Tokenomics
Last updated
Last updated
Symbol: FPS
Supply: 420,000,000
Airdrop_12.5% Community building, testnet incentives, and computing power mining.
Supernode Presale_2.5% FLOPS Tokens will be pre-sold to support the stability of PoS & PoW supernodes. All these tokens will stake into POS node and will never be unlocked.
Foundation_12.5% FLOPS will establish an ecological foundation, operating as a DAO. The foundation will provide token rewards for projects and initiatives that promote the ecosystem’s growth.
Mining_60.0% All nodes (PoW & PoS) on the FLOPS network will generate tokens through mining.
Strategic Investment_5.0% Following the launch of the FLOPS mainnet, leading Web3 capital will be introduced to bolster the ecosystem’s expansion. Tokens acquired by institutional investors will be released linearly over an extended period.
Team_7.5% Tokens allocated to the project team will support ongoing operations and development, with a longer-term linear release schedule.
Production:
Block Rewards Block rewards are earned by node validators through transaction verification and block packaging, commonly known as mining.
Transaction Fees Users must pay a certain amount of FLOPS as a fee when making on-chain transactions. These fees are distributed as rewards to the validators who package the transaction.
Computing Power Leasing GPU contributors earn leasing fees by renting out their computing power.
Burn:
PoS Staking Users who wish to become PoS nodes must stake FLOPS in a smart contract until they withdraw from the validator role.
Transaction Fees Users must pay a transaction fee when making on-chain transactions.
Burn Mechanism Base Fee Burn Mechanism: The base fee for each transaction will be burned, reducing the total supply of tokens.
Computing Power Market Enterprise users need to use FLOPS tokens for computing power leasing, or after cash payments by clients, the funds will be used to repurchase FLOPS tokens for payment.
Airdrop Methods:
Daily Learning to Earn Points: 2.5% (10.5 million tokens)
On-Chain Interactions for Airdrop: 3% (12.6 million tokens)
Providing Computing Power for Airdrop: 7% (29.4 million tokens)