# Tokenomics

**Token Name:** Firefly

**Symbol:** FLY

**Total Supply:** 100,000,000 FLY

**Contract Address:** 0x170C6f4c848Dd834605B419F72C3ee4323d1ca57 

**Distribution:**

* 20% - Firefly pool LP incentives  and FLY staking (no vesting; unlock schedule subject to specific campaigns)  
* 20% -  Project development fund (20% vests on TGE; Remainder vests over 2 years)
* 20% - Team (20% vests on TGE; Remainder vests over 2 years)
* 17.5% - [Liquidity Provider D.O.C.](/firefly-docs/d.o.c.-details/liquidity-doc.md) (6 month vesting)
* 5% - [Manta De-Fi Power User D.O.C.](/firefly-docs/d.o.c.-details/manta-defi-power-user-doc.md) (6 month vesting)
* 5% - Private Round (20% vests on TGE; Remainder vests over 2 years)
* 3% - Advisors (no vesting; unlock schedule subject to specific agreements with advisors)
* 2.5% - [Trading Competition D.O.C.](/firefly-docs/d.o.c.-details/trading-doc.md)  (6 month vesting)
* 2.5% - ['Get out of Jail' D.O.C.](/firefly-docs/d.o.c.-details/get-out-of-jail-doc.md)  (6 month vesting)
* 2.5% - [Renew Paradigm D.O.C.](/firefly-docs/d.o.c.-details/renew-paradigm-doc.md) (6 month vesting)
* 1.5% - Initial Pool Liquidity for $FLY (no vesting)
* 0.5% - Galxe Taskers (no vesting; unlock schedule subject to specific incentive campaigns)

### The FLY Token

FLY is the protocol token of Firefly.  The FLY token will serve as the governance token of the protocol, determining the direction of the protocol's development.   Ahead, users will also be able to stake FLY to earn yield and enhance their APRs from farming.

FLY tokens will be distributed to community members in the fairest way possible.


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