Token
FLUME token
FLUME's supply, its fair launch, and how holders govern the vault's pricing, quote key and program.
FLUME is Flume's governance token. Holders decide how the vault prices and what it buys, which key signs its quotes, and whether the program changes. Every FLUME reaches its holders through one public launch, on the same terms for everyone.
At a glance
| Detail | Value |
|---|---|
| Name | Flume |
| Ticker | FLUME |
| Network | Solana, as an SPL token |
| Total supply | 1,000,000,000 FLUME |
| Decimals | 6 |
| Distribution | 100% at the public launch |
| Minting | The whole supply is minted once, at issuance, and the mint authority is then revoked. No more FLUME can be made. |
| Freeze authority | None. No one can freeze a FLUME account. |
Fair launch
The whole supply goes to the public launch, and everyone gets FLUME the same way, on the same terms.
- No presale and no investor round.
- No team share. The people who build Flume buy FLUME on the market, like anyone else.
- No airdrop and no early-user share.
- Nothing set aside. There's no treasury or reward pool held back, so there's nothing to vest or unlock later.
Governance
FLUME deposited in governance votes, one FLUME to one vote. You can withdraw it whenever it isn't counted in a live vote.
What a vote decides
| Decision | What a vote sets |
|---|---|
| Pricing model | Every parameter in the model hash: the history window, the share of the projection paid, the cap, the share and term limits, and the vault's limits |
| Quote key | Which key co-signs quotes and SOL sales |
| Program upgrades | Whether and how the program changes, while governance holds its upgrade authority. Contracts and keys shows who holds it |
The pricing model is what every quote comes from: the seven-day history, the quarter of the projection that's paid, the cap at twice the price, the 50% and thirty-day limits on a sale, and the limits on what the vault buys. Its hash is stored in the vault, and quotes stop if it doesn't match. See Pricing.
How a vote runs
Propose
Anyone with 1,000,000 FLUME deposited can open a proposal. It carries the exact transactions that run if it passes.
Vote
Voting runs for five days. A proposal passes with more votes for than against and at least 30,000,000 FLUME voting for it.
Wait
A passed proposal waits two days before it can run, so everyone can see exactly what will change.
Run
Anyone can run it. A new pricing model takes effect only while no stream is open, so it always lands between rounds and never touches a stream already sold.
What stays the same
- No fee. Flume charges no fee of its own, in FLUME or in anything else, and takes no cut of the vault or of any stream.
- Quotes don't depend on FLUME. A quote comes from a source's last seven days of USDC fees, the share and term you pick, and the vault's limits. Holding FLUME doesn't change it.
- Vault cash stays in the vault. The vault pays USDC only to creators at sale and to LPs at withdrawal.