💱FLY Tokenomics

Fly token address: 0x5Ba62cbDab03aC70652293e5F5f8afC919CfFd78

Token and supply distribution

All tokens will be fully minted during the stealth launch on Lynex. There is no team allocation and no more minting in the future! Total supply: 1,000,000,000: 500,000,000 for the initial LP 500,000,000 for bribes (spread over 10 weeks)

The Lynex team will manage the initial bribes! It is kept in their treasury wallet: 0x410303943dc392631fb202f429c363dea1feb2e2

FLY Token Tax

5% tax on each transfer: A 5% tax will be applied to each transfer, with the primary goal of increasing protocol-owned liquidity (POL). The treasury will not sell FLY tokens to create more POL or buy veLynx; instead, this will be done mainly through farming and using voting rewards. For the first 10 weeks, the team will use initially reserved bribes, and after that, taxes will fund ongoing bribes for the FLY-USD+ farm, ensuring continued incentivization and protocol stability.

The tax applies to each on-chain transfer! That includes sending FLY tokens to another wallet.