebot.gg API)
• Burned: 7,960,745.32 FBX (per firebot.gg API)
• Fully Diluted Valuation: Fully diluted valuation is shown live on market data pages.
• Deflationary Model: Protocol-level burns during trading, staking, and transmuter use
• Burn Status: Roughly 7.96 million FBX — about 38% of the 21 million hard cap — burned permanently
• EP Token: Issued as proof of burn; can be staked for rewards
• Collateralization: Supported by a portfolio of other cryptocurrencies
• NFT Distribution: New FBX distributed daily to NFT holders
• Security: No public audit report or bug bounty programme is documented in project materials; the CertiK score of 3.5 recorded on the CoinMarketCap listing is a platform metric, not a security guarantee.
• Official Website: https://firebot.gg/
• Whitepaper: https://firebot.gg/whitepaper
• Twitter / X: https://twitter.com/0xFireLabs
• Block Explorer: https://polygonscan.com/token/0xd125443f38a69d776177c2b9c041f462936f8218

Who created FireBot?

FireBot publishes no named founding team; its public presence consists of the firebot.gg website, the whitepaper, the @0xFireLabs X account, a Discord server and announcements via medium.com/@firelabs. The token's launch is dated Dec. 17, 2021, and the project's early phase involved NFT sales that helped form the initial DAO treasury. The initial DAO treasury is now managed by FireBot's proprietary software, while FBX holders retain governance votes on ecosystem decisions, treasury allocation and NFT distribution. Prospective participants should weigh the project's on-chain transparency and published documentation as their primary sources of information about how FireBot is organized and operated.

How does FireBot work?

FireBot operates on the Polygon platform as an ERC20 token with a hard cap of 21 million FBX. Its core mechanism is deflationary: protocol-level burns remove tokens from circulation whenever users interact with the ecosystem, including trading, staking, and using the transmuter. Minting EP tokens also burns FBX, and EP itself functions as proof of burn that can be staked for rewards, linking participation to supply reduction. The system is collateralized by a portfolio of other cryptocurrencies, which the project presents as a source of stability. Supply data, including total burned supply and the daily burn rate, is recorded on-chain for verification. New FBX is distributed daily to NFT holders, and whenever an NFT is sold, 90% of the revenues flow into the treasury. That treasury, originally formed during the launch phase alongside NFT sales, is now managed by FireBot's proprietary software solution, while token holders retain governance rights over key decisions.

FireBot's software ranks the most liquid cryptocurrencies and assigns each a real-time weight based on statistical analysis and machine learning. Users can track portfolios on Debank, review tokenomics, deposit FBX in the project's vault for staking rewards, and follow the main quantitative strategy.

What makes FireBot unique and valuable?

FireBot's distinguishing feature is its strict deflationary design combined with a fixed 21 million token cap. Rather than relying on discretionary buybacks, the protocol burns FBX programmatically during ordinary ecosystem activity, and more than a third of the original supply has already been destroyed permanently. The EP proof-of-burn token adds a second layer: users burn FBX to mint EP, then stake EP for rewards, so participation directly tightens supply. The project also ties its token economy to NFTs, distributing new FBX daily to NFT holders and routing 90% of NFT sale revenues into the treasury. Collateralization through a portfolio of other cryptocurrencies is presented as an additional stability mechanism. On-chain tracking of burned supply and daily burn rate gives holders verifiable insight into the deflationary process, and FBX doubles as a governance token, letting holders vote on the ecosystem, treasury allocation, and NFT distribution.

What is FireBot used for?

FBX serves several practical functions within its ecosystem. It is used to pay the software's fees, making it the native payment unit for FireBot's proprietary tools. It also functions as a governance token: holders can vote on important decisions about the ecosystem, the allocation of the treasury, and the distribution of NFTs. Holding NFTs is rewarded with daily FBX distributions, and NFT sales channel 90% of revenues into the treasury, tying the token to the project's digital collectible economy. Users can burn FBX to mint EP tokens, which serve as proof of burn and can be staked for rewards. Because FBX is supported by a portfolio of other cryptocurrencies, it also plays a role in the project's collateralization and stability framework. Together, these uses connect fees, governance, NFTs, and deflationary burns into a single token economy.

How Is the FireBot ecosystem developing?

FireBot's ecosystem is built around three pillars: NFTs, a DAO treasury, and deflationary token mechanics. During its launch phase, NFT sales helped form the initial DAO treasury, which is now managed by the project's proprietary software solution. New FBX is distributed daily to NFT holders, and every NFT sale adds 90% of its revenues to the treasury, creating a recurring funding loop. The EP token system extends participation by letting users burn FBX to mint EP and stake it for rewards. Governance gives FBX holders a voice in ecosystem decisions, treasury allocation, and NFT distribution. The project continues to publish supply metrics on-chain, including total burned supply and daily burn rate, and maintains community channels on X and Discord. The project describes itself as early-stage, and its trading activity is concentrated in a small number of Polygon-based pairs.

How to mine FireBot?

FireBot is not a mineable cryptocurrency. It is an ERC20 token on Polygon with a fixed maximum supply of 21 million FBX, and no proof-of-work mining process applies to it. Instead of mining, participants engage with the token through staking and burning mechanics. Minting EP tokens requires burning FBX, and EP tokens can then be staked for rewards, effectively making burn-and-stake the protocol's core participation loop. NFT holders receive daily FBX distributions, which functions as another way to acquire tokens without mining. The deflationary design means supply decreases through protocol-level burns during trading, staking, and transmuter use rather than increasing through block rewards. Users who want exposure to FBX typically acquire it through supported trading venues and then participate in staking, governance, or NFT-related activities.

How to keep your FireBot Coin safe?

Because FBX is an ERC20 token on Polygon, it can be held in wallets that support the network and the standard. On at least one self-custodial wallet platform, the token is marked as unverified, with a warning that users should only interact with tokens they trust, so verifying the official contract address before any transaction is essential. Store your private keys or seed phrase offline, never share them, and be cautious of phishing sites that imitate official project pages. Double-check contract addresses against the project's official website and block explorer before buying, swapping, or approving token spending. FBX trades on Polygon decentralized exchanges, including FBX/ETH on QuickSwap v3, FBX/USDT on Uniswap v2, FBX/ETH on SushiSwap v2, and FBX/WSTETH on Uniswap v2 and v3. FBX has shown significant price volatility, and a thinly traded asset can lose most of its value.