The Hexagon Finance Token Distribution at a Glance

FLAKE is the platform token of Hexagon Finance. FLAKE has a total maximum supply of 100,000,000. The token distribution follows a fixed-supply, decaying-emission model.

No presales are planned or VCs involved.

Airdrops & Liquidity Bootstrapping Pool (LBP)

5% of the total max supply of FLAKE (5,000,000 FLAKE) is allocated for airdrops and to fund the Liquidity Bootstrapping Pool.

The Liquidity Bootstrapping Pool will use the allocated FLAKE (less than 5,000,000 FLAKE), along with its equivalent worth in UST, to initiate a public fundraising activity, for liquidity bootstrapping purposes.

Team

6% of the total maximum supply will be allocated to the team. The tokens in this slot will be locked for 6 months upon launch, and linearly released in 24 months.

Partners

Hexagon Finance is incubated by Terra and Balancer. 12% of the total maximum supply will be allocated to the two partners. The tokens in this slot will be locked for 6 months upon launch, and linearly released in 24 months.

Treasury

12% of FLAKE tokens are allocated for Treasury Reserves, marketing, partners, insurance, and other teams in general that contribute to the Hexagon Finance ecosystem. In general, the FLAKE tokens in the Treasury Reserves will have a linear vesting schedule, with 20% released yearly.

Liquidity mining

65% of the tokens are reserved as incentives for protocol liquidity contributors.