# FLY Tokenomics {% hint style="info" %} Fly token address: 0x5Ba62cbDab03aC70652293e5F5f8afC919CfFd78 {% endhint %} ## 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) {% hint style="info" %} The Lynex team will manage the initial bribes! It is kept in their treasury wallet: 0x410303943dc392631fb202f429c363dea1feb2e2 {% endhint %} ### 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. {% hint style="info" %} The tax applies to each on-chain transfer! That includes sending FLY tokens to another wallet. {% endhint %} --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://flywheel-finance.gitbook.io/flywheel-finance/fly-token-first-flywheel/fly-tokenomics.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.