Falcon Finance releases white paper for FF token, allocates 8.3% to community

Falcon Finance has released the white paper for its native token, FF, The Daily Hodl reported. The token's total supply is 10 billion, with allocations of 35% for ecosystem growth, 32.2% for the foundation, 20% for the team and contributors, 8.3% for community airdrops and launchpads, and 4.5% for other investors. A total of 2.34 billion tokens are set to be released at the Token Generation Event (TGE). FF will serve as the core token of the Falcon Finance ecosystem, used for DeFi applications and fees. The company previously conducted a presale for FF on Sept. 10 through the access platform Buidlpad.