$FNCY is used as the native asset on FNCY blockchain and is used by network users to pay for nodes that process the requested operation.
Gas Fee
Governance Staking
DeFi Main Currency
Digital Asset Purchase (NFT Marketplace) and Service Fees
1 billion $FNCY are created at Genesis Block (Epoch 0) for the swap of $ITAMCUBE tokens that exist on Ethereum and BSC chains.
After the completion of governance setting following Genesis Block generation, 5 $FNCY will be minted per block and will be distributed according to the governance reward distribution plan specified in the table below. 52,560,000 $FNCY coins are created annually and automatically distributed to the addresses defined in governance. In total, a maximum of 2 billion coins will be issued, including the 1 billion coins created at the Genesis Block.
$FNCY at Genesis Block
1,000,000,000
Mint Per Block
5
Max Total Supply
2,000,000,000
Automatically distribute to addresses defined by on-chain governance.
FAM (Validators)
30%
Partner Treasury
10%
Ecosystem
40%
Operation
20%
* FAM (FNCY Authorized Members): Reward for FNCY chain validators
* Partner Treasury: Staking reward for partners and enterprises
* Ecosystem: Reward and reserved resources for the healthy users and ecosystem
* Operation: Operational use for maintaining quality and integrity of FNCY services
To ensure that FNCY network grows and the ecosystem remains sustainable, 40% of the number minted per block (2 FNCY) will be used for the Ecosystem Fund. The use of Ecosystem Fund will be divided into three categories as follows.
Fund for $FNCY Single Staking Services for Initial Critical Mass Acquisition for Minimum Sustainable Economy (MSE)
Fund to build a healthy and virtuous DeFi ecosystem of FNCY networks
Used for marketing (Airdrop) to secure initial users using FNCY networks (game services, content services, NFTs, etc.)
Total Supply (@TGE)
1,000,000,000
TGE 73.219%
Vesting ends in 2027 4Q
Total Additional Mint Supply
1,000,000,000
5 coins minted per block (3 sec)Vesting ends in 2042
*Governance Voting can be initiated to implement Halving to control excess minting
Market Supply
702,193,620
Partner
147,569,334
Service Growth Fund
29,990,000
Ecosystem Growth Fund
60,247,046
Team
30,000,000
Reserve (Lock Up)
30,000,000
Total Supply
1,000,000,000
Market Supply
702,193,620
Reserve (Lock Up)
30,000,000
Initial Circulation Supply
732,193,620
Partner
147,569,334
12.5% linear bimonthly vesting from Dec. 22
Service Growth Fund
30,000,000
3.33% linear monthly vesting from Jan. 23
Ecosystem Growth Fund
60,247,046
3.73% vesting at Jan. 23
3.32% linear monthly vesting from Feb. 23
Team
30,000,000
5% linear quarterly vesting from Jan. 23
