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feat: add tockenomics page
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‎docs/support/tokenomics.mdx‎

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---
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slug: tokenomics
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title: Tokenomics
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description: Overview of Flare's token economics, allocation, and utility
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keywords: [tokenomics, FLR, token, allocation, distribution, inflation, vesting]
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hide_table_of_contents: false
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---
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# Tokenomics
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Flare's token economics support Flare's ambition to connect the decentralized economy and drive broader adoption of web3. These tokenomics help to create a more balanced playing field where multiple connected ecosystems have an incentive to grow and participate with Flare. The adoption of [FIP.01](https://flare.network/fip01/) on [January 27, 2023](https://portal.flare.network/proposal/view/31313223399225215467886651717691514407244212421129328237186875197531473335173) enabled this approach by changing the mechanism of the public token distribution.
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## Token Allocation
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At network genesis, 100 billion $FLR tokens (100,000,000,000) were created.
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:::note
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[FIP.01](https://flare.network/fip01/) lowered the initial token supply to 15 billion FLR tokens. Accordingly, the "Initial Supply" means 15 billion $FLR tokens, and "Distributed Supply" means 100 billion FLR tokens to be distributed over 36 months via FlareDrop. "Final Supply" means Initial Supply plus Inflation.
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:::
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These tokens have been allocated to the following groups. Note the delegation, claiming, and voting abilities of each, defined here:
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- **Can delegate**: The entity can delegate tokens to the Flare Time Series Oracle to earn standard inflationary rewards.
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- **Can claim**: The entity can wrap tokens to claim a portion of the FlareDrop.
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- **Can vote**: The entity can use its tokens to participate in governance by voting on Flare Improvement Proposals.
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### Flare Partners
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| Entity | Total $FLR Allocation | Can Delegate | Can Claim the FlareDrop | Can Vote |
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| ------------------- | ---------------------------------- | ------------------------ | ----------------------- | -------- |
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| **Flare Labs (FL)** | 12,965,300,324<br/>(12.97 billion) | YES | NO | YES |
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| **Flare VC Fund** | 10,000,000,000<br/>(10 billion) | With tokens from FL only | NO | NO |
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| **SUBTOTAL** | 22.97 billion $FLR | | | |
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### Flare Community
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| Entity | Total $FLR Allocation | Can Delegate | Can Claim the FlareDrop | Can Vote |
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| ------------------------------ | --------------------------------- | ------------ | ----------------------- | -------- |
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| **Flare Foundation (FF)** | 9,787,578,628<br/>(9.8 billion) | NO | NO | NO |
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| **Initial Token Distribution** | 4,278,738,206<br/>(4.3 billion) | YES | YES | YES |
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| **FlareDrop** | 24,246,183,166<br/>(24.2 billion) | YES | YES | YES |
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| **Incentive Pool** | 20,000,000,000<br/>(20 billion) | YES | YES | YES |
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| **SUBTOTAL** | 58.3 billion $FLR | | | |
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### Team, Advisors, and Backers
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| Entity | Total $FLR Allocation | Can Delegate | Can Claim the FlareDrop | Can Vote |
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| ----------------- | ------------------------------- | ------------ | ----------------------- | -------- |
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| **Founding Team** | 7,000,000,000<br/>(7 billion) | YES | NO | YES |
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| **Rest of Team** | 1,500,000,000<br/>(1.5 billion) | YES | NO | YES |
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| **Future Team** | 3,000,000,000<br/>(3 billion) | YES | NO | YES |
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| **Advisors** | 2,000,000,000<br/>(2 billion) | YES | YES | YES |
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| **Backers** | 3,100,811,196<br/>(3.1 billion) | YES | YES | YES |
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| **SUBTOTAL** | 16.6 billion $FLR | | | |
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### Inflation Amount
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| Entity | Total $FLR Allocation | Can Delegate | Can Claim the FlareDrop | Can Vote |
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| ------------- | --------------------- | ------------ | ----------------------- | -------- |
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| **Inflation** | N/A | YES | YES | YES |
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## Token Description
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$FLR is the transactional token for the Flare network.
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| Attribute | Description |
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| ---------------------------------- | ---------------- |
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| **Network** | Flare |
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| **Token name** | Flare |
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| **Ticker** | FLR |
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| **Initial supply** | 15 billion |
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| **Distributed supply** | 100 billion |
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| **Decimals** | Up to 18 |
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| **Genesis creation date** | July 14, 2022 |
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| **Token Distribution Event (TDE)** | January 9, 2023 |
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| **FIP.01 acceptance** | January 27, 2023 |
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## Flare Token Utility
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Flare is an EVM-based Layer 1 that gives developers decentralized access to data from other chains and the internet.
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$FLR provides support for each of these functions:
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- **Network Security**: Staking to validator nodes to provide network security through proof of stake consensus.
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- **Data Provision**: Incentivized delegation to the Flare Time Series Oracle (FTSO).
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- **DApp Collateral**: Collateral within decentralized applications built on Flare blockchains.
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- **Governance**: Participation within network governance.
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- **Transaction Fees**: Prevention of spam attacks.
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## Public Distribution
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The 28,524,921,372 $FLR public distribution is split into two parts:
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1. The first 15%, the initial Airdrop (4,278,738,206 $FLR), was distributed during the Token Distribution Event (TDE) on January 9, 2023 to wallets that held XRP on December 12, 2020.
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2. The remaining 85% (24,246,183,166 $FLR), the FlareDrop, are being distributed over 36 monthly amounts directly to token holders who have wrapped their $FLR into $WFLR.
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## Inflation Calculation
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Annual inflation is calculated based on circulating supply:
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- 10% in year 1
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- 7% in year 2
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- 5% from year 3 onwards
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## Vesting Overview
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Most token allocations follow a 36-month vesting schedule:
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- 15% unlocked at TDE (January 9, 2023)
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- Remaining 85% vesting over 36 months:
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- 35 monthly amounts of 2.37% each
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- Final amount of 2.05% in month 36
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The Flare Team has selling restrictions:
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- No sales permitted within the first 6 months
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- Maximum 10% of vested tokens permitted to be sold within months 7-12
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- Maximum 25% of vested tokens permitted to be sold within months 13-18
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## Supply Metrics
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- **Initial Supply**: 15B $FLR (as specified in FIP.01)
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- **Distributed Supply**: 100B $FLR (Initial supply + FlareDrop distribution)
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- **Total Supply**: Distributed supply + inflation
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- **Circulating Supply**: Unlocked distributed tokens
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- **Liquid Supply**: Tokens available for sale (circulating supply minus locked tokens)
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After the 36-month distribution period, approximately 93.9B $FLR will be circulating out of a total 110.1B $FLR (including inflation).

‎docusaurus.config.ts‎

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@@ -130,6 +130,10 @@ const config: Config = {
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label: "Audits",
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to: "/support/audits",
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},
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{
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label: "Tokenomics",
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to: "/support/tokenomics",
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},
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{
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label: "Whitepapers",
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to: "/support/whitepapers",

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