FODL
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Tokenomics

The FODL token serves as both a governance token for the fully decentralized protocol DAO, as well as a vehicle for fully decentralized revenue distribution. Token supply will never be changed, and supply distribution is as follows:\
Ticker:
$FODL
Total supply
1,000,000,000
Initial DEX listing LP
200,000,000
Initial Price
$0.025
Initial FDV
$25,000,000
Platform position rewards
350,000,000
Treasury
Funded via Fodl buybacks
FODL LP staking rewards
~125,000,000
xFODL staking rewards
50,000,000
Decentralized development grants
~125,000,000
Team
100,000,000
Starting August 2022 FODL position rewards were paused so the APR is 0. See DAO vote here!

Vesting Periods

  • The initial LP and LP Staking rewards were locked for the 6 months in the LP after Project inception launch.