FRIES Distribution
There is a total of 840,000,000 tokens (420M allotted in the raise). Potentially inflationary per governance proposal. The FRIES token contract address is 0xFA57F00D948bb6a28072f5416fCbF7836C3d62dD on Ethereum.
Name | Allocation | |
---|---|---|
Advisory | 13% | 2Y Monthly Vested, 1M Cliff |
Community Reserve | 5% | Requires Governance |
General Incentive | 5% | Requires Governance |
Miscellaneous | 2% | Requires Governance |
Governance Reserve |
| 1Y Lock, Requires Governance |
Raise |
| Unlocked |
*The treasury raise completed at $5,401,701.62 out of max $9,696,969 and all remaining tokens were moved into the Governance Reserve treasury following the results of this community proposal: https://snapshot.org/#/friesdao.eth/proposal/0x7dc1a3367bf7a5f6569544837177cebd623d1081d538b8787b277a51d34f6b8f
pageRoadmapMilestones
Anticipated Target Date | Milestone |
---|---|
February 2022 | Token Launch |
February 2022 | Legal Structure Completed |
March 2022 | Staking |
March 2022 | NFT Reveal |
June 2022 | First Franchise Acquisition |
July 2022 | Individual Store Operation Plan |
July 2022 | DAO Operation System Deployed |
August 2022 | Franchise Specific Staking |
Q4 2022 | First Expansion (2nd Franchise) |
Last updated