Flop Labs Unveils FLOP Tokenomics Proposal: 51.2% Allocated to Miners, 20.4% for Airdrops

BlockBeats News, August 26th, Flop Labs announced the preliminary tokenomics of the FLOP token, with no VC allocation or presale, and all FLOP tokens must be obtained through network participation. The project is expected to reach a cumulative supply of 17.2 billion tokens in the 10th year, with a final annual inflation rate of 0.6%.

In terms of distribution, 8.8 billion FLOP tokens will be allocated to miners, accounting for 51.2% of the total supply; 3.5 billion tokens will be allocated for airdrops, representing 20.4%, with miners, validators, and agents receiving 1.2 billion, 0.31 billion, and 1.2 billion tokens respectively, and an additional 0.79 billion for reserves and incentives. The team and foundation will receive 2 billion tokens, accounting for 11.4%; validators will receive 1.2 billion tokens, representing 6.9%; brokers and agents will receive 1.2 billion tokens, accounting for 6.8%; and staking rewards will be 0.6 billion tokens, or 3.4%.

Flop Labs stated that the airdrop will target miners, validators, agents, and early community participants. The project plans to hold an AMA hosted by Arthur Hayes at X Spaces and YouTube next week, where more details will be revealed. Currently, all tokenomics data is in a preliminary stage and may be subject to adjustments in the future.