Tokenomics $FOT+$FIT
Abstract
Dual-token mechanism
$FOT Token is the governance token of Feed.xyz, distributed among content creators and key partnerships in this ecosystem, with a limited supply of 10,000,000,000. $FIT is the utility token in Feed.xyz ecosystem without number limit, it will be distributed to readers who share to earn.
$FOT Allocation Details and Vesting Schedule
Total Supply: 10,000,000,000 $FOT
Allocation
Details
Team&Advisor
1,500,000,000 (20.00%)
12 months lock-up and linear release over 24 months
Liquidity Mining
2,000,000,000 (20.00%)
20% will be mined in the first 6 months then the remaining 80% will be mined over 6 years
Seed Investors
300,000,000 (3.00%)
12 months lock-up then release over 48 months
Private Investors
1,500,000,000 (15.00%)
9 months lock-up then release over 30 months
Content Mining
3,000,000,000 (30.00%)
Be mined over 5 years
DAO
1,200,000,000 (12.00%)
Including Marketing Cost and Liquidity management part etc, will be governanced by DAO
$FIT
Supply and Earning
$FIT has an unlimited supply and is earned when a user share recommended contents on twitter.
$FIT Burning Mechanics (Destroying)
The $FIT is burned by:
Sharing Pass-Minting
Renew the Pass
Buy advertisement service
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