🛩️Token Allocation

FILEDOGE adopts a Fair Launch mechanism in the community, where everyone is on the same starting line. The founding team owns 0 coins. Like all other community members, they can only buy coins on the marketplace. The overall decentralized genesis scheme is as follows:

1. 44% of the total supply enters the Swap pool of FILEDOGE with corresponding private keys destroyed for fair genesis. After the official release of the FIL smart contract, the FILEDOGE/FIL trading pair will be added to the DEX of Swap, along with a liquidity pool of 440 trillion FILEDOGE and 1,000 FIL. The corresponding private keys will be destroyed.

2. 15% of the total supply is airdropped to FIL holders in proportion to their holdings. The community will take a snapshot of FIL holders' positions at a certain time, and deploy the smart contract for token airdrops. FIL holders can get the airdrops of FILEDOGE through the contract in proportion to their holdings.

3. 1% of the total supply is airdropped to Discord community members. The FILEDOGE legion has always been a big fan of Discord. To motivate community members, this portion of airdrop will be given to the first 100,000 community members.

4. 20% of the total supply will be sent to the official Filecoin lab’s wallet for "Burning ". FILEDOGE is an important part of FIL's ecology. As FILEDOGE’s founder Fredrick indicated, "20% of the FILEDOGE supply will be sent to the lab as we believe that the lab will firmly stick to the concept of decentralization without violating any regulations, and will actively "burning " or properly manage the token."

5. 20% of the total supply will be sent to Vitalik's wallet on FIL for "Burning ". As a tribute to Vitalik's great contribution to smart contract and ETH, when FVM is compatible with EVM, this portion of the tokens will be sent to Vitalik's wallet on FIL. If the delivery fails, these tokens will be forwarded to the official Filecoin lab’s wallet as well.