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:

1. Sharing Pass-Minting

2. Renew the Pass

3. Buy advertisement service