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.