Tokenomics
On September 2, 2024, token holders were given control of the treasury via FartherDAO. The dev fund remains available for anyone interested in taking over the project. Please read the full announcement. This change deprecates the allocations below but the information will remain here for reference.
FARTHER address: 0x8ad5b9007556749de59e088c88801a3aaa87134b
The initial supply is 1 billion tokens, and there is no initial price. The community decides what its worth. Please read the disclaimers before buying.
Allocations amount are listed below, with respective links to Gnosis Safes where the pools are stored.
- 4.4%
- 25% liquidity pool & mining rewards
- 30%
- 35.6% tip allocations
- 5%
In addition to the initial supply, the Farther token contract is capable of optionally minting up to 3% of the current token supply per year. This could potentially be used to fund future initiatives, however there are currently no specific plans for it. It can be permanently revoked if the Farther community decides.