📊Tokenomics
FLARE will be a governance token. The token distribution follows a fixed supply, constant emission model, with burning mechanisms.
Emissions
There are no pre-sales, private sales, or pre-listing allocations of the FLARE token.
All tokens are distributed according to the emission schedule. That means that the team funds and treasury funds are distributed at the same pace as the LP farms.
Part of the emissions are reserved for future strategic partnerships to help the FLARE ecosystem grow. If allocated these will enter a minimum 12-month linear vesting
Launch
Initial liquidity was 2,000,000 $FLARE & $200,000 of $GLMR, with launch price ≈ $0.10
Revenues
0.05% of all trades go to the $FLARE treasury (of which 50% is used for buybacks and burns)
5% tax on single asset staking pools goes to the treasury
0.1 FLARE per liquidity lock goes to the treasury
Locked Tokens
All FLARE tokens will be emitted according to their distribution portion. Team, Treasury and Future Investor funds are emitted together with public distribution to LPs.
Strategic Partnerships
0xE3f205Ab0c931f8229A30f350934a745384063Ea
Treasury
0x68cAB49F2846f9fE6EA0461cfC9DC9660EE12466
Vested Team
0xd637506A7cADb8fd22d29192677444a88aFda891
Distribution
Max supply
400,000,000
Emissions per day
Day 1: 1,400,000 Day 3: 720,000 Day 5: 360,000 Then every 30 days reducing 5,000
Months to emit
72
Liquidity Providers (LP)
70%
Treasury
10%
Team (12 month linear unlock)
10%
Strategic Partnerships (minimum 12 month linear unlock)
10%
Last updated