FIRE token FIRE is the intermediary token used in the Vulcan Forged The PYR Market Wallet enables a user to interact with the marketplace. As bidding on items is quick firerequires instantaneous confirmation, it is impractical to wait for every bidder to transfer their PYR to an escrow wallet before the bid is allowed (and then transfer it back again if they are outbid). So
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For this reason we have created a smart contract where you convert your PYR from your PYR to FIRE Main Wallet to your PYR Market Wallet (1:1 ratio), and use FIRE the PYR in your PYR Market Wallet to bid which is instant. You can then convert transfer your FIRE PYR back to the PYR when Main Wallet whenever you like.
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