Token Distribution
Flack Exchange: Strategic Token Distribution Overview
🪙 FLACK Allocation Breakdown
Flack Exchange delineates a meticulously planned token distribution strategy, ensuring balanced allocation across various segments of the ecosystem.
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.
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.
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.
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.
5️⃣ Genesis Liquidity Mining
🌱 Pre-Sale Mining: Deposits for Genesis Hyper Pools open pre-public sale, with xFLACK emissions over 6 months post-sale.
6️⃣ Liquidity Mining Emissions
💎 Emission Composition: Roughly 15% in FLACK and 85% in xFLACK.
🔄 Variable Emissions: Adjusted by demand, targeting the scheduled rate.
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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