# LFNTY Allocation

1,000,000 LFNTY (1% of the total supply) was reserved for Flare holders and has been distributed as of May 16, 2023.

Flares could either be staked or locked to receive their portion of LFNTY.&#x20;

Staking allowed holders to earn a pro-rata share of the remaining LFNTY to be distributed over the course of 1 year. Holders could unstake at anytime.

Locking Flares granted holders their share of LFNTY as 4-year locked veLFNTY upfront. The Flare was locked until the end of the 1 year distribution period. The amount of LFNTY that was locked for veLFNTY was 1/10,000 of the LFNTY that was left to be distributed at the time that it was locked (e.g. if you locked 6 months after distribution had begun, you would have received 1/10,000 of 0.5%).


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