FAF Token Launch Summary (April 12, 2025)
On April 12, 2025, 1 billion FAF tokens were minted via a Squads multisig transaction.
1. Community Distribution – 80%
- 78.8% of the supply was allocated to Beast holders via the claim program.
- 1.2% was airdropped to community contributors and Discord role holders:
2. Liquidity Provision – 4%
- The team provided 4% of the total supply as LP on Raydium along with 1,207 SOL (~$155,000):
- An additional 2,322,353 FAF is earmarked for LP and held in the Squads wallet.
3. Advisory Allocation – 0.425% (Distributed so far)
- Vesting via Streamflow, distributed linearly:
4. Incubation Vesting – 5.4% (Pending Setup)
- Yet to be configured, pending coordination with Solana Labs team.