$FAF Token Distribution

78.8% of the supply allocated to Flash Beast NFT holders — burn a Beast to claim or stake $FAF. TGE 14 April 2025; claim deadline 15 October 2025.

788M was seeded into the staking vault two days before TGE. When the claim deadline passed, the unclaimed 46.2M was swept back to the Protocol Multisig and later redeployed as liquidity (see Liquidity Provision) — every step has a receipt.

1.2% airdropped to community contributors and Discord role holders (Token Transparency Report ↗).

11,999,998 $FAF fanned out to 28 recipients in tiered amounts on 19 April 2025 — validated 1:1 (signature, recipient and amount) against the distribution list Flash published ↗.

9.6% for first-year staking rewards — 8M $FAF per 30-day epoch across 12 epochs, starting with Epoch 1 on 15 April 2025.

128,447,290 $FAF entered the vault across 14 monthly top-ups: 97,321,767 of fresh issuance from the Protocol Multisig, plus 31,125,523 of recycled fees (instant-claim penalties from Beast burns and instant-unstake fees that stayed in the vault, were swept out monthly and returned in the next top-up — exact to the penny). The December 2025 budget cut (8M → 5.6M per epoch) was announced as funding partner incentives, but they never materialised (no per-epoch partner payments appear on-chain) — in effect the cut funded the two extension epochs. All but 35.67 of the 128.4M $FAF has been allocated to stakers.

4% provided as DEX liquidity per the Token Transparency Report ↗.

37,677,648 $FAF was deployed into a Raydium LP in two tranches at launch. The remaining 2,322,353 $FAF was earmarked for LP and kept in the Squads multisig. In February 2026 the LP changed venue: 40,339,438 $FAF was seeded into the Futarchy FAF-USDC AMM from multisig reserves (briefly drawing on the not-yet-paid rewards budget), then the 40,353,315 $FAF Raydium position was withdrawn back to the multisig — a near like-for-like swap. The swept unclaimed community allocation (see Community (Beast holders)) followed in March 2026 — every leg linked below.

5.4% for the Solana Labs incubation programme, delivered via Streamflow vesting contracts (Token Transparency Report ↗).

The full 54,000,000 was delivered on 7 October 2025: 40,994,400 locked into two Streamflow vesting contracts and 13,005,600 sent directly — escrow plus direct equals 54M exactly.

1% for advisors, vested via Streamflow (Token Transparency Report ↗).

9,702,689 $FAF (0.97%) was delivered on-chain: 5,452,689 to Greed Academy (17 Apr 2025) and a 4,250,000 batch (21 Apr 2025) split across three Streamflow vesting contracts plus a direct payment (receipts include Streamflow’s ~0.19% service fee). The remaining ~0.3M of the 10M was not distributed.

Not part of the initial allocation. Flash announced it was buying $FAF on the market to incentivise lend/borrow integrations (Discord, 20 Aug 2025).

6,533,468 $FAF was bought from the Raydium pool in a single transaction that same day. 1,850,000 was routed to Kamino — 1,845,000 into two Kamino Farms reward vaults (Sep–Oct 2025) that have paid ~1.7M on to ~1,480 Kamino users as farm rewards, and are still emitting — and 4,451,000 went to Carrot (Nov 2025 – Feb 2026; Carrot wound down in April 2026). Together that is 6.3M of the 6.53M buy; the small remainder stayed in the team funding wallet.