Supply

1. Emission

FLock's ecosystem will feature FLOCK tokens, set to be distributed to various stakeholders through an initial token emission and a strategically designed reward allocation system over time. Participants will receive rewards in FLOCK tokens based on their contributions to the system.

The total supply of FLOCK is capped at 1 billion tokens.

See here for token allocations details.

2. Slashing

FLock has robust mechanisms in place to ensure the system's integrity and reliability by penalising participants who engage in malicious activities. Specifically, in FL Alliance, if a participant is found to be violating the system's rules or attempting to undermine the network through malicious actions, they may face slashing. Parts of the slashed tokens are rewarded to the honest participants (specifically, it goes to the ones who call the slashing function). This slashing mechanism protects the system from immediate threats by removing or deterring malicious actors, thereby fostering a culture of trust and cooperation among participants.