🏦Treasury and Transaction Tax
The Treasury is utilized to maintain equilibrium in the $FLOQ cycle.
Last updated
The Treasury is utilized to maintain equilibrium in the $FLOQ cycle.
Last updated
Upon players depositing into the Wallet, the $FLOQ tokens utilized for interactions with Axon are transferred to the Treasury address for centralized management. The detailed allocation guidelines are as follows:
Burn 50%;
Airdrop 5%;
$XPH Staking Rewards 45%.
$FLOQ symbolizes the value of computing power within the system. Beyond initial creation and distribution, every transfer of $FLOQ between users results in a 15% reduction in computing power.
The transaction tax part will be transferred to the Treasury for unified burning and redistribution.
As the core value unit of the system, $FLOQ will be continuously produced and destroyed for users to maintain circulation and price stability.
