> For the complete documentation index, see [llms.txt](https://docs.flash.im/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.flash.im/whitepaper/tokenomics.md).

# Tokenomics

### 11.1 The Token

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**$FL is FLASH's payment token. Total supply is 10 billion, with no further issuance.**
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TGE is H2 2026 (or H1 2027).

### 11.2 Utility

Every paid use of FLASH flows through $FL.

<figure><img src="/files/mDa8EZeMx4gpe4sGdKdN" alt="$FL utility flow"><figcaption></figcaption></figure>

### 11.3 Allocation

<figure><img src="/files/RYsAW0xnkc8IsgKup90C" alt="$FL allocation"><figcaption></figcaption></figure>

### 11.4 Unlock Schedule

23.40% circulates at TGE; the rest is distributed monthly over 48 months.

<figure><img src="/files/X2KnvzojnHSvy5H2t0uM" alt="Unlock schedule"><figcaption></figcaption></figure>

| Period               | Unlock      | Allocations            |
| -------------------- | ----------- | ---------------------- |
| TGE                  | 23.40%      | Parts of 7 allocations |
| TGE+2 to +6 months   | 0.42%/month | 1                      |
| TGE+7 months         | 1.37%       | 3                      |
| TGE+8 to +11 months  | 0.95%/month | 2                      |
| TGE+12 months        | 0.75%       | 1                      |
| TGE+13 to +42 months | 2.03%/month | 4                      |
| TGE+43 to +48 months | 1.28%/month | 3                      |

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Team and Investors allocations begin distribution after a 12-month cliff from TGE. 100% is distributed 48 months after TGE.
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