35% Frax Finance Treasury 35,000,000
FXS voters have total control in voting how to distribute these tokens through governance.
30% FPI Protocol Treasury 30,000,000
FPIS voters themselves have total control in how to distribute these tokens.
25% Core Developers & Contributors Treasury 25,000,000
4 year back-vested to start from February 20th 2022 at the same time as airdrop genesis with a 6 month cliff. Distribution occurs on/around 20th of each month. This treasury will be staked in veFPIS system in 4 week intervals between monthly distributions when veFPIS is released.
10% February 2022 Airdrop to FXS Holders 10,000,000
Snapshot on February 20th 11:59:59 UTC 2022 and claimable until August 20th 11:59:59 UTC 2022