Tokenomics

$FAF Token

FAF is the reward, utility and governance token of Flash Trade and unlocks massive perks for users of the platform.

The majority of FAF supply (80%) were distributed to the early supporters after transitioning from The Flash Beast to FAF. You can read more about the Flash Beast and the role it played in early growth of Flash Trade from here.

FAF deviates from the conventional low float, high FDV mechanics prevalent in other DeFi tokens. Instead, it employs a novel approach where the majority of the supply is unlocked from the outset. The team maintains no predetermined allocation, and their compensation is determined by the futarchy based DAO. For more information on Futarchy, and how it works you can learn from this link.

Flash.Trade Token ($FAF) Overview

• Token Name: Flash.Trade

• Ticker Symbol: $FAF

• Current Supply: 1,000,000,000

• Mint Address: FAFxVxnkzZHMCodkWyoccgUNgVScqMw2mhhQBYDFjFAF

• Governance Model: Futarchy-based

Token Distribution

Community Rewards to Flash Beasts: 800,000,000

Liquidity: 40,000,000

Advisors: 10,000,000 (vested linearly over two years)

Incubation: 54,000,000 (vested linearly over two years)

First Year Rewards: 96,000,000 (distributed to stakers using rewards program over one year)

Team Allocation: To be determined by the Futarchy DAO in the future.

FAF distribution chart

Note: Majority of $FAF is unlocked in the market without any overhang and changes in supply is subjected to Futarchy based governance from existing holders.