Flop Labs Reveals FLOP Tokenomics With No VC or Presale
Flop Labs has revealed the first details of FLOP tokenomics, with no VC allocation and no presale.
20.4% of total FLOP supply is allocated to the airdrop for miners, validators, agents and early community members.
Flop Labs and the Flop Foundation will each receive 8 FLOP per block alongside the 96 FLOP block reward. Both allocations follow the network’s halving schedule and sunset after year 10, reaching 5.7% of total supply each by then.
The Foundation will also receive a portion of FLOP confiscated from dishonest miners and validators, with funds supporting network development and efforts to reduce block times to sub-one second.
Further airdrop details and an AMA hosted by Arthur Hayes are expected next week.
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