$FRAKT Tokenomics

Value accrual and utilities

Value accrual mechanisms are explained in the Holder Benefits section

$FRAKT utilities are listed here

Allocations

Total supply for $FRAKT will be 10B

  • 6.25% for migration from $FRKT (1:62.5 conversion rate with linear unlock over a year)

  • 5% for IDO

  • Remaining allocations will be communicated after closing the Strategic Round

IDO

  • Date is still TBD

  • 500M $FRAKT (5% of total supply) will be sold at IDO

  • 0,003$ per $FRAKT will be the minimum price at IDO

  • IDO model (fixed price vs variable price) hasn't been defined yet IF we go for for a variable price (Mango-style IDO) then the price of $FRAKT at IDO will depend on IDO participation. A few simulations below :

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