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 |
- The initial LP and LP Staking rewards were locked for the 6 months in the LP after Project inception launch.
Last modified 1yr ago