Tokens
Flower (Flower)
Contract: 0x22C42347A0050502aa94dDCd7ac9e313cD20BfDE
Initial supply of 23,000 Flower is allocated fully to the Genesis pool rewards.
Note that while Flower attempts to actively peg via the algorithm, this does not mean it will be valued at 1 USDC all times as it is not collateralized. We advocate that you should not consider Flower a crypto or fiat-backed stablecoin.
The Flower token is designed to be used as a medium of exchange. The built-in stability mechanism in the protocol aims to maintain Flower peg to 1 USDC in the long run.
Bee (Bee)
Contract: 0xb0C3d54b3CB7C2BAE26eBc7C09BE2D32E5963b31
We all know how much Bees love flowers! Bee tokens are one of the ways to measure the value of the Flower Finance Protocol in terms of discounted cash flows of future Flower as well as investor's trust in the ability of Flower Finance to consistently maintain Flower close to peg. During epoch expansions the protocol mints Flower and distributes it proportionally to all Bee stakers who have staked their tokens in the HIVE (boardroom).
Bee has a maximum total supply of 10,001 tokens distributed as follows:
Treasury/DAO Allocation: 250 Bee vested linearly over 90 days
Team Allocation: 750 Bee vested linearly over 90 days
Rewards: 9000 Bee are allocated for incentivizing liquidity providers in two farming pools linearly over 90 days
Initial mint: 1 Bee minted upon contract creation for the initial pool (only 0.001 Provided for LP, the rest is burned to ensure the team has minimal exposure before tokens are generally available)
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