Fluid Protocol - Community
  • Fluid Protocol Overview
  • Protocol Design
    • Swap and Provide Liquidity
    • Borrowing
    • Earn via the Stability Pool and Liquidations
    • Redemption
    • FPT Distribution
    • Rewards via FPT Staking
    • Governance and Immutability
    • Methodology
    • Collateral Types
  • Resources
    • Tutorial Video
    • Smart Contracts
    • Community
    • Security
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  • FPT Token
  • Genesis Allocations
  • Max Supply
  • Is FPT a governance token?
  1. Protocol Design

FPT Distribution

PreviousRedemptionNextRewards via FPT Staking

Last updated 3 months ago

FPT Token

FPT (Fluid Protocol Token) is the secondary utility token issued by Fluid Protocol. The token can be staked to earn staking rewards in both USDF and the underlying collateral type.

FPT rewards accrue to Stability Providers — i.e. users who deposit FPT to the Stability Pool, and early liquidity providers on decentralized exchange(s). 

As technical rewards, they are based on a preprogrammed functionality of the protocol and not on a claim towards any company or third party.

Genesis Allocations

  • Community 45% (45,000,000) - Rewards to the community include liquidity reward pools for stability pool deposits, distribution to LP’s for liquidity pools (up to 48 month issuance period)

  • Investors 20% (20,000,000) - allocated to early investors

  • Team 21% (21,000,000) - allocated to current and future team members

  • Treasury 14% (11,000,000) - allocated to the Fluid Foundation for general use by the protocol

Max Supply

The max supply of FPT is 100,000,000.

Is FPT a governance token?

No, FPT token will not be used for governance. Fluid Protocol does not have governance.

FPT Tokenomics