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Flower Governance Token

Flower is the ERC20 governance token which entitles holders to voting rights on Flower DAO proposals. Besides governance, the token is used to incentivize and bootstrap early usage of the protocol.

FLOWER Total Supply​

The initial total supply of FLOWER is 100,000,000. After 4 years the DAO is able to mint 5% of the total supply annually which it can use to further grow the protocol.

Initial Distribution​

The initial distribution of FLOWER is as follows:

Flower Token Distribution

Community DAO Treasury​

45% of the initial total supply of FLOWER is allocated to the Community DAO treasury. This treasury is governed by the Flower DAO and under full control of FLOWER token holders. Governance participants can propose and vote on how the treasury is used for for example growth incentives, marketing and other community initiatives.

Hanami Foundation​

30% of the initial total supply of FLOWER is allocated to the Hanami Foundation. The Hanami Foundation is a non-profit organization whose sole mission it is to support the Flower protocol and its community. 1/3 of the Hanami Foundation allocation will be unlocked at launch and the remaining 2/3 will be unlocked linearly over 2 years, starting 1 year after launch.

Through a vesting smart contract it will be ensured that the Hanami Foundation will not be able to participate in governance with tokens which are not vested.

Founders and Advisors​

15% of the initial total supply of FLOWER is allocated to the founders and advisors. The founders and advisors will receive their allocation linearly over 2 years, starting 1 year after launch.

Seed Investors​

10% of the initial total supply of FLOWER is allocated to the seed investors. The seed investors will receive their allocation linearly over 1 year, starting 1 year after launch.