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Token Distribution

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Flack Exchange: Strategic Token Distribution Overview

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🪙 FLACK Allocation Breakdown

Flack Exchange delineates a meticulously planned token distribution strategy, ensuring balanced allocation across various segments of the ecosystem.

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1️⃣ Genesis Phase

  • 📈 Public Sale Distribution:

    • Immediate Allocation: 15% upfront, divided into 5% xFLACK and 10% FLACK.

  • 🔒 Protocol Owned Liquidity:

    • Initial Liquidity: 10%, with 7.5% used initially and pre-minted in a multisig.

  • 💧 Genesis Hyper Pools:

    • Linear Distribution: 5% distributed over 6 months as xFLACK.

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2️⃣ FLACK Distribution

  • ⛏️ Liquidity Mining: 22.5% over 3 years.

  • 🤝 Core Contributors: 20%, vested over 3 years.

  • 🌉 Partnerships: 10%, with a 6-month cliff and 2-year vesting.

  • 🏦 Reserves: 8%, pre-minted in a multisig.

  • 🌐 Ecosystem Growth: 5%.

  • 💻 Development Fund: 2.5%, vested over 3 years.

  • 🧠 Advisors: 2%, vested over 3 years.

  • 💼 Emission Method: Combining FLACK and xFLACK, except for Reserves and Development Fund.

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3️⃣ FLACK Supply Release Schedule

  • 📅 3-Year Timeline: Release of supply in FLACK (blue) and xFLACK (green) over 3 years.

  • 🚀 Initial Float: Initial float of 28% FLACK and 5% xFLACK.

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4️⃣ Public Sale Dynamics

  • 🔥 Burn Mechanism: Unsold tokens will be burned.

  • 💰 Proceeds Allocation:

    • 50%: Paired with 7.5% of FLACK for UNI v2-style liquidity.

    • 30%: Directed towards dividends.

    • 20%: Allocated to the treasury for Core Contributors.

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5️⃣ Genesis Liquidity Mining

  • 🌱 Pre-Sale Mining: Deposits for Genesis Hyper Pools open pre-public sale, with xFLACK emissions over 6 months post-sale.

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6️⃣ Liquidity Mining Emissions

  • 💎 Emission Composition: Roughly 15% in FLACK and 85% in xFLACK.

  • 🔄 Variable Emissions: Adjusted by demand, targeting the scheduled rate.

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7️⃣ Partnerships and Ecosystem Integration

  • 🔗 Strategic Alliances: Allocation towards protocols that integrate with Flack Exchange for ecosystem synergy.

  • 📈 Vesting Plan: 2-year horizon in xFLACK with a 6-month cliff.

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