Early Bird Rewards

To incentivize rapid growth in the number of community members during the early stages of Flambu, the first users to join and being active in Flambu will receive FLAM rewards according to the following table of actions:

Signing up with phone & email verification	50
Listing items (per item after item is verified)	10

The rewards in the table above will be halved by a deflation mechanism each time when a threshold of transactional volume has been reached in the platform. The first threshold is set to $10K of transactions volume. Then each threshold will be 10x of the previous threshold.

For example, when the transaction volume reaches $10K, each user that signs up after that point in time will receive 5 Flames, and when the transaction volume reaches $100K, each user that signs up after that point in time will get 2.5 Flames, and so on.

A total of 15,000,000 FLAM will be allocated to the Early Bird Rewards and will cease when the budget is depleted. The distributed FLAM will come entirely from the Growth Fund and will amount to:

• 1.5% of the maximum supply of FLAM;

• 6% of the total allocation of FLAM to the Growth Fund;

• 60% of the FLAM that is vested to the Growth Fund at the TGE.