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  1. Governance
  2. GYFI Tokenomics

Token Allocation

PreviousGYFI TokenomicsNextRelease schedules

Last updated 3 months ago

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DAO - 65% of the GYFI supply, as follows:

  • DAO Initial Service Providers. 2.43% to be held by service providers to the DAO (including marketing and trading firms) as per GIP-3. This is an initial amount and the allocation may be increased as a result of further DAO votes.

  • DAO Initial Airdrop. Up to 15.27% to be distributed from the DAO to ecosystem participants through an initial airdrop, assuming that all users choose GIP-1 Option 3. Fewer users choosing Option 3 will result in a lower overall allocation, with that allocation instead remaining in the DAO Treasury.

  • DAO Gyroscope Foundation. 15% to be held by the Gyroscope Foundation to support the ecosystem.

  • DAO Treasury. At least 32.29% to be allocated to the DAO Treasury. This amount will be larger if more users choose GIP-1 Options 1 or 2 (see also Release schedules). The pie chart above assumes that all users choose Option 3, resulting in the largest overall Initial Airdrop allocation and minimizing the DAO Treasury allocation.

FTL Labs - 35% of the GYFI supply, as follows:

  • FTL SAFT Purchasers. 4.47% allocated to investors. All investors are subject to a cliff until the end of October 2025 with linear vesting taking place over 2 years until 31 May 2027.

  • FTL Labs. 30.53% allocated to FTL Labs, the development company that built the first version of the protocol. All team members are subject to a cliff until the end of October 2025 and 4 year non-linear backweighted vesting typically starting from date of joining FTL Labs. Team members with the largest allocations have agreed to additional lockup terms to prevent a large spike in liquid tokens.

Disclaimer: this documentation primarily summarizes decisions that have been taken by the Gyroscope DAO on the Gyroscope snapshot. For further information please refer to the original sources.

Note: these figures are subject to change and should be considered a guide only. Not financial advice.